Leonid Radvinsky, the billionaire entrepreneur behind OnlyFans who turned the platform into a global digital phenomenon, has died at 43 after a battle with cancer.
The London-based company confirmed his passing on Monday, stating that the Ukrainian-born businessman died peacefully following a prolonged illness, with his family requesting privacy during the mourning period.
“We are deeply saddened to announce the death of Leo Radvinsky. Leo passed away peacefully after a long battle with cancer,” the company said in a statement. “His family have requested privacy at this difficult time.”
Radvinsky acquired a majority stake in OnlyFans in 2018 and was instrumental in reshaping the adult content industry, allowing creators to earn directly from subscribers. He owned the platform’s parent company, Fenix International Ltd., according to the latest UK filings.
Founded in 2016 by British entrepreneurs Guy and Tim Stokely, OnlyFans became known for hosting content restricted on mainstream social media. Its popularity soared during the COVID-19 pandemic as creators increasingly relied on digital platforms for income.
Radvinsky’s death is expected to spark renewed questions about the future ownership of the controversial yet highly profitable platform. Prior to his passing, he had been in early talks to sell a 60% stake in OnlyFans, in a deal that could have valued the company at around $5.5 billion.
