Leonid Radvinsky, owner of OnlyFans adult platform, dies at the age of 43

Leonid Radvinsky, a Ukrainian-American entrepreneur who was the owner of the adult content platform OnlyFans, has died.

In a statement, the company confirmed his death from cancer at the age of 43.

A spokesman for OnlyFans said: "We are deeply saddened to announce the death of Leo Radvinsky.

"Leo passed away peacefully after a long battle with cancer.

"His family have requested privacy at this difficult time."

Mr Radvinsky acquired Fenix International ⁠Limited, the parent company of OnlyFans, in 2018 and served ‌as its director and majority shareholder.

He also ran Leo, a venture capital ‌fund he founded in 2009 that focuses primarily on investments in technology companies.

OnlyFans, founded in 2016 by British entrepreneur Tim Stokely, ⁠surged in popularity during the ​COVID pandemic as lockdowns drove creators ​and consumers online.

It turned the subscription-based ​platform into a mainstream source of ⁠income and entertainment globally.

In January, the Reuters news agency reported that OnlyFans was exploring the sale of ⁠a majority stake to ​investment firm Architect Capital in a deal ​valuing the company at about $5.5bn (£4.1bn), including debt.

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The strong financial performance by the platform led to significant cash windfalls for Mr Radvinsky.

Last August, it was revealed Mr Radvinsky was paid £522m in dividends in 2024.

The streaming site had also seen its user numbers jump by almost a quarter.

OnlyFans reported that the total number of creator accounts producing content for the site grew by 13% to 4.6 million as more people used it as an opportunity to make a living.

(c) Sky News 2026: Leonid Radvinsky, owner of OnlyFans adult platform, dies at the age of 43