google-site-verification: googlec7193c3de77668c9.html

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


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.

Read more from Sky News:
Iran war: Further fuel price hikes ahead
Scotland’s busiest train station to fully reopen

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.


Source link

Views: 2

See also  Watch: Raging waters and rescues as Hurricane Helene hits Florida

Check Also

1744207783 537ff930 6139 11ee b101 6f93d6dfbcc2.png

Barney Frank: One of the first openly gay US congressmen dies aged 86

After a decades-long career in Congress, he spent his final weeks at his home in …

Suspected Ebola cases reaches 600 and more expected – WHO

There are now 600 suspected Ebola cases after the outbreak in Congo and Uganda, the …

Access Denied

Access Denied You don’t have permission to access “http://news.sky.com/story/australia-faces-biggest-diphtheria-outbreak-in-decades-13546167” on this server. Reference #18.8eb00f17.1779275028.261549f8 https://errors.edgesuite.net/18.8eb00f17.1779275028.261549f8 …

Leave a Reply

Available for Amazon Prime