OnlyFans Owner Leonid Radvinsky Dies at 43 After Battle with Cancer

Billionaire entrepreneur and owner of the subscription platform OnlyFans, Leonid Radvinsky, has died at the age of 43 following a prolonged illness.

The company confirmed his death in a statement on Monday, noting that he passed away peacefully after battling cancer. His family has requested privacy during this period.

Radvinsky’s passing comes at a time when OnlyFans was reportedly in the early stages of discussions to sell a majority stake in the business.

“We are deeply saddened to announce the death of Leo Radvinsky. He passed away peacefully after a long battle with cancer,” the London-based company said.

Radvinsky became the majority owner of OnlyFans in 2018 through its parent company, Fenix International Ltd. Under his leadership, the platform experienced rapid growth, becoming a major player in the global digital subscription industry.

Founded in 2016 by Guy and Tim Stokely, OnlyFans gained widespread popularity during the COVID-19 pandemic as many content creators turned to it as a source of income.

By 2024, the platform had grown to over 4.6 million creators and approximately 377 million users worldwide. It generated $1.4 billion in revenue, earning primarily through a 20 percent commission on creators’ income.

Before his death, reports indicated that Radvinsky was considering selling a 60 percent stake in the company at an estimated valuation of $5.5 billion. Architect Capital, a San Francisco-based investment firm, was said to be in early talks to lead the deal, potentially combining equity with about $2 billion in debt financing.

Although discussions were still preliminary, they reflected increasing investor interest in subscription-based platforms, despite ongoing regulatory and reputational challenges.

Radvinsky was also known for the substantial financial returns he derived from the business. Since 2021, he reportedly received about $1.8 billion in dividends, including a $700 million payout in 2024.

His net worth was estimated at $3.8 billion in 2025, with some reports placing it at $4.7 billion at the time of his death.

The company also disclosed that Radvinsky transferred his ownership stake to a trust in 2024, a move that could influence the company’s future leadership and control.

Born in Odesa, Ukraine, into a Jewish family, Radvinsky later moved to Chicago, where he studied economics at Northwestern University, graduating in 2002.

He began his career in the digital space as a teenager with Cybertania, a referral-based website. In 2004, he founded MyFreeCams, an early platform in paid live streaming.

Beyond this, he operated a venture capital firm, Leo, invested in technology companies, and supported open-source initiatives. He was also active in philanthropy, donating millions to causes including Ukraine relief efforts, cancer research, and animal welfare.