Leonid Radvinsky, owner of OnlyFans, has died at the age of 43.

Leonid Radvinsky, the Ukrainian-American billionaire and majority owner of the OnlyFans platform, has died at the age of 43 from cancer, the company announced.

Discreet and with little media presence, Radvinsky had acquired Fenix ​​International, the parent company of OnlyFans, from its British founder Tim Stokely in 2018. He had since been its main shareholder and sat on the board of directors.

Under his leadership, OnlyFans transformed into a global phenomenon centered on adult content, attracting over 300 million users and generating more than a billion dollars in annual revenue. The business model, based on paid subscriptions and a 20% commission taken by the platform, profoundly impacted the online content industry.

The site's popularity exploded during the Covid-19 pandemic, with a massive influx of creators and users, helping to redefine the relationship between content creators and the public.

Radvinsky's disappearance now raises questions about the company's future. His shares in Fenix ​​International have been held since 2024 by a trust, the LR Fenix ​​Trust, which could complicate any short-term strategic decisions.

According to Forbes estimates, his fortune was around $4,7 billion. OnlyFans recently explored the possibility of selling a majority stake to an investment fund, in a deal valuing the company at approximately $5,5 billion.

Alongside his activities in the world of digital platforms, Radvinsky also ran a venture capital fund specializing in technology.

Born in Ukraine and raised in Chicago, he leaves behind a company that has become one of the most influential in the contemporary digital economy.