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ONLY FANS OWNER RECEIVED $700 MILLION IN DIVIDENDS BEFORE DEATH

OnlyFans owner received $700mn in dividends before his death this year

Streaming platform used by sex workers has 5mn creator accounts according to latest annual results
The OnlyFans logo and branding icon displayed on a mobile phone, with a large blue company icon in the background.
OnlyFans is highly cash-generative and employs only 47 people © Jonathan Raa/NurPhoto via Getty Images
OnlyFans paid out more than $700mn in dividends to its owner before his death earlier this year, according to annual accounts for the British streaming platform to be filed in the UK this week.
Results for Fenix International — which owns the UK-based streaming platform used by sex workers — show revenue increasing a tenth to $1.6bn in the year to November 2025, and pre-tax profit up 5 per cent to $715mn. The business, which is highly cash-generative, employs only 47 people.
The majority of profits in its 2025 accounts went in dividends to its owner, Ukrainian-American entrepreneur Leonid Radvinsky, who died from cancer in the spring. His death preceded the sale of a 16 per cent stake in the business to San Francisco-based private equity firm Architect Capital in April for $535mn, giving the company a $3.2bn valuation.
The company’s accounts show $535mn was paid to Radvinsky in dividends in its 2025 financial year, up from $497mn the year before. However, a further $174mn was paid in several tranches since the end of the financial year, according to the accounts.
The sale valuation was seen as low for such a profitable company by some Wall Street advisers, explained by a reluctance among investors to be involved in a business that has become notorious for connecting porn performers directly with paying fans.
In 2025, the total number of OnlyFans creator accounts rose 9 per cent to 5mn, with the number of fan accounts increasing 16 per cent to 437mn globally.
Of the 5mn creator accounts, 2.5mn were classed as “active”, having been used in the financial year to November 30 2025, while there were 132mn active fan accounts.
About $6.2bn was paid out to its creators last year — after OnlyFans took its 20 per cent cut of their proceeds.
The overall amount paid to creators now totals $30bn since the platform was established in 2016.
The site also hosts other creators such as actors, musicians and sports stars seeking to generate money directly from fans, often in exchange for accepting requests for specific types of content.
The accounts — which will be filed this week in Companies House — confirm that the group is now controlled by the family trust led by Katie Chudnovsky, Radvinsky’s widow.
OnlyFans is marking its tenth anniversary, having been set up in 2016 by British entrepreneur Tim Stokely and his father, Guy, and then sold in 2018 to Radvinsky. It remains based in the UK.
Keily Blair, chief executive of OnlyFans, said: “In the 10 years since the platform launched in 2016, OnlyFans has paid out over $30bn to creators around the world, including over $1mn to more than 5,000 creators. As a UK-based business, we have also made a significant contribution to the UK economy, paying over £600mn in corporate taxes from 2016 to date.”
The group’s largest market is the US, where it generated $965mn of revenue in its last financial year. The UK and Europe contributed $347mn and the rest of the world $241mn.
This entry was posted in Billionaires in the world on August 26, 2026 by sterlingcooper.

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