Profits at OnlyFans have skyrocketed over the past year, and the revelation that the company’s owners have earned more than $300 million (£238 million) in dividends has prompted new questions about the porn tycoon. The estimated net worth of Leonid Radvinsky, a 41-year-old Ukrainian-American entrepreneur, is $2.1 billion.
The father-and-son team of Guy and Tim Stokely, who invested £10,000 ($12,500) to launch the business two years prior, sold him the company in 2018. This business. In direct terms: very little. Even though Mr. Radvinsky has his own platform, he has chosen to keep his personal life private. He has conducted few interviews.
Despite his apparent aversion to the spotlight, his LinkedIn profile and personal website contain references to his life. Mr. Radvinsky is a venture capitalist, philanthropist, and technology entrepreneur with a “particular interest in emerging social media platforms,” according to LinkedIn.
Radvinsky states on his website that he has been “building software companies and contributing to the open source movement” for the past twenty years. The company founded by Mr. Radvinsky in the Ukrainian port city of Odessa donates to relief efforts in Ukraine using cryptocurrencies. According to CoinDesk, the actual value of the donation for 2022 exceeds $1,300,000.
Radvinsky stated that he devotes “considerable time, effort, and resources to worthy causes like philanthropy and technology projects.” In addition to his work as a programmer and philanthropist, he is “an avid reader, always fond of playing chess, and an aspiring helicopter pilot,” as stated on his website.
According to The Daily Telegraph, his family immigrated to the United States as a child and settled in Chicago. We do not know where he currently resides in “Sunny Florida.” Forbes described the magnate as being married, but the BBC was unable to confirm his wife’s identity.
In 2002, Mr. Radvinsky earned a Bachelor of Arts in Economics from Northwestern University near Chicago, Illinois. Since then, the entrepreneur has engaged in numerous initiatives. Before he became the sole owner of Fenix, the parent company of OnlyFans, he founded Cybertania, a website recommendation company.
According to Forbes, the corporation has provided users with password-protected links to pornographic content since the late 1990s. Prior to purchasing OnlyFans, he was the owner of a flourishing adult webcam company.