Leonid Radvinsky, the chief executive officer of OnlyFans, has died at the age of 43 following a prolonged battle with cancer.

In a statement issued on Monday, the company confirmed that the Ukrainian-born businessman “passed away peacefully after a long illness,” while requesting privacy for his family during this period.

“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,” the statement read.

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Radvinsky, who was raised in Chicago in the United States, acquired OnlyFans in 2018 from its UK-based founders and transformed it into one of the world’s most profitable digital subscription platforms.

Launched in 2016, OnlyFans enables content creators to share photos and videos behind a paywall, earning income through subscriptions, tips, and personalised content. Although the platform hosts a variety of content — including fitness and lifestyle material — it became widely associated with adult content and direct creator-to-fan engagement.

Its popularity soared during the COVID-19 pandemic, as global lockdowns drove increased online activity among both creators and users.

The surge significantly boosted Radvinsky’s fortune, earning him a place on Forbes’ list of billionaires within three years of acquiring the platform.

OnlyFans retains a 20 percent commission on creators’ earnings, a model that has played a key role in its rapid growth and global expansion.

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