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.
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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