Profits at OnlyFans have soared over the past year, while news that owners have earned more than $300m (£238m) in dividends has raised fresh questions about the porn tycoon. Leonid Radvinsky is a 41-year-old Ukrainian-American entrepreneur with an estimated net worth of $2.1 billion.
He bought the company in 2018 from the father-and-son team of Guy and Tim Stokely, who invested £10,000 ($12,500) to launch it two years ago This company. To put it bluntly: very little. Despite having his own platform, Mr. Radvinsky has chosen to keep his personal life private. He hasn’t done many interviews.
Despite his apparent dislike for the public eye, references to his life can still be found on his LinkedIn profile and personal website. Mr. Radvinsky is a venture capitalist, philanthropist and technology entrepreneur with a “particular interest in emerging social media platforms,” according to LinkedIn.
On his own website, Radvinsky says he has been “building software companies and contributing to the open source movement” for the past two decades. Mr. Radvinsky’s company, which was born in the Ukrainian port city of Odessa, uses cryptocurrencies to donate to relief efforts in Ukraine. According to CoinDesk, the actual value of the 2022 donation is more than $1.3 million.
Radvinsky said he devotes “significant amounts of time, energy and money to worthy causes such as 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,” according to his website.
His family immigrated to the United States as a child and settled in Chicago, according to The Daily Telegraph. He now lives in “Sunny Florida,” but we’re not sure exactly where. The billionaire was described by Forbes as a married man, but the BBC was unable to verify the identity of his wife.
Mr. Radvinsky received a BA in Economics from Northwestern University near Chicago, Illinois, in 2002. The entrepreneur has since delved into several projects. Before becoming the sole shareholder of Fenix, the parent company of OnlyFans, he founded a website recommendation company called Cybertania.
Since the late 1990s, the company has been providing users with password-coded links to content, including pornography, according to Forbes. He also owned a successful adult webcam company before he stepped in and bought OnlyFans.