Billionaire OnlyFans owner Leonid Radvinsky, 43, reportedly died earlier than originally believed.
Georgia Worrell – The NY Post
OnlyFans owner Leonid Radvinsky was such a secretive recluse that he was dead from cancer for days before the news ever became public Monday, a friend revealed to The NY Post.
“Insiders knew [Radvinsky] had been dealing with health issues for some time, and while his passing is tragic, he left behind a company that was fully prepared and resilient,” said Andy Bachman, CEO of Creators Inc., which works closely with adult content creators from the controversial site.
“His passing wasn’t sudden, so there was a lot of preparation.
“He passed a few days before the media found out, so there was no interruption to the business.”
Mr Radvinsky, who died following a long battle with cancer at age 43, made $7.4 billion (A$10.62b) by making porn mainstream and helping people to post their most private moments on the internet for money.
But he was so guarded about his own life that there is only one public photo of him.
“The irony with Leo is that he built one of the most talked-about platforms on the internet, but he lived a life that was incredibly quiet and very disciplined, and rooted in faith and family,” Mr Bachman said.
“He really stayed out of the spotlight.”
Sophie Rain and other top stars publicly paid tribute for the millions he helped them make — but they said they had never met or spoken to him.
Before his death, Mr Radvinsky sequestered himself in a $19 million (A$27m), 6,000-square-foot oceanfront condo at Turnberry Ocean Club, one of Miami’s most exclusive addresses.
The fortress-like property offers private elevators, 24/7 security and direct access to parking facilities so outside observers can’t see who comes and goes.
The Ukraine-born businessman is survived by his lawyer and philanthropist wife, Yekaterina “Katie” Chudnovsky, who heads special projects at the Rare Cancer Research Foundation, according to an online bio for her.
According to Mr Radvinsky’s personal website, he also made philanthropic donations to Memorial Sloan Kettering Cancer Center, the University of Chicago and EB Research Partnership, a global organisation dedicated to funding research to treat and cure the rare genetic disease epidermolysis bullosa. The group of skin disorders cause extremely fragile skin that can see severe blistering and wounds from minor friction.
Mr Radvinsky, who was raised outside Chicago, acquired OnlyFans’ parent company, Fenix International, in 2018 from British father-and-son duo Guy and Tim Stokely, who had founded the platform two years prior, according to the Financial Times.
At the time, OnlyFans was little more than a niche site for adult content subscriptions.
He transformed the porn industry by offering adult content creators a platform to reach their audience directly through subscriptions and keep 80 per cent of their revenues.
While working as the director and majority shareholder of the company, from 2021 through early 2025, Mr Radvinsky paid himself a whopping $1.8 billion (A$2.5b) in dividends, according to Forbes.
His shares in the company have reportedly been held in a trust.
He was previously trying to sell his stake in the company for $8 billion (A$11b), according to reports — though he had trouble finding a bank to broker the deal.
Fenix International was in talks last year over a potential acquisition by a group led by Forest Road, an LA-based investment bank and advisory firm, though the potential deals collapsed for unknown reasons.
Despite Mr Radvinsky’s apparent bashfulness about owning OnlyFans, it wasn’t his first foray into porn.
Among his early ventures were websites that claimed to offer hacked passwords to porn sites.
Later, he would register hundreds of domain names — many of them X-rated or referencing celebrities of the early 2000s.
In 2004, he launched MyFreeCams, one of the early players in the live camming business, a precursor to OnlyFans.
Under his ownership, OnlyFans became a global sensation — particularly during the COVID-19 pandemic, when it added 300,000 users a day. Rain thanked Radvinsky for changing her life by allowing her to make $95 million (A$134m) on OnlyFans.
“I don’t even know how to put this into words. That man built something that changed my entire life. Like, I grew up on food stamps, and now I can take care of my whole family because of a platform he created. I will never forget that,” she told The Post. “Before OnlyFans, I was waitressing and barely making rent. That platform gave me everything. And that doesn’t happen without someone building it in the first place,” said Ms Rain, 21.
This article originally appeared in The NY Post and was reproduced with permission.
