OnlyFans owner Leonid Radvinsky dies aged 43

OnlyFans owner Leonid Radvinsky dies aged 43

OnlyFans owner Leonid Radvinsky has died after a battle with cancer, the company has confirmed.

The Ukrainian-born American businessman and entrepreneur was 43 years old and had an estimated net worth of $US4.7 billion at the time of his death, according to Forbes.

His death was announced by OnlyFans, the British company he owned and turned into an online pornography powerhouse.

LIVE UPDATES: Trump postpones strikes on Iranian energy sitesLeonid Radvinsky died after a long battle with cancer, OnlyFans said in a statement.

"We are deeply saddened to announce the death of Leo Radvinsky," a company spokesperson said.

"Leo passed away peacefully after a long battle with cancer."

The entrepreneur founded an adult streaming website MyFreeCams in 2004, and developed several websites that helped amass his fortune.

READ MORE: Brutal truth in Sydney mum's video as Aussies sweat through cost-of-living crisisThe OnlyFans logo on a laptop computer arranged in New York, U.S., on Thursday, June 17, 2021. OnlyFans, a site where celebrities and adult-film stars charge admirers for access to videos and photos, is in talks to raise new funding at a company valuation of more than $1 billion, according to people with knowledge of the matter. Photographer: Gabby Jones/Bloomberg via Getty Images

In 2018, he acquired a 75 per cent stake in Fenix International, the parent company of OnlyFans.

Under his watch, the company became focused on offering a platform for online pornography creators, with OnlyFans taking a 20 per cent cut of any profits made.

Since the site was founded in 2016, OnlyFans has paid out more than $36 billion to creators. 

Last year, it generated $10.27 billion from users, who pay subscriptions to the content creators, as well as offer tips and payment for special requests.

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