Leonid Radvinsky, owner of OnlyFans, has died

Leonid RadvinskyThe billionaire owner of the adult creator network OnlyFans has died at the age of 43 after a battle with cancer.

OnlyFans confirmed Radvinsky’s death on Monday. The company said it was “deeply saddened” by his death, according to a spokesman, adding that his family had requested privacy. Reuters I reported the news for the first time.

Originally from Odessa, Ukraine, Radvinsky moved to Chicago as a child and began running adult live streaming sites in his teenage years, launching MyFreeCams in 2004.

Radvinsky purchased a 75% stake in Fenix ​​International Limited, OnlyFans’ parent company, in 2018 and served as its director and majority shareholder. In addition to OnlyFans, he has invested in technology companies through Leo, a venture capital fund founded in 2009.

OnlyFans was founded in 2016 by Tim Stockley and gained massive popularity during the COVID-19 pandemic. The platform has enabled creators to monetize their work directly, and has attracted many in the adult industry looking for a reliable source of income. So far, OnlyFans has paid more than that 25 billion dollars For creative people.

Radvinsky’s death comes just months after the company’s death It is said In negotiations to sell a 60% stake in OnlyFans, which would have valued the company at approximately $5.5 billion.