Safiu Kehinde
Leonid Radvinsky, the owner of adult contents platform, OnlyFans, has died at the age of 43.
Radvinsky, who reportedly transformed the platform into a global digital powerhouse, tragically passed away after prolonged battle with cancer.
The London based company confirmed his death on Monday, stating that the Ukrainian-born entrepreneur passed away peacefully after a prolonged illness.
His family however requested privacy during the period of mourning.
“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 company said in an emailed statement.
According to reports, Radvinsky acquired a majority stake in OnlyFans in 2018 and played a pivotal role in reshaping the adult content industry by enabling creators to earn directly from subscribers.
He owned the platform’s parent company, Fenix International Ltd., according to its most recent UK filings.
Founded in 2016 by British entrepreneurs Guy and Tim Stokely, OnlyFans gained prominence for hosting content restricted on mainstream social platforms.
Its popularity surged during the COVID-19 pandemic as creators turned to digital platforms for income.
His demise is expected to raise fresh questions about the future ownership of the controversial but highly profitable platform.
Before his passing, Radvinsky had been in early-stage discussions to sell a 60% stake in the company in a deal that could value OnlyFans at about $5.5 billion.