Leonid Radvinsky, the billionaire proprietor of the grownup creator community OnlyFans, has handed away on the age of 43 after a battle with most cancers.
OnlyFans confirmed Radvinsky’s dying on Monday. The corporate mentioned it was “deeply saddened” by his passing, in response to a spokesperson, including that his household has requested privateness. Reuters first reported the information.
Initially from Odesa, Ukraine, Radvinsky moved to Chicago as a toddler and started working grownup streaming web sites in his teenage years, launching MyFreeCams in 2004.
Radvinsky purchased a 75% stake in Fenix Worldwide Restricted, the father or mother firm of OnlyFans, in 2018 and served as its director and majority shareholder. Along with OnlyFans, he invested in tech corporations through Leo, a enterprise capital fund that was established in 2009.
OnlyFans was based in 2016 by Tim Stokely and gained large recognition in the course of the COVID-19 pandemic. The platform enabled creators to monetize their work straight, attracting many employees within the grownup trade in search of a dependable supply of revenue. Thus far, OnlyFans has paid out over $25 billion to creators.
Radvinsky’s passing comes just a few months after the corporate was reportedly in negotiations to promote a 60% stake in OnlyFans, which might have valued the corporate at round $5.5 billion.
