Leonid Radvinsky, the Ukrainian-born American entrepreneur who has owned OnlyFans since 2018, passed away this Monday at the age of 43 following a battle with cancer, the platform has confirmed.
“It is with deep sadness that we announce the passing of Leo Radvinsky. Leo passed away peacefully after a long struggle with cancer,” a company spokesperson stated in a press release, adding that “his family requests privacy during this difficult time.”
In 2018, Radvinsky acquired a majority stake in Fenix ​​International—the firm that owns and operates the adult content streaming platform—from Guy and Tim Stokely, the brothers who founded OnlyFans in 2016.
According to sources familiar with the matter who spoke to Bloomberg, the Ukrainian-born entrepreneur had been exploring the sale of a 60% stake in the company, at a corporate valuation of approximately $5.5 billion (€4.75 billion). The San Francisco-based investment firm Architect Capital held discussions to lead a bid involving equity and approximately $2 billion (€1.728 billion) in debt, although these talks were still in their preliminary stages as of February.
Radvinsky’s net worth stood at approximately $4.7 billion (€4.062 billion) at the time of his death, according to estimates by Forbes magazine, which ranked him as the 869th wealthiest person in the world.
