Porn visionary: Majority OnlyFans owner Leonid Radvinsky makes an impressive salary in a day and month. What is his net worth today?
Launched in 2016, OnlyFans is a subscription-based social media platform where users can sell and/or purchase original content.
The platform wasn’t specifically built to share NSFW content, due to the limited restrictions on what content can be posted, it quickly became a hub for adult content, including porn.
As an adult site, users posts NSFW videos and photos to their accounts, which are protected by a paywall.
A growing number of celebrities have since joined, oftentimes tapping into their existing fanbases to pull in big earnings. From former Housewives including Dorinda Medley and Sonja Morgan, to Shanna Moakler and Jordyn Woods, stars from across industries have dabbled on the adult-only site.
Ukrainian-American businessman Leonid Radvinsky bought 75% stake in the platforms parent company Fenix International Ltd. from its British founder Tim Stokely in 2018 and became the marjority owner.
Radvinsky raked in over $338 million in dividends last year, according to new financial filings. But how much is his net worth and salary? Read on for more.
Profile Summary
| Celebrated Name: | Leo Radvinsky |
| Net Worth: | $2.1 billion |
| Salary: | $1.3 million a day in 2022 |
| Source of Wealth: | E-commerce, Self Made |
| Profession: | Businessman |
| Known For: | Majority owner of OnlyFans |
| Full Real Name: | Leonid Radvinsky |
| Date of Birth: | May 1982 (age 41 years) |
| Birthplace: | Odesa, Ukraine |
| Residence: | Florida |
| Nationality: | United States |
| Marital Status: | Married |
| Education: | Bachelor of Arts/Economics, Northwestern University |
What is Leonid Radvinsky’s net worth?
Per Forbes, Leonid Radvinsky is a billionaire and has an estimated current personal net worth of $2.1 billion. He accrued his fortune for his works as a businessman, pornographer and computer programmer having founded several adult platforms and being the majority owner of OnlyFans, the U.K.-based video and social site popular with online creators.
Born in Ukraine, he founded a porn website referral business called Cybertania while he was a student at Northwestern University.
He is the founder of the cam site MyFreeCams (through his holding company, Mfcxy, Inc.).
He began his tech career in 1999 and started working with incorporate Cybertania Inc. when Radvinsky was 17 years old before he graduated university.
During the late 1990s and early 2000s, Radvinsky developed more than ten websites such as Password Universe, Working Passes and Ultra Passwords that claimed and were advertised to provide users with “illegal” and “hacked” passwords to porn sites, where he earned money for every click.
In 2019, he founded a venture capital fund called “Leo” which invests mainly in tech companies. Notable investments include Israel-based B4X and software creator, Pleroma.
The Northwestern University alum, 41, purchased OnlyFans from the site’s founders, father and son Guy and Tim Stokely, who founded it in 2016, according to BBC.
Now, he is the majority owner of content subscription service OnlyFans.
OnlyFans had a strong year overall in 2022, based on figures reported in the financial statements filed by the adult-content platform’s parent company, U.K.-based Fenix International Ltd, sighted by PEOPLE. The company’s revenue soared to $1.09 billion, up from $932 million in 2021, while its pre-tax profits increased by 22% to $525 million, up from $432 million in 2021.
Gross payments made on the platform hit $5.6 billion, and the total number of creators sharing content on the site grew by 47%.
In 2022, users spent a record $4.8 billion on the platform.
He is also known for his philanthropic works. He donated $5 million to Ukraine relief in 2022 as well a cancer charity, an animal-welfare organization, and a skin-disorder-research fund.
In May 2021, The Guardian described him as a “US-based online pornography veteran who largely chooses to avoid the media.”
What is Leonid Radvinsky’s salary?
The owner of OnlyFans took home a hefty paycheck last year.
Leonid Radvinsky received more than $338 million in 2022 in dividends, according to financial statements filed by the adult-content platform’s parent company, U.K.-based Fenix International Ltd.
Radvinsky’s nine-figure bonus equates to roughly $1.3 million for each of the 260 working days in 2022. Those payments were supplementary to his salary, which was not listed in the filings.
Who are some top OnlyFans earners?
Among the platform’s top performers are Blac Chyna and Bella Thorne, who boast 12 million and 1.1 million subscribers, respectively, according to the New York Post.
Chyna, whose legal name is Angela White, told Tamron Hall in March that she’s no longer using OnlyFans, despite her lucrative three-year run on the platform.
She explained that she’s been scaling back on things “I didn’t want to do anymore,” OnlyFans included.
“I just never was vocal about it,” she said of certain commitments, including the platform, that she has been “quietly pulling out” of lately.
At the time of her joining OnlyFans, her lawyer said in a statement to PEOPLE that she “receives no child support from either Rob Kardashian or Tyga for her two beautiful children, Dream Kardashian and King Cairo Stevenson,” and that the site was an opportunity to “connect more directly and creatively with her fans.”
Thorne, meanwhile, has made her own splash on the site. The actress earned an impressive $1 million in just 24 hours after joining OnlyFans — and $2 million after two weeks — but her sizable earnings ended up causing some backlash. She was accused of disrupting a market in which everyday, non-celebrity content creators are trying to eke out a living
The site has since capped the tips that viewers can send creators, and imposed limits on what creators can charge on pay-per-view posts, leaving many creators frustrated.
Thorne apologized in a series of posts on X (formerly known as Twitter), and said she was trying to use her platform to help “others and advocate for something bigger.”