Leonid Radvinsky, owner of the adult platform OnlyFans, has died. He was 43 years old and had to surrender to the cancer he fought against for a long time. “We are deeply saddened to announce the death of Leo who passed away peacefully after a long battle with cancer,” said a spokesperson for OnlyFans. “His family has asked for respect for their privacy at this difficult time.”
In 2018, Radvinsky, a Ukrainian-American entrepreneur acquired Fenix International Limited, the parent company of OnlyFans, assuming the position of director and majority shareholder.
He also ran Leo, a venture capital fund he founded in 2009, primarily focused on investments in technology companies. OnlyFans, founded in 2016 by British entrepreneur Tim Stokely, has seen a surge in popularity during the COVID-19 pandemic, as lockdowns pushed creators and consumers of erotic content online, turning the paid platform into a major source of income and entertainment globally.
According to Reuters, the company is now valued at around $5.5 billion.