News Summary

• Leonid Radvinsky, the billionaire owner of the adult creator network OnlyFans, has passed away at the age of 43 after a battle with cancer.
• The company said it was “deeply saddened” by his passing, adding that his family has requested privacy.
• OnlyFans was founded in 2016 by Tim Stokely and gained massive popularity during the COVID-19 pandemic.
• The platform enabled creators to monetize their work directly, attracting many workers in the adult industry seeking a reliable source of income.
• To date, OnlyFans has paid out over $25 billion to creators.