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Leonid Radvinsky, owner of OnlyFans, has died of cancer at 43.
Most posts will stop there. Here's what they won't tell you:
— He was worth $7.8B but almost nobody knew his face
— He bought OnlyFans in 2018 for a fraction of what it became
— He was pulling $472M in dividends per year by 2023
— He was mid-negotiation to sell 60% at a $5.5B valuation when he died
— He had already moved his entire ownership stake into a trust in 2024
— OnlyFans now has 377 million users and $1.4B in annual revenue
He built one of the most profitable internet businesses of the last decade. Almost completely in silence.
RIP.