Leonid Radvinsky, the billionaire proprietor of the grownup creator community OnlyFans, has handed away on the age of 43 after a battle with most cancers.
OnlyFans confirmed Radvinsky’s loss of life on Monday. The corporate stated it was “deeply saddened” by his passing, in response to a spokesperson, including that his household has requested privateness. Reuters first reported the information.
Initially from Odesa, Ukraine, Radvinsky moved to Chicago as a toddler and commenced operating grownup streaming web sites in his teenage years, launching MyFreeCams in 2004.
Radvinsky purchased a 75% stake in Fenix Worldwide Restricted, the guardian firm of OnlyFans, in 2018 and served as its director and majority shareholder. Along with OnlyFans, he invested in tech corporations through Leo, a enterprise capital fund that was established in 2009.
OnlyFans was based in 2016 by Tim Stokely and gained large recognition in the course of the COVID-19 pandemic. The platform enabled creators to monetize their work instantly, attracting many employees within the grownup business looking for a dependable supply of revenue. So far, OnlyFans has paid out over $25 billion to creators.
Radvinsky’s passing comes a number of months after the corporate was reportedly in negotiations to promote a 60% stake in OnlyFans, which might have valued the corporate at round $5.5 billion.
