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Leonid Radvinsky, the owner of OnlyFans, has passed away

Lauren Forristal
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⚡ Quantum Brief
Leonid Radvinsky, the billionaire owner of OnlyFans, died at 43 after a battle with cancer, the company confirmed on March 23, 2026. His family requested privacy following the announcement. Radvinsky acquired a 75% stake in OnlyFans’ parent company, Fenix International, in 2018, becoming its majority shareholder and director. The platform, founded in 2016, surged in popularity during the pandemic, paying over $25 billion to creators. Originally from Odesa, Ukraine, Radvinsky moved to Chicago as a child and launched adult streaming site MyFreeCams in 2004. He later expanded into tech investments through his VC fund, Leo, established in 2009. His death follows reports that OnlyFans was negotiating a $5.5 billion deal to sell a 60% stake, potentially reshaping the company’s future ownership and valuation. OnlyFans expressed deep sadness over his passing, marking the end of an era for the creator economy platform under his leadership.
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In Brief Posted: 9:32 AM PDT · March 23, 2026 Image Credits:leoradvinsky.com Lauren Forristal Leonid Radvinsky, the owner of OnlyFans, has passed away Leonid Radvinsky, the billionaire owner of the adult creator network OnlyFans, has passed away at the age of 43 after a battle with cancer. OnlyFans confirmed Radvinsky’s death on Monday. The company said it was “deeply saddened” by his passing, according to a spokesperson, adding that his family has requested privacy. Reuters first reported the news. Originally from Odesa, Ukraine, Radvinsky moved to Chicago as a child and began running adult streaming websites in his teenage years, launching MyFreeCams in 2004. Radvinsky bought a 75% stake in Fenix International Limited, the parent company of OnlyFans, in 2018 and served as its director and majority shareholder. In addition to OnlyFans, he invested in tech companies via Leo, a venture capital fund that was established in 2009. 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. Radvinsky’s passing comes a few months after the company was reportedly in negotiations to sell a 60% stake in OnlyFans, which would have valued the company at around $5.5 billion. Topics Apps, In Brief, Media & Entertainment, onlyfans June 9 Boston, MA Actively scaling? Fundraising? Planning your next launch?TechCrunch Founder Summit 2026 delivers tactical playbooks and direct access to 1,000+ founders and investors who are building, backing, and closing. REGISTER NOW Newsletters See More Subscribe for the industry’s biggest tech news TechCrunch Daily News Every weekday and Sunday, you can get the best of TechCrunch’s coverage. TechCrunch Mobility TechCrunch Mobility is your destination for transportation news and insight.

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