Leonid Radvinsky, the Ukrainian-American entrepreneur behind OnlyFans, received $701 million in dividends in 2024, taking his total dividends from the company past $1 billion. The payout accompanies strong financial results for the platform.
OnlyFans reported $1.4 billion in revenue for 2024, a 9% increase year-over-year, and pre-tax profits of $683.6 million, up 4% from the prior year.
Creator accounts rose 13% to 4.6 million, while the number of fans increased 24% to 377.5 million worldwide, reflecting continued user growth and expanded monetization opportunities for creators.
The company is reportedly the target of an $8 billion acquisition by a consortium led by Forest Road Company, a move that investors view as a vote of confidence and that could support further expansion.
Under Radvinsky’s leadership, OnlyFans has reshaped digital content monetization, enabling creators across adult entertainment, fitness coaching and other fields to earn directly from followers. The 2024 results reinforce the platform’s market position and its potential to develop new products and services for creators and investors.
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