Leonid Radvinsky, the Ukrainian-American entrepreneur who founded and remains a principal owner of OnlyFans, received $701 million in dividends in 2024, bringing his total dividends from the platform to more than $1 billion since its launch.
OnlyFans reported revenue of $1.4 billion in 2024, a 9% increase from the prior year. The platform said it now hosts about 4.6 million creator accounts, up 13%, and roughly 377.5 million fan accounts, up 24%.
The subscription-based model has allowed creators to monetize paywalled content and build direct engagement with fans, contributing to sustained user and revenue growth.
Talks are underway about a potential sale of OnlyFans with a proposed valuation near $8 billion, led by Forest Road Company. Sources involved in discussions expect any acquisition to prioritize enhanced platform features, broader content offerings and strengthened compliance measures.
OnlyFans has faced public scrutiny and regulatory challenges, but its 2024 performance underscores ongoing demand for direct creator monetization. Radvinsky’s dividend haul and the prospective sale discussions highlight the platform’s growing influence in the creator economy and the evolving market for paid digital content.
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