Leonid Radvinsky received a $701 million dividend from OnlyFans in 2024, bringing his cumulative dividends from the platform to more than $1.7 billion. OnlyFans reported total revenue of $1.4 billion for 2024.
Creator accounts rose 13% to 4.6 million, while fan accounts increased 24% to 377.5 million, reflecting rising engagement and demand for paid exclusive content.
The platform’s direct-to-consumer subscription model enables creators to monetize content without relying on traditional advertising, a factor that has supported rapid monetization and growth.
Strong financial results and user growth have attracted investor interest, including discussions about a potential $8 billion sale, signaling confidence in OnlyFans’ scalability despite competition.
OnlyFans faces regulatory scrutiny and competitive pressures as it expands; a sale or new investment could bring strategic changes aimed at sustaining its market position.
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