Leonid Radvinsky, the Ukrainian-American entrepreneur behind OnlyFans, received $701 million in dividends in 2024, bringing his total earnings from the platform to more than $1 billion. OnlyFans reported $1.4 billion in revenue for 2024, a 9% increase from the previous year.
The platform’s creator community expanded 13% to 4.6 million accounts, while registered users grew 24% to 377.5 million. Growth spans industries including entertainment, fitness, education and adult content.
Radvinsky has overseen the company amid evolving regulatory and market challenges. OnlyFans is reportedly set to be acquired for about $8 billion by a consortium led by Forest Road Company, a deal that could support further investment in services, technology and international expansion.
The company’s performance underscores the growing market for direct creator-to-fan monetization and continues to attract attention from creators and investors in the digital content economy.
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