OnlyFans Owner Paid $701 Million in Dividends Amid Potential Sale

Leonid Radvinsky, owner of OnlyFans, received $701 million in dividends this year, bringing his total payouts from the company to more than $1 billion since the platform’s launch.

OnlyFans reported 2024 revenue of $1.4 billion, a 9% increase from the prior year, and pre-tax profit of $683.6 million, up 4%, reflecting continued profitability.

Creator accounts grew 13% to 4.6 million, while paying fan subscribers rose 24% to 377.5 million, underscoring ongoing user expansion.

The platform’s subscription model, which enables creators to monetize directly and generates revenue by taking a share of creators’ earnings, remains the engine of its financial results. The large dividend payout and strong financials have heightened interest in a potential multibillion-dollar sale, drawing attention from industry analysts.

OnlyFans’ 2024 performance cements its position as a major player in direct-to-consumer subscription content and positions the company for further growth and strategic options.

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