OnlyFans Owner Receives $701m in Dividends
The owner of OnlyFans, a streaming platform known for subscription-based adult content, was paid $701m in dividends last year.
Leonid Radvinsky, the Ukrainian-American entrepreneur behind the platform, has received over $1bn in dividends from the business.
- OnlyFans paid $497m in dividends to its parent company, Fenix International, in 2024.
- A further $204m was paid to Radvinsky in five tranches between December and April.
The payment positions the company for a potential multibillion-dollar sale.
OnlyFans reported $1.4bn in revenue, with rising usage, as it connects porn stars and celebrities directly with their audiences.
Author's summary: OnlyFans owner paid $701m in dividends ahead of potential sale.
Financial Highlights
- Revenue: $1.4bn
- Dividends paid: $701m
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