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OnlyFans owner paid $700 million in dividends ahead of sale of brand
OnlyFans' growth fueled by 377.5 million paying users and 13% creator increase, resulting in $684 million profits and $701 million dividend for owner Leonid Radvinsky.
- In 2024, OnlyFans owner Leonid Radvinsky received dividend payments exceeding $700 million as the company considers a possible sale with a valuation near $8 billion.
- Radvinsky acquired OnlyFans from founders Tim and Guy Stokely in 2018, and rising user numbers and revenue growth have driven current sale discussions.
- OnlyFans expanded its global user base to 4.6 million creators and 377.5 million paying fans last year, with record user spending of $7.2 billion.
- The platform took a 20% commission while creators earned 80% of payments, and Keily Blair, CEO, stated the company grew revenue and expanded into new verticals in 2024.
- The sale could reshape the creator economy amid intense competition, as OnlyFans remains a highly profitable UK-based company with robust cash reserves and user demand.
18 Articles
18 Articles
The mysterious owner of the onlyfans platform has paid himself 652 million euros, while the platform with billions in revenue and only 46 employees is considering a sale.
PORTRAIT - He is the man behind the controversial platform of pornographic content, which he took control of in 2018. Yet, very little is known about this 43-year-old Ukraino-American billionaire, at the head of a fortune estimated at almost $4 billion.
If there's one company that's successfully erecting paywalls, it's OnlyFans. On that platform, content creators can…
OnlyFans paid dividends of 701 million dollars to its owner before a possible sale of the platform for adults in the British Sea, used by sex workers and celebrity to reach their audience,...
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