Overview

• Leo Radvinsky, founder and sole owner of London-based Fenix International, transformed OnlyFans into a subscription platform with over 300 million users.
• British corporate filings show Radvinsky collected nearly $1.3 billion in dividends from OnlyFans between 2019 and early 2024, underpinning his $4 billion net worth.
• Negotiations with the Forest Road Company for an $8 billion sale have lost momentum, leading Radvinsky to engage additional suitors.
• OnlyFans operates on an 80/20 revenue split that makes it exceptionally profitable yet controversial due to its focus on explicit user-generated content.
• Under CEO Keily Blair, the company is expanding into comedy, sports and music offerings to diversify its model and address buyer and regulatory concerns.