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OnlyFans Pays Owner $701 Million Dividend as 2024 Filings Show Slower Growth and Sale Talks

Company filings show robust profits alongside surging users.

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Smash City, OFTV’s pickleball show, won best streamed reality series at the 14th Annual National Reality TV Awards at Porchester Hall in west London
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Overview

  • Regulatory filings confirm Leonid Radvinsky received $701 million in dividends over the past year, taking his pretax haul since 2018 to roughly $1.8 billion.
  • Fans spent $7.22 billion on the platform in fiscal 2024, with net revenue at $1.41 billion and pre-tax profit at $684 million as growth cooled from pandemic-era surges.
  • Creator accounts climbed 13% to 4.6 million and fan accounts rose 24% to 377.5 million for the year ended Nov. 30, 2024.
  • OnlyFans kept its 80/20 split, paying creators about $5.8 billion, while operating with a lean direct headcount of 46.
  • Fenix has held talks with a Forest Road–led consortium on a possible $7–8 billion sale, alongside pushes into non-explicit content and added trust-and-safety measures after a March Ofcom fine.