Leonid Radvinsky, the owner of OnlyFans, has died

Leonid RadvinskyThe billionaire owner of social media giant OnlyFans has died aged 43 after a battle with cancer.

OnlyFans confirmed Radvinsky’s death on Monday. The company said it was “deeply saddened” by his death, according to a spokesman, adding that his family had requested privacy. Reuters first he told a story.

Originally from Odesa, Ukraine, Radvinsky moved to Chicago as a child and began running major web sites as a teenager, starting MyFreeCams in 2004.

Radvinsky bought 75% of Fenix ​​International Limited, the parent company of OnlyFans, in 2018 and became a director and majority owner. In addition to OnlyFans, he has invested in technology companies through Leo, a venture capital fund founded in 2009.

OnlyFans was founded in 2016 by Tim Stokely and became very popular during the COVID-19 pandemic. The platform helped creators monetize their work directly, attracting many employees in large companies looking for a reliable way to earn money. To date, OnlyFans has paid all the fees $25 billion to the creators.

Radvinsky’s death comes months after the company’s demise he says In talks to sell 60% in OnlyFans, which would have valued the company at around $5.5 billion.