Waufukweni
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- May 16, 2024
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Leonid Radvinsky, the owner of adult‑content platform OnlyFans, has died of cancer at the age of 43, the company said in a statement on Monday.
"We are deeply saddened to announce the death of Leo Radvinsky. Leo passed away peacefully after a long battle with cancer," an OnlyFans spokesperson said. "His family have requested privacy at this difficult time."
Radvinsky, a Ukrainian-American entrepreneur, acquired Fenix International Limited, the parent company of OnlyFans, in 2018 and served as its director and majority shareholder.
The elusive businessman and computer programmer, who rarely gave public interviews, was also the founder of the adult cam site, MyFreeCams
He also ran Leo, a venture capital fund he founded in 2009 that focuses primarily on investments in technology companies.
OnlyFans, founded in 2016 by British entrepreneur Tim Stokely, surged in popularity during the COVID-19 pandemic as lockdowns drove creators and consumers online, turning the subscription-based platform into a mainstream source of income and entertainment globally.
Reuters reported in January that OnlyFans was exploring the sale of a majority stake to investment firm Architect Capital in a deal valuing the company at about $5.5 billion, including debt.
According to the Daily Telegraph, Radvinsky moved with his family to the United States when he was a child and they settled in Chicago,
The businessman studied economics at Northwestern University, near Chicago, Illinois, and graduated in 2002.
Prior to becoming the sole shareholder of OnlyFans' parent company, Fenix, he founded an adult website referral business called Cybertania.
Radvinsky, a Ukrainian-American entrepreneur, acquired Fenix International Limited, the parent company of OnlyFans, in 2018 and served as its director and majority shareholder.
The elusive businessman and computer programmer, who rarely gave public interviews, was also the founder of the adult cam site, MyFreeCams
He also ran Leo, a venture capital fund he founded in 2009 that focuses primarily on investments in technology companies.
Reuters reported in January that OnlyFans was exploring the sale of a majority stake to investment firm Architect Capital in a deal valuing the company at about $5.5 billion, including debt.
According to the Daily Telegraph, Radvinsky moved with his family to the United States when he was a child and they settled in Chicago,
The businessman studied economics at Northwestern University, near Chicago, Illinois, and graduated in 2002.
Prior to becoming the sole shareholder of OnlyFans' parent company, Fenix, he founded an adult website referral business called Cybertania.