With the rise of the internet and the creation of social media, many platforms have emerged in the virtual world.
These platforms are full of users who love to generate content and showcase what they do in their lives.
Some of these users have thousands or even millions of followers, allowing them to essentially make a living from posting photos and videos online.
Among the many social media platforms, only a few stand out and attract the most users, such as Instagram and X.
However, there is another platform experiencing unstoppable growth despite its controversial content – OnlyFans.
This social network allows people who register as content creators to upload photos and videos of a fully explicit sexual nature.
In turn, they build a community where users must pay a subscription to access the content.
Leonid Radvinsky bought OnlyFans in 2018
OnlyFans has faced significant controversy, but it has managed to thrive. Naturally, all those subscriptions generate tremendous economic benefits.
A large portion of that money flows into the pockets of its owner, Ukrainian-born Leonid Radvinsky, who bought the company in 2018 when it was far smaller than it is today.
Financial records show that the parent company of OnlyFans, Fenix International, paid Radvinsky a dividend of $472 million in 2023, in addition to another dividend of $338 million that same year.
According to data, he earns approximately $1.2 million per day from the platform.
Over the past few years, records indicate that Radvinsky has received a staggering $1 billion in dividends, and Forbes estimates his net worth at $3.8 billion.
This immense fortune is largely due to the revenue generated by OnlyFans.
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