Leonid Radvinsky, the billionaire owner of OnlyFans, earned more than $1.2 million per day in 2023, largely driven by the platform's subscription and non-subscription-based revenue. Annual financial statements from Fenix International, OnlyFans' British parent company, revealed a $472 million dividend paid to Radvinsky, a significant rise from the $338 million dividend in 2022.
In 2023, OnlyFans processed $6.6 billion in transactions, with around 80% of that going to its creators. Revenues jumped to $1.3 billion from $1 billion in 2022, and profits surged 20% to $485.4 million. Non-subscription purchases, such as one-time video and picture buys, grew substantially to $765 million, while subscription revenue rose modestly to $540.8 million.
The number of OnlyFans subscribers increased by 28% to 305 million, and creators on the platform grew by 29% to 4.1 million. The United States contributed the largest share of the platform's revenue at $863 million, followed by Europe and other regions at $443.2 million.
Despite OnlyFans' growth, the company operates with just 42 full-time employees.
Radvinsky, a U.S. citizen born in Ukraine, acquired the site in 2018 and has taken $1 billion in dividends over the past three years. It will continue to grow year after year.
In 2023, OnlyFans processed $6.6 billion in transactions, with around 80% of that going to its creators. Revenues jumped to $1.3 billion from $1 billion in 2022, and profits surged 20% to $485.4 million. Non-subscription purchases, such as one-time video and picture buys, grew substantially to $765 million, while subscription revenue rose modestly to $540.8 million.
The number of OnlyFans subscribers increased by 28% to 305 million, and creators on the platform grew by 29% to 4.1 million. The United States contributed the largest share of the platform's revenue at $863 million, followed by Europe and other regions at $443.2 million.
Despite OnlyFans' growth, the company operates with just 42 full-time employees.
Radvinsky, a U.S. citizen born in Ukraine, acquired the site in 2018 and has taken $1 billion in dividends over the past three years. It will continue to grow year after year.
