Leonid Radvinsky, who was the owner of subscription-based website OnlyFans, has died aged 43 after being diagnosed with cancer.
The Ukrainian-American entrepreneur is credited helping turn the controversial platform into cultural phenomenon and changing the face of the porn industry after the website got a huge boost during lockdown.
In a statement shared with the Financial Times, the company said: ‘We are deeply saddened to announce the death of Leo Radvinsky. Leo passed away peacefully after a long battle with cancer. His family have requested privacy at this difficult time.’
He has owned the company since 2018 after buying a majority stake in Fenix International Ltd, OnlyFans’ owner, from its original founders.
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.
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