In 2022, Leonid Radvinsky, a Ukrainian-American businessman and owner of OnlyFans, received an impressive salary. Financial statements filed by the platform’s parent company, Fenix International Ltd., revealed that Radvinsky earned over $338 million in dividends during the year. This equates to approximately $1.3 million for each of the 260 working days in 2022, making it a significant bonus on top of his undisclosed salary.
OnlyFans had a successful year overall, as indicated by the figures reported in the financial statements. The company’s revenue surged to $1.09 billion, up from $932 million in 2021. Similarly, pre-tax profits saw an increase of 22% to reach $525 million compared to $432 million in the previous year. Furthermore, gross payments made on the platform totaled $5.6 billion, and there was a noteworthy growth of 47% in the number of creators sharing content.
According to BBC reports, Radvinsky acquired OnlyFans from its founders Guy and Tim Stokely. As a result of his substantial earnings in 2022, Radvinsky’s personal net worth is now estimated at around $2.1 billion by Forbes.
Since its launch in 2016, OnlyFans has emerged as a prominent platform for sharing adult content. Although it wasn’t originally intended for this purpose, the flexibility in posting restrictions has attracted a wide array of NSFW content creators, including those from the world of pornography.
In addition to individuals, an increasing number of celebrities have recognized the earning potential on OnlyFans. Leveraging their existing fan bases, figures such as Dorinda Medley and Sonja Morgan from Real Housewives fame, along with Shanna Moakler and Jordyn Woods from various industries, have ventured into this exclusive platform.