Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

OnlyFans for Sale: From Lockdown Lifeline to Eight-Billion-Dollar Empire

OnlyFans, originally launched as a video platform for musicians and comedians, has turned into one of the most profitable adult content sites in the world—with over three hundred million users and billions in revenue. Now, its reclusive Jewish owner, Leonid Radvinsky, is reportedly looking to sell it—for a staggering eight billion dollars.

Headquartered in London with just fifty employees, OnlyFans takes twenty percent of its creators’ earnings from paid subscriptions. It gained massive traction during the COVID-19 pandemic, when both demand and supply of adult content soared as entertainers and sex workers turned to online platforms. The business model offers direct relationships between creators and fans, no middlemen, and no physical risk.

The company handed out five-point-three billion dollars to creators in 2023. That year, three hundred million users paid six-point-six billion dollars across over four million creator channels. Celebrities like Iggy Azalea, Bhad Bhabie, Tana Mongeau, and Lily Allen have all made significant earnings, with Allen famously charging ten dollars per month for photos of her feet. Snoop Dogg reportedly turned down a one-hundred-million-dollar offer to join.

Despite its success, OnlyFans has faced criticism for its adult content and business model. Critics say it still reinforces gendered power dynamics in the sex industry, and most of the platform’s revenue goes to a small elite of creators—ten percent of content creators account for seventy-three percent of profits.

Leonid Radvinsky, born in Odessa and raised in Chicago, bought seventy-five percent of the company in 2018 from founder Tim Stokely. A tech investor and entrepreneur since college, Radvinsky keeps a low profile but has donated millions to causes including Ukraine and AIPAC.

Despite the platform’s massive profits—nearly five hundred million dollars last year—selling it hasn’t been easy. A previous deal fell through due to backlash over a planned adult content ban. The site's nature has also scared off institutional investors, especially pension funds.

Still, OnlyFans remains highly attractive to buyers. It’s lean, avoids app store fees, and even pays lower credit card fees than most adult platforms. And unlike AI-generated content flooding the industry, OnlyFans thrives on real people and real connections.

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
House Republicans Move to Defund OECD Over Global Tax Dispute
France Opens Criminal Investigation into X Over Algorithm Manipulation Allegations
Trump Steamrolls EU in Landmark Trade Win: US–EU Trade Deal Imposes 15% Tariff on European Imports
ChatGPT CEO Sam Altman says people share personal info with ChatGPT but don’t know chats can be used as court evidence in legal cases.
Intel Reports Revenue Beats but Sees 81% Rise in Losses
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
UN's Top Court Declares Environmental Protection a Legal Obligation Under International Law
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
The Podcaster Who Accidentally Revealed He Earns Over $10 Million a Year
UK Government Considers Dropping Demand for Apple Encryption Backdoor
Japanese Man Discovers Family Connection Through DNA Testing After Decades of Separation
Russia Signals Openness to Ukraine Peace Talks Amid Escalating Drone Warfare
Switzerland Implements Ban on Mammography Screening
Pogacar Extends Dominance with Stage Fifteen Triumph at Tour de France
President Trump Diagnosed with Chronic Venous Insufficiency After Leg Swelling
CEO Resigns Amid Controversy Over Relationship with HR Executive
NVIDIA Achieves $4 Trillion Valuation Amid AI Demand
Tulsi Gabbard Unveils Evidence Alleging Political Manipulation of Intelligence During Trump Administration
Centrist Criticism of von der Leyen Resurfaces as she Survives EU Confidence Vote
Trump Announces Coca-Cola to Shift to Cane Sugar in U.S. Production
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
Zelensky Reshuffles Cabinet to Win Support at Home and in Washington
"Can You Hit Moscow?" Trump Asked Zelensky To Make Putin "Feel The Pain"
Church of England Removes 1991 Sexuality Guidelines from Clergy Selection
Superman Franchise Achieves Success with Latest Release
Hungary's Viktor Orban Rejects Agreements on Illegal Migration
Air India Pilot’s Mental Health Records Under Scrutiny
Jamie Dimon Warns Europe Is Losing Global Competitiveness and Flags Market Complacency
Moonshot AI Unveils Kimi K2: A New Open-Source AI Model
Martha Wells Says Humanity Still Far from True Artificial Intelligence
Nvidia Becomes World’s First Four‑Trillion‑Dollar Company Amid AI Boom
EU Delays Retaliatory Tariffs Amid New U.S. Threats on Imports
Trump Proposes Supplying Arms to Ukraine Through NATO Allies
US Opens First Rare Earth Mine in Over 70 Years in Wyoming
Bitcoin Reaches New Milestone of $116,000
Severe Heatwave Claims 2,300 Lives Across Europe
Declining Beer Consumption Signals Cultural Shift in Germany
Emails Leaked: How Passenger Luggage Became a Side Income for Airport Workers
Polish MEP: “Dear Leftists - China is laughing at you, Russia is laughing, India is laughing”
Western Europe Records Hottest June on Record
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
China’s Central Bank Consults European Peers on Low-Rate Strategies
France Requests Airlines to Cut Flights at Paris Airports Amid Planned Air Traffic Controller Strike
Poland Implements Border Checks Amid Growing Migration Tensions
Emirates Airline Expands Market Share with New $20 Million Campaign
Amazon Reaches Milestone with Deployment of One Millionth Robot
Yulia Putintseva Calls for Spectator Ejection at Wimbledon Over Safety Concerns
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
×