Onlyfans' Ukrainian-born owner Radvinsky reaps 1bn from adult content platform
Briefly

OnlyFans has made enormous strides in establishing its platform, announcing substantial dividends and increased revenue, indicative of its successful business model, which supports diverse creators.
Leonid Radvinsky, the sole shareholder of Fenix International, has reaped $1.3 billion in dividends since 2020, demonstrating the platform's rich financial returns driven by user engagement.
CEO Keily Blair claims 2023 was a strong year for OnlyFans, highlighting its role as a leading digital entertainment company that empowers creators to monetize their content.
With 300 million users generating $6.6 billion in spending, OnlyFans' growth reflects a booming creator economy, where 80% of revenue is returned to active content creators.
Read at Business Matters
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