OnlyFans shocked the world with an $8 billion valuation sale! Behind-the-scenes boss Radvinsky made $1 billion through dividends.

The adult content platform OnlyFans is rumored to be sold with an estimated valuation of 8 billion USD. The behind-the-scenes big boss Leonid Radvinsky has been known for his low profile, never appearing in front of the camera. However, because he holds OnlyFans, he not only received 1 billion USD in dividends but also rose to become an invisible giant on the global billionaire list, becoming the center of public attention.

OnlyFans is being sold for an estimated $8 billion, with the behind-the-scenes owner valued at $3.8 billion.

According to reports, many consortiums are quite interested in OnlyFans, which is expected to be sold at a valuation of $8 billion. Currently, investment firms like Forest Road Co. in Los Angeles are evaluating bids. Leonid Radvinsky, the 40-something owner of OnlyFans, purchased the majority stake in OnlyFans from its founders Guy and Tim Stokely in 2018.

According to Bloomberg's billionaire rankings, Radvinsky has earned over $1 billion in dividends from OnlyFans, with a current net worth of $3.8 billion. If OnlyFans is successfully sold, his net worth could potentially surpass $5 billion in one go. He has stated:

My goal is to be able to sign the Giving Pledge one day!

It indicates the intention to donate most of the wealth for public welfare purposes.

The pandemic boosted its popularity, with OnlyFans annual revenue surpassing 1.3 billion dollars.

During the Covid-19 pandemic, many creators turned to online platforms to make money, which made OnlyFans rise to fame. As of the end of 2023:

OnlyFans has over 4.12 million creators.

Over 300 million user accounts

Annual revenue reached 1.3 billion USD

There are only about 40 formal employees, and hundreds of outsourced content reviewers are also hired to handle issues regarding whether the content on the platform is compliant and safe.

Radvinsky has always been low-key and never gives interviews.

Despite his vast wealth, Radvinsky remains low-key. There is almost no record of interviews with him, and he has never publicly participated in major media events. According to his personal website, he describes himself as a software architect, angel investor, and open-source software supporter.

and is committed to "creating tools that allow everyone to have a digital identity."

The content scale and platform security increase the difficulty of the OnlyFans acquisition.

Although OnlyFans has a strong revenue, it has also faced a lot of controversy, especially related to adult content. Some potential buyers still have doubts about OnlyFans' content moderation mechanism and platform security. However, OnlyFans stressed that it has hired a professional team to review all uploaded content, and also supports the government to strengthen legislation and supervision of online platforms.

This article reports that OnlyFans is rumored to be sold for an estimated valuation of $8 billion! The behind-the-scenes owner Radvinsky has made $1 billion through dividends. It first appeared in Chain News ABMedia.