We do know that OnlyFans was founded in 2016 by a British entrepreneur named Timothy Stokely, now 37, alongside his retired banker father, Guy Stokely, and brother Thomas. A representative for OnlyFans also declined to comment. Outside of these eye-popping financials, which were published in the U.K., little is known about Radvinsky, who didn’t respond to repeated requests for comment. Forbes estimates that Radvinsky’s stake in Fenix International – OnlyFans’ parent company - makes him a new billionaire, worth some $1.8 billion.
Profits after tax rose to $60 million from $6.6 million. The total number of paying fans rose more than 500% to 82 million. In the year through November 2020, OnlyFans posted revenues of $400 million, up 540% over the prior year, 80% of which came from American customers. The number of creators nearly quintupled to 1.6 million, including more mainstream stars like Cardi B, DJ Khaled, Fat Joe, and Rebecca Minkoff. With all film production – adult or otherwise – shuttered during the pandemic and millions of lonely people stuck at home, OnlyFans’ business has boomed. At the time, London-based OnlyFans was a fledgling video and social site that allowed adult performers to make money from the comfort of their own homes. “Content creators” – mostly porn stars - set up accounts via the company’s platform and charge a subscription fee to viewers (whom the company calls “fans”) that ranges from $4.99 to $49.99 a month -and the performers keep 80% of whatever they charge. In October 2018, Florida-based internet porn baron Leonid Radvinsky, now 39, bought an estimated 75% of a growing but largely unheard-of business called OnlyFans.
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