London Daily

Focus on the big picture.
Tuesday, Jul 08, 2025

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.

Newsletter

Related Articles

0:00
0:00
Close
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Weinstein Victim’s Lawyer Says MeToo Movement Still Strong
U.S. Enacts Sweeping Tax and Spending Legislation Amid Trade Policy Shifts
Football Mourns as Diogo Jota and Brother André Silva Laid to Rest in Portugal
Labour Expected to Withdraw Support for Special Needs Funding Model
Leaked Audio Reveals Tory Aide Defending DEI Record
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
London Stock Exchange Faces Historic Low in Initial Public Offerings
A new online platform has emerged in the United Kingdom, specifically targeting Muslim men seeking virgin brides
Trump Celebrates Independence Day with B-2 Flyover and Signs Controversial Legislation
Boris Johnson Urges Conservatives to Ignore Farage
SNP Ordered to Update Single-Sex Space Guidance Within Days
Starmer Set to Reject Calls for Wealth Taxes
Stolen Century-Old Rolls-Royce Recovered After Hotel Theft
Macron Presses Starmer to Recognise Palestinian State
Labour Delayed Palestine Action Ban Over Riot Concerns
Swinney’s Tax Comments ‘Offensive to Scots’, Say Tories
High Street Retailers to Enforce Bans on Serial Shoplifters
Music Banned by Henry VIII to Be Performed After 500 Years
Steve Coogan Says Working Class Is Being ‘Ethnically Cleansed’
Home Office Admits Uncertainty Over Visa Overstayer Numbers
JD Vance Questions Mandelson Over Reform Party’s Rising Popularity
Macron to Receive Windsor Carriage Ride in Royal Gesture
Labour Accused of ‘Hammering’ Scots During First Year in Power
BBC Head of Music Stood Down Amid Bob Vylan Controversy
Corbyn Eyes Hard-Left Challenge to Starmer’s Leadership
London Tube Trains Suspended After Major Fire Erupts Nearby
Richard Kemp: I Felt Safer in Israel Under Attack Than in the UK
Cyclist Says Police Cited Human Rights Act for Riding No-Handed
China’s Central Bank Consults European Peers on Low-Rate Strategies
AI Raises Alarms Over Long-Term Job Security
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Musk Battles to Protect Tesla Amid Trump Policy Threats
Air France-KLM Acquires Majority Stake in Scandinavian Airlines
UK Educators Sound Alarm on Declining Child Literacy
Shein Fined €40 Million in France Over Misleading Discounts
Brazil’s Lula Visits Kirchner During Argentina House Arrest
Trump Scores Legislative Win as House Passes Tax Reform Bill
Keir Starmer Faces Criticism After Rocky First Year in Power
DJI Launches Heavy-Duty Coaxial Quadcopter with 80 kg Lift Capacity
U.S. Senate Approves Major Legislation Dubbed the 'Big Beautiful Bill'
Largest Healthcare Fraud Takedown in U.S. History Announced by DOJ
Poland Implements Border Checks Amid Growing Migration Tensions
Political Dispute Escalates Between Trump and Musk
Emirates Airline Expands Market Share with New $20 Million Campaign
Amazon Reaches Milestone with Deployment of One Millionth Robot
US Senate Votes to Remove AI Regulation Moratorium from Domestic Policy Bill
Yulia Putintseva Calls for Spectator Ejection at Wimbledon Over Safety Concerns
Jury Deliberations in Diddy Trial Yield Partial Verdict in Serious Criminal Charges
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
×