PANews reported on March 23 that Leonid Radvinsky, the de facto controller of OnlyFans and owner of adult content platform Fenix ​​International Ltd., has passed away from cancer at the age of 43. Since acquiring a controlling stake in OnlyFans in 2018, Radvinsky has transformed it into a platform where creators can charge users directly. Currently, the platform takes approximately 20% commission on subscriptions and content, and in 2024, it boasted approximately 4.6 million creator accounts and 377 million users, generating $1.4 billion in revenue. Since 2021, he has received approximately $1.8 billion in dividends from OnlyFans and will transfer his shares to a trust in 2024. At the time of his death, OnlyFans was in talks with Architect Capital to sell approximately 60% of its stake, valuing the platform at approximately $5.5 billion.