Fenix International, the London company behind OnlyFans, paid its owner more than $700 million in dividends in and after its most recent financial year, according to its annual accounts.
Leonid Radvinsky, who owned the business, received $535 million in dividends in the 2025 financial year and a further $174 million after the year end. He was paid $497 million the year before. The payments were first reported by the Financial Times.
The company made a pre-tax profit of $715 million last year, a 5 per cent increase on 2024. Revenue for the year to 30 November 2025 rose 10 per cent to close to $1.6 billion.
Radvinsky, a Ukrainian-American entrepreneur who acquired OnlyFans from its British founder in 2018, died of cancer in March at the age of 43. His wife, Yekaterina Chudnovsky, took control of the company after his death.
The dividends were paid against the backdrop of a sale process that has yet to deliver a full exit. In January, Radvinsky tried to sell 60 per cent of the business for $8 billion but did not find a buyer. He was in talks with Architect Capital, an American firm, over a deal valuing the company at $3.5 billion when he died. In May, Architect agreed instead to buy a 16 per cent stake in a deal valuing the business at $3.15 billion. The revised terms and lower valuation reflected the fact that Architect would no longer take control.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
