OnlyFans Ltd. paid proprietor Leonid Radvinsky $472 million in dividends final fiscal yr, bringing his takings from the positioning to greater than $1 billion in three years.
Radvinsky made $338 million in 2022 and $284 million the yr earlier than that, in keeping with UK monetary filings. The 42-year-old US citizen is the only real proprietor of OnlyFans’ holding firm, Fenix Worldwide Ltd.
The London-based firm, which skyrocketed in reputation throughout Covid-19 lockdowns and has a popularity for internet hosting pornographic and grownup content material forbidden on most different social networks, has been build up its steady of comedians, cooks, private trainers and different varieties of creators to widen its person base.
OnlyFans posted a revenue of about $485.5 million within the yr ending Nov. 30 2023, up 20% from the earlier yr, Fenix Worldwide stated in a report revealed on Friday.
“We have cemented our place as a leading digital entertainment company and a UK tech success story,” Chief Government Officer Keily Blair stated within the assertion. “We have done this by continuing to provide opportunities for our diverse creator community to monetize their content and grow their global fan base.”
Income additionally rose about 20% from a yr earlier to $1.3 billion, in keeping with the report. The platform’s whole variety of creators rose 29% to 4.1 million and customers rose 28% to 305 million.
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