NEW YORK — OnlyFans owner Leo Radvinsky has for the first time landed a spot on Forbes magazine’s annual list of the 400 wealthiest Americans.
The 42-year-old Florida-based premium social media mogul and adult industry veteran was first listed as a billionaire by Forbes in 2022.
OnlyFans’ immense popularity “has unleashed a massive payday for Radvinsky,” the wealth news publication declared, noting that the Fenix International and MyFreeCams owner “made headlines last month after paying himself a whopping $472 million dividend last year, the equivalent of about $1.2 million a day.”
According to Forbes, Radvinsky “siphoned more than $1 billion in cash from the business since 2021, according to the company’s financial statements. Thanks to these hefty dividend payments and the ballooning value of the overall business — now valued by Forbes at nearly $3 billion — Radvinsky debuts on The Forbes 400 list of the richest Americans this year with an estimated net worth of $3.8 billion.”
Since 2022, Forbes added, Radvinsky’s fortune has nearly tripled.
As XBIZ reported last month, OnlyFans disclosed its financial records for the fiscal year ending Nov. 30, 2023, as part of a Fenix International U.K. regulatory filing. According to the filing, gross payments made through the platform rose from $5.55 billion in 2022 to $6.63 billion in 2023, a 19% increase.
Based on those figures, Variety reported at the time that OnlyFans creators earned total payouts of $5.32 billion in 2023, or a mean average of nearly $1,300 per creator.