$700million paid in dividends to OnlyFans owner in 2024

• OnlyFans founder Leonid Radvinsky received over $700million in dividends in 2024, as the company exmplres a potential sale of $8 billion.
• The online platform, managed by London-based Fenix International Ltd., reported a 9 per cent increase in revenues, reaching $1.41 billion for the year ending November 30, 2024.
• OnlyFans generated approximately $7.2billion from subscribers, distributing $5.8 billion to its content creators, who earn 80 per cent of all fan payments.
• The platform experienced significant growth, with creator accounts expanding by 13 per cent to 4.6 million and paying users globally reaching 377.5 million.
• Headquartered and taxed in the UK, OnlyFans attributes its substantial growth and profitability to an increase in platform users and higher earnings for existing creators, with its CEO noting expansion into new content verticals.

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OnlyFans owner paid $700 million in dividends ahead of sale of brand