
Adult content platform OnlyFans paid its owner Leonid Radvinsky a dividend of $338 million last year, The Guardian reports.
Divided by the number of working days in a year, that means the 41-year-old Radwinski earned $1.3 million every working day from 2022.
Instead, OnlyFans reported revenue of $403.7 million for the fiscal year ending Nov. 30, 2022, a 24% increase from the prior year, according to Bloomberg.
The information was detailed in financial documents released Thursday by Fenix International Limited, the parent company of OnlyFans.
Radvinskyi, a Ukrainian born in Odesa who immigrated to the US, bought the UK-based company in 2018 and is currently its sole owner. Before that, he had other businesses in the porn industry.
FenixInternational is still based in the UK and figures released on Thursday showed it has just 53 staff, down from 61 a year earlier.
With total revenue of $1.1 billion last year, that means the adult content platform earned more than $20 million for each of its employees.
OnlyFans claims to be a “marketplace” for content creators, charging 20% of their revenue and keeping the rest for themselves. In other words, in 2022, onlyFans paid out more than $5 billion in total.
Like other online businesses, OnlyFans has seen a sharp increase in revenue during the COVID-19 pandemic, with Radwinsky’s net worth currently estimated at $2.1 billion.
PHOTO Article: Dreamstime.com.
Source: Hot News

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