Business at the adult content and porn site OnlyFans has boomed during the pandemic, making its majority owner a new billionaire – and raising fresh concerns about his past.
n October 2018, Florida-based internet porn baron Leonid Radvinsky, now 39, bought an estimated 75% of a growing but largely unheard-of business called OnlyFans. At the time, London-based OnlyFans was a fledgling video and social site that allowed adult performers to make money from the comfort of their own homes. “Content creators” – mostly porn stars — set up accounts via the company’s platform and charge a subscription fee to viewers that ranges from $4.99 to $49.
We do know that OnlyFans was founded in 2016 by a British entrepreneur named Timothy Stokely, now 37, alongside his retired banker father, Guy Stokely, and brother Thomas. In U.K. filings, Radvinsky and Guy Stokely are listed as the company’s sole directors. Timothy, Thomas, and Guy Stokely all declined to comment for this story.What little else is known about Radvinsky is not flattering.
It was a scummy business, but it was a profitable one. One of Radvinsky’s sites was bringing in revenues of $5,000 a day in 2002, or $1.8 million for the year. Radvinsky remained elusive during the nearly 20 years between the start of his sex link farm businesses and his purchase of 75% of OnlyFans. In the early 2000s, he created a handful of sites linking to celebrity sex tapes and MyFreeCams, a site that claims to be the world’s number one porn-via-webcam service. He has also occasionally popped up in lawsuits. In 2003 and 2004, Amazon and Microsoft sued Radvinsky in U.S.
I'm associate editor for Forbes, covering security, surveillance and privacy. I'm also the editor of The Wiretap newsletter, which has exclusive stories on real-worldI'm associate editor for Forbes, covering security, surveillance and privacy. I'm also the editor of The Wiretap newsletter, which has exclusive stories on real-world surveillance and all the biggest cybersecurity stories of the week. It goes out every Monday and you can sign up here: https://www.forbes.
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