Leonid Radvinsky, owner of the platform OnlyFans, has died at the age of 43

Leonid Radvinsky, the billionaire proprietor of the big contented level OnlyFans, has died astatine the property of 43.

“With heavy sorrow, we denote the passing of Leo Radvinsky. He near peacefully aft a agelong conflict with cancer,” the institution said successful a statement, portion his household requested privateness during this hard time.

According to Bloomberg, Radvinsky acquired a bulk involvement successful the level successful 2018 and helped alteration it into 1 of the astir influential integer concern models successful the big contented industry, allowing creators to complaint users straight for entree to their material.

His decease raises questions astir the aboriginal ownership of the platform, which is 1 of the astir arguable user-driven contented services since the emergence of Facebook. OnlyFans was founded successful 2016 by British entrepreneur Guy Stokely and his lad Tim Stokely, gaining wide popularity owed to hosting big contented that is not allowed connected different societal networks.

The level saw important maturation during the pandemic. Recently, Radvinsky had been successful negotiations to merchantability a 60% involvement successful the company, successful a woody that valued the level astatine astir $5.5 billion.

According to reports, a San Francisco-based concern steadfast had begun talks to pb an connection combining equity and astir $2 cardinal successful debt. By February, discussions were inactive successful the aboriginal stages.