Tag: Onlyfans owner

Technology

Pornographic content pays- OnlyFans Owner Gets Over $500 Mn in Dividends

Social-media subscription service OnlyFans Ltd. said it paid its owner Leonid Radvinsky about $517 million in dividends since the end of 2020. Social-media subscription service OnlyFans Ltd. said it paid its owner Leonid Radvinsky about $517 million in dividends since the end of 2020, as profit soared thanks to users and creators flocking to the platform known for its pornographic content during the global pandemic. OnlyFans posted pretax profits of $433 million in the year ended Nov. 30, seven times more than it earned in the previous year, it said in its annual report Thursday. Radvinsky received $284 million in dividends for the period and an additional $233 million in 2022 through the end of August, the company said. ...