en.wikipedia.org/wiki/Leonid_Radvinsky
2 corrections found
OnlyFans had annual revenues in excess of $6.6 billion as of November 2023, with revenues growing 19% per year.
This mixes up two different metrics. Public accounts reported about $1.3 billion in revenue for the year ended November 30, 2023; the roughly $6.6 billion figure was user spending/gross payments on the platform, not OnlyFans' revenue.
Full reasoning
The sentence conflates OnlyFans' revenue with gross payments/user spending on the platform.
According to reporting based on Fenix International's filed 2023 accounts, OnlyFans "posted revenues of $1.3bn in the year to 30 November 2023, an increase of 20% on the previous year". The same report separately states that "Users spent a record $6.6bn on OnlyFans last year."
So the article's claim is incorrect in two ways:
- $6.6 billion was not revenue; it was the amount users spent through the platform.
- Revenue growth was not 19% in that report; revenue was reported as 20% growth.
In other words, the sentence appears to have swapped in the platform's gross payment volume for its actual revenue figure.
2 sources
- OnlyFans owner paid £359m dividend as company's revenues grow 20% in a year | The Guardian
OnlyFans ... posted revenues of $1.3bn in the year to 30 November 2023, an increase of 20% on the previous year ... Users spent a record $6.6bn on OnlyFans last year.
- FENIX INTERNATIONAL LIMITED filing history - GOV.UK
The Companies House filing history for Fenix International lists the relevant 2023 accounts: '05 Sep 2024 AA Group of companies' accounts made up to 30 November 2023'.
Radvinsky was paid $701 million by OnlyFans in 2024.
The $701 million figure was not all paid in 2024. Public accounts reported $497 million in 2024 dividends, plus another $204 million paid later in five tranches from December to April.
Full reasoning
Public reporting on Fenix International's 2024 accounts breaks the $701 million total into two parts:
- $497 million in dividends in 2024, and
- a further $204 million paid afterward in five tranches from December to April.
So saying that Radvinsky "was paid $701 million ... in 2024" is inaccurate. The full $701 million total includes payments made after 2024, not just within 2024 itself.
This is a timing error, not just a wording nuance: the public accounts specifically distinguish the 2024 dividend from the additional post-reporting-date payments.
2 sources
- OnlyFans owner paid $701m in dividends as platform readies for potential sale | The Guardian
OnlyFans accounts show it paid $497m in dividends to its parent, Fenix International, which is owned by Radvinsky, in 2024 ... The business paid a further $204m to its owner in five tranches over the course of December to April.
- FENIX INTERNATIONAL LIMITED filing history - GOV.UK
The Companies House filing history lists the 2024 accounts filed on 27 Aug 2025: 'AA Group of companies' accounts made up to 30 November 2024'.