bbcsociety6 months ago the story broke that the owner of OF is looking to sell the company and run. Rumor behind the scenes is, later this year OF will have new owners. And possibly a new direction.
The reclusive billionaire who built OnlyFans into one of the most lucrative and controversial subscription platforms on the internet is reportedly in talks with a buyer to sell his company for $8 billion — despite lingering concerns about pornographic content on the site.
Leo Radvinsky, the sole owner of OnlyFans’ London-based parent company Fenix International, was recently engaged in talks with an investor group led by the Forest Road Company, a Los Angeles-based investment firm, about a possible sale.
But the status of those talks is unclear and it appears that Radvinsky has engaged another unnamed entity that is considered a more promising bidder, according to the Wall Street Journal.
Last month, The Post reported that Radvinsky quietly put OnlyFans up for sale but that it was struggling to find a buyer due to its risqué business model. News that Radvinsky is shopping OnlyFans comes after it was revealed that he collected nearly $1.3 billion in dividends between 2019 and early 2024, according to British corporate filings.
Still, the mogul’s ambition appears far from fulfilled. People familiar with the matter told the Journal that Radvinsky has recently engaged banks and suitors, sounding out a sale of OnlyFans for as much as $8 billion.
Developing…