Most of OnlyFans' profits has ended up in the owner's, Leonid Radvinsky's, pocket, per Bloomberg.
In May, The CEO of OnlyFans has described how the platform grew to over 3 million content creators after a huge 40% surge in 2022 alone. Ami Gan, who joined the company in 2020, started out as the chief marketing officer before becoming the CEO in late 2021.
During the Web Summit in Rio de Janeiro, OnlyFans CEO Ami Gan gave a statement regarding how they were a "global business" and had a presence in over 100 countries.
Ami Gan: "We've noticed a huge uptick in creators as well as fans joining the platform and we attribute that to OnlyFans is very much a global business, we're in over 100 countries,"
The CEO also commented on how Latin America became a huge part of the growth of their business and how it was an "opportunity for creators to get exposure to a global audience."
In 2021, OnlyFans had revenue of nearly $1 billion, with the platform making its owner, Leo Radvinsky, over $500 million since 2020. Radvinsky bought Fenix Internationa, its parent company, in 2018 for an undisclosed amount.
Tim Stokey, a British entrepreneur, founded the platform.
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