OnlyFans earned its owner $472 million last year as profits soared

Forbes estimates Radvinsky’s net worth at $3 billion. As of 2020, he has earned an estimated $1.3 billion from OnlyFans, helping the Ukrainian-American get closer to his dream of joining the ranks of super-rich people who have signed The Giving Pledge and promised to give the most of their wealth.

The entrepreneur seems to enjoy keeping a low profile, but shared on his personal website that he is training to be a helicopter pilot and lives in Florida.

Radvinsky has already engaged in philanthropy by donating $5 million to Ukraine relief efforts in 2022 and to charities that include Memorial Sloan Kettering Cancer Center and animal welfare organization West Suburban Humane Society, according to his website.

OnlyFans proved it’s more than a pandemic darling, as its revenue grew by nearly a fifth last year to $1.3 billion. The total number of creators grew by 29% last year to 4.1 million, and the fan base grew by 28% to 305 million.

The company had an expansion during the pandemic as many people flocked to join the platform – the company reported a 75% increase in enrollments between March and April 2020. According to company filings, its user base doubled from 2021 to 2022, when it had 188 million fans.

OnlyFans did not immediately respond to a request for comment from Business Insider.