OnlyFans Owner Leonid Ravinsky Paid himself $338 million in bonuses in 2022

OnlyFans Owner Leonid Ravinsky Paid himself $338 million in bonuses in 2022

In the past year alone, owners of OnlyFans website, the main adult content creator, paid themselves $338 billion in revenue.

Leonid Ravinsky, the 41-year-old owner of the platform, paid himself more than $1 million in bonuses for every day he worked in 2022. Ravinsky is the sole shareholder of the site and added $336 million in dividends in 2022.

The latter information was withheld in an application made Thursday by OnlyFan’s parent company, Fenix​​International Limited. So, reveal the nine-figure power of its owner again.

On Thursday’s filing, OnlyFans CEO Leonid Ravinsky awarded him a $338 million bonus in 2022.

According to the New York Post, the 41-year-old actor paid himself $1.3 million for each workday last year. Although Radvinski received a bonus, he did not record his salary.

But, according to Forbes, the jackpots have brought the OnlyFans owner’s profits to over $2 billion.

The adult content creation platform is undoubtedly successful. Last year, the platform generated more than $1 billion in revenue.

Moreover, these expenses correspond to the company’s preliminary profit of $ 525 million.

After that, more than $5 billion was paid through the platform. Overall, it surpassed the company’s 2021 record.

The user base of the website has also increased. In particular, this number has more than doubled, reaching 188 million last year.

The platform allows adult creators to share content through a subscription model. OnlyFans receives 20% of all payments on the platform; the rest goes to the creators.

Company Behind OnlyFans

Acquired the business in 2018 from father-son Guy and Tim Stokely, who invested £10,000 ($12,500) in the company two years ago. Fenix, the company that owns OnlyFans, is still registered in the UK, although Mr Radwinski is based in the USA.

However, according to Company House’s information, the company’s chief financial officer, Lee Taylor, lives in the UK.

.Public records show entrepreneur and founder Guy Stokely leaving OnlyFans parent company Fenix ​​in December 2021. The same month, Gay’s son Tim Stokely stepped down as CEO of OnlyFans to “take a new direction”.

According to Mr. Radvinsky’s leadership, OnlyFans is thriving.

It’s not about porn anymore; some of the biggest producers only post safe content.

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About Areesha fatma 190 Articles
My name is Areesha Fatma and I have a degree in mass communication. I work as a news writer at Panasiabiz.com, where I cover the latest and most relevant topics.