Oh, you thought Jordyn, Alex, Kelly, Kate, and Tommy (sorry, if I missed anyone) were making a lot of money on OnlyFans?
Meet Leonid Radvinsky. This motherfucker (spoiler: he wasn't actually fucking moms and/or "his stepmom" on video) made $284 million on OF last year… and $233 million the year before that. And he did it all without showing so much as an areola. This dude didn't even have to sign up for an account.
Leonid owns Fenix International… the parent company of OnlyFans.
His yuge pay day makes sense since pretax profits for OF hit $430 million in the year ended in November… on just $930 million in revenue. I'm not exactly sure why these financials are just leaking now when it takes exactly 45 seconds for a "premium personal video" to surface in the bowels of Reddit, but the point remains that this business is printing money.
During the period subscriber numbers nearly doubled (all of you go straight to horny jail). And the number of creators jumped by a third.
Sure, it's a good time to be a Mormon mom just trying to 10x her tithe. But it is a really (and I can't stress this enough) REALLY fucking fantastic time to be Leonid Radvinksy.
Snap necks and cash checks,
Tyler (@JPMorinChase on Twitter)
BTW, Large and I host a weekly podcast called The Family Office. We discuss the biggest finance and markets' stories and are taking you along for the ride as we invest our own money. Watch on YouTube. Or listen on Spotify or Apple.