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Who Owns OnlyFans Now? The $3.15 Billion Deal Explained

After the death of owner Leonid Radvinsky, his widow took control and Architect Capital bought 16% of OnlyFans for $535 million. Here is who owns OnlyFans in 2026.

FanChecked
FanChecked
13 Jun 2026 · 7 min read

In a few months, the ownership of OnlyFans changed more than it had in years. The platform's longtime owner died in March 2026, control passed to his widow, and in May an investment firm bought a 16 percent stake in a deal that put a 3.15 billion dollar price tag on the company. Here is who owns OnlyFans now, how it got here, and what the deal means for creators and fans.

The short answer

OnlyFans is operated by Fenix International Ltd, a privately held company registered in the United Kingdom. Its majority owner, Leonid Radvinsky, died in March 2026 at age 43, and his widow, Yekaterina "Katie" Chudnovsky, assumed control of the company. In May 2026, Fenix sold a 16 percent stake to Architect Capital for 535 million dollars, a transaction reported by Bloomberg and Variety that values OnlyFans at about 3.15 billion dollars. So today the answer is: Chudnovsky controls the company, with Architect Capital as a significant minority shareholder.

From Tim Stokely to Radvinsky: a quick history

OnlyFans was founded in 2016 by British entrepreneur Tim Stokely. In 2018, Leonid Radvinsky, an American businessman, acquired a majority of Fenix International, and under his ownership the platform exploded during the pandemic into the dominant direct monetization site for adult creators, paying out billions per year. Radvinsky was known for taking enormous dividends and keeping the company private and quiet. His death in March 2026 set off the chain of events that led to the current structure.

Founded by Stokely, scaled by Radvinsky, now controlled by Chudnovsky with Architect Capital at 16 percent.

The Architect Capital deal, explained

According to reporting by Bloomberg, Variety and TechCrunch, Architect Capital had been in talks as early as January 2026 to buy a majority of OnlyFans. After Radvinsky's death, the negotiation settled on a 16 percent minority stake for 535 million dollars, financed by wealthy individuals and family offices including James Packer and Sam Lessin. The 3.15 billion dollar valuation strikes many analysts as modest for a platform whose gross payments are estimated above 8 billion dollars a year, a discount usually explained by the reputational and banking frictions of adult content.

Why "only" 3.15 billion?
OnlyFans moves an estimated 8 billion dollars a year in gross payments, yet the deal valued the company at 3.15 billion. Adult platforms trade at a discount: banks, payment processors and potential buyers price in the regulatory and reputational friction. That gap is the defining economics of this industry.

What it means for creators and fans

Two things are worth watching. First, Architect has said it will work with OnlyFans on new financial services and products for creators, which could mean better payout tools for the people who actually earn on the platform. Second, a major outside investor usually pushes for growth and eventually for an exit, which keeps alive the speculation about a bigger sale. For fans, nothing changes day to day: the platform, the prices and the 80/20 split remain as they were. For the wider industry context, see our coverage of the new age verification rules and our full OnlyFans review.

A company that processes billions, sold in slices at a discount: the OnlyFans deal says as much about the adult industry as it does about OnlyFans.

Whoever owns the platform, what matters to a fan is who you subscribe to. Search any creator on FanChecked and read verified reviews from real subscribers before you pay. Free, no login required.

Frequently asked questions

Who owns OnlyFans in 2026?

OnlyFans is operated by Fenix International Ltd. After owner Leonid Radvinsky died in March 2026, his widow Yekaterina Chudnovsky assumed control. Architect Capital holds a 16 percent minority stake bought in May 2026.

How much is OnlyFans worth?

The May 2026 sale of a 16 percent stake for 535 million dollars valued OnlyFans at about 3.15 billion dollars, per reporting by Bloomberg and Variety.

Who founded OnlyFans?

British entrepreneur Tim Stokely founded OnlyFans in 2016. American businessman Leonid Radvinsky acquired majority ownership of parent company Fenix International in 2018.

Is OnlyFans being sold?

Reports in early 2026 described talks over a majority sale to Architect Capital. The transaction that closed in May 2026 was a 16 percent minority stake. Whether a larger sale follows is speculation for now.

Note. Ownership details and figures reflect public reporting by Bloomberg, Variety and TechCrunch as of June 2026 and may change. FanChecked is an independent review platform and is not affiliated with, endorsed by, or sponsored by OnlyFans or Fenix International.

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