OnlyFans Owner Rakes in $472 Million Dividend in 2023 💰

Annual accounts for OnlyFans’ British parent company Fenix International show that the business paid a $472 million dividend to Radvinsky in 2023 after a surge in revenues and profits. That’s up from 2023 when the business paid Radvinsky a $338 million dividend.<br /><br />The new financials show that transactions processed over the platform grew 18.9% to $6.6 billion in 2023. OnlyFans claims that around 80 cents of every dollar spent on the platform goes to its creators. Revenues also grew to $1.3 billion from $1 billion in 2022 and profits grew by a fifth to $485.4 million last year.<br /><br />Read the full story on Forbes: https://www.forbes.com/sites/iainmartin/2024/09/06/onlyfans-billionaire-owner-pockets-472-million-dividend/<br /><br />Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br /><br />Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br /><br />https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br /><br />Stay Connected<br />Forbes newsletters: https://newsletters.editorial.forbes.com<br />Forbes on Facebook: http://fb.com/forbes<br />Forbes Video on Twitter: http://www.twitter.com/forbes<br />Forbes Video on Instagram: http://instagram.com/forbes<br />More From Forbes: http://forbes.com<br /><br />Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.