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OnlyFans Owner Got $338 Million Dividend As 2022 Profit Soared

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OnlyFans Ltd., the social-media subscription service, paid its owner Leonid Radvinsky $338 million in dividends last fiscal year as the porn-friendly platform added users and boosted profit.

OnlyFans posted profit of $403.7 million in the year ending Nov. 30, up 24% from the previous year, its parent company Fenix International Ltd. said in a report published on Thursday.

The London-based company, which allows creators to sell subscriptions for content directly to followers for a cut of their earnings, has been attempting to move beyond a reputation associated primarily with pornography.

Read the full story on Bloomberg here.