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OnlyFans owner gets over $500m in dividends in two years

The OnlyFans website on a smartphone arranged in New York, the United States, on June 17, 2021. (Photo: Bloomberg)

Social-media subscription service OnlyFans Ltd said it paid its owner Leonid Radvinsky about US$517 million in dividends since the end of 2020, as profit soared thanks to users and creators flocking to the platform known for its pornographic content during the global pandemic.

OnlyFans posted pretax profits of $433 million in the year ended Nov 30, seven times more than it earned in the previous year, it said in its annual report Thursday. Radvinsky received $284 million in dividends for the period and an additional $233 million in 2022 through the end of August, the company said. 

Founded in 2016, the London-based…

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