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How Much the Average OnlyFans Creator Made in 2023 vs. Owner Leonid Radvinsky

By TheFinanceBase Team 2 min read

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For the financial year ended November 30, 2023, OnlyFans reported an estimated mean of nearly $1,300 per creator. In the same period, its parent company, Fenix International, declared and paid $472 million in ordinary dividends, which contemporaneous reporting attributed to then-owner and sole shareholder Leonid Radvinsky. Those rounded figures imply a scale comparison of about 363,000 to 1—but they measure different things: an estimated average per creator versus a shareholder distribution.

What the 2023 figures compare

The reporting period was Fenix International Limited’s financial year ended November 30, 2023, not the calendar year. Its annual accounts describe OnlyFans as a platform that enables creators to monetize digital content by engaging directly with fans. Fenix International’s 2023 annual report records $472 million in ordinary dividends declared and paid. XBIZ’s report on the filing puts the company-estimated mean creator earnings at nearly $1,300.

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Figure What it measures Period and qualification
Nearly $1,300 per creator Company-estimated mean creator earnings, as reported by XBIZ Fenix’s financial year ended November 30, 2023; approximate, not a median
$472 million Ordinary dividends declared and paid by Fenix; contemporaneous reporting identified Radvinsky as recipient Fenix’s financial year ended November 30, 2023

How to read the roughly 363,000-to-1 ratio

Dividing $472 million by $1,300 gives approximately 363,000. It is a useful way to convey the difference in scale between the reported figures, not a like-for-like earnings comparison. The first number is an estimated mean for each creator; the second is a company dividend paid to one shareholder. The calculation does not show that Radvinsky earned 363,000 times what a typical creator earned, nor does the dividend establish his complete personal income.

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Why nearly $1,300 is not what every creator made

A mean is the total represented earnings divided by the number of creators included in the calculation. It can be pulled upward by a small number of very high earners, so it does not tell a reader what most creators earned. The material reported here does not establish a median, a full earnings distribution, or what an active creator typically took home. It also does not make the estimate a forecast or guarantee for anyone considering the platform.

Fenix’s accounts were reported to include 4.1 million creator accounts for the period, according to Business Insider coverage surfaced via Reddit. An account count is not a count of equally active earners; multiplying the approximate mean by that count should not be treated as a precise total of creator income.

Platform payments are not creator take-home pay

Fenix reported gross platform payments of $6.63 billion in 2023, up from $5.55 billion in 2022, according to Variety’s report carried by Yahoo Finance. Those payment figures are net of applicable sales taxes, refunds, and deferred income. They are not the same as creator net income or Fenix’s company revenue, and they do not replace the estimated mean when answering what the average creator made.

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Radvinsky’s role in the 2023 comparison

Contemporaneous coverage identified Radvinsky as Fenix’s owner and sole shareholder when reporting the $472 million dividend. The comparison concerns that 2023 distribution, not his entire wealth or all income he may have received. The Associated Press reported that Radvinsky died in 2026; he should therefore be described as the owner and shareholder at the time of the 2023 dividend, not as the company’s current owner. Associated Press report.

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