ARTFEED — Contemporary Art Intelligence

OnlyFans: The $7.2 Billion Creator Economy Powerhouse

digital · 2026-06-03

Founded in 2016 by Tim and Guy Stokely, OnlyFans achieved a revenue of over $7.22 billion in 2024, marking a 9% rise. The platform reported a net revenue of $1.41 billion, with 4.6 million creator accounts (an increase of 13%) and 377.5 million registered users (up 24%). Acquired by Leonid Radvinsky in 2018, it reversed its ban on adult content, tapping into a lucrative market. The pandemic further fueled its growth, drawing in stars like Bella Thorne in 2020. However, challenges persist, including difficult banking relations and elevated chargeback rates due to its adult content. Following Radvinsky's passing in March 2025, speculation about a sale and IPO has emerged, complicated by reputational concerns. The platform has revolutionized the adult industry, altering production styles and revenue strategies.

Key facts

  • OnlyFans grossed over $7.22 billion in 2024, net revenue $1.41 billion.
  • 4.6 million creator accounts and 377.5 million registered users in 2024.
  • Founded in 2016 by Tim and Guy Stokely, initially excluding adult content.
  • Leonid Radvinsky acquired 75% in 2018; he also founded MyFreeCams in 2004.
  • Radvinsky died of cancer at age 43 in March 2025.
  • Bella Thorne earned over $1 million on her first day on OnlyFans in 2020.
  • Platform faces banking issues due to adult content and risk code MCC 5967.
  • OnlyFans banned AI-managed accounts to prioritize human content.

Entities

Artists

  • Bella Thorne
  • Maitland Ward
  • Bhad Bhabie

Institutions

  • OnlyFans
  • Fenix International
  • MyFreeCams
  • Visa
  • Mastercard
  • Midjourney
  • Stable Diffusion
  • TikTok
  • YouTube
  • Instagram
  • Teachable
  • Harbiz
  • Trainek
  • Kick
  • Twitch
  • Etsy
  • Redbubble
  • Patreon
  • Substack
  • Northwestern University
  • Euphoria
  • Industry

Sources