Who Owns OnlyFans? Parent Company, Owner & Valuation 2026

OnlyFans is owned by Fenix International Limited, a private London-registered company controlled since 20 March 2026 by a family trust led by Yekaterina “Katie” Chudnovsky. Architect Capital holds about 16% after paying $535 million in May 2026, a price that valued the business at roughly $3.15 billion.

OnlyFans ownership at a glance

Who owns OnlyFans today?

The platform has no separate share register. Ownership sits entirely with Fenix International Limited, one of the larger UK-registered technology companies to stay private through a decade of growth.

Leonid Radvinsky bought 75% of Fenix from Tim Stokely and his father Guy Stokely in 2018 and remained majority shareholder until his death on 20 March 2026. He moved his holding into the LR Fenix Trust in 2024.

Companies House records Chudnovsky, Radvinsky’s widow, as the person with significant control from 20 March 2026, leading a family trust that holds more than 75% of shares and voting rights.

Architect Capital took roughly 16% on 8 May 2026 for $535 million, the first outside equity in the company’s history. Remaining minority holdings are not disclosed, and Fenix has never reported an employee share pool.

Who controls OnlyFans?

Control and ownership sit in the same hands. The trust holds a shareholding above the 75% threshold and the right to appoint and remove a majority of the Fenix board, so the Architect stake carries no veto.

The board has four directors. Chudnovsky, chief executive Keily Blair and Architect Capital chief executive James Sagan were all appointed on 8 May 2026, joining Lee Taylor, a director since 17 December 2021. OHS Secretaries Limited has been company secretary since April 2023.

Blair runs the platform without owning it. That split between a hired executive and a single controlling holder is the opposite of the layered arrangement behind OpenAI’s nonprofit-controlled cap table, where control was engineered rather than inherited.

OnlyFans funding and ownership history

Tim Stokely launched the platform in London in November 2016 with a £10,000 loan from his father. His brother Thomas was chief operating officer and Guy Stokely was chief financial officer.

Radvinsky acquired his 75% stake in 2018. Stokely left the chief executive role in December 2021, handed over to Amrapali Gan, and Blair took the job in July 2023.

Fenix raised no venture capital. Profits went out as dividends instead: $284 million in 2021, $338 million in 2022 and $472 million in 2023, close to $1.8 billion to Radvinsky over four years.

A consortium led by Forest Road Company discussed a purchase in 2025 at a reported $8 billion. Talks over a 60% stake ran into January 2026 at a lower reported figure near $5.5 billion. Neither closed. Radvinsky died in March 2026, and the sale process ended two months later with a minority deal at less than half that price.

Who are the biggest investors in OnlyFans?

The investor list is short because the company spent nine years without outside capital. Every name below entered through the May 2026 transaction or through the founding family.

• Chudnovsky family trust, holder of more than 75% of shares and voting rights since March 2026
• Architect Capital, a San Francisco asset manager, roughly 16% for $535 million
• James Packer and Sam Lessin, participants in the special-purpose vehicle behind the Architect stake
• Tim Stokely and Guy Stokely, founding shareholders who sold the majority holding in 2018

Architect agreed to work with the company on financial products for creators as part of the deal. Moelis & Co advised Fenix, with Skadden Arps as legal counsel and Sullivan & Cromwell acting for Architect.

Is OnlyFans publicly traded?

No. Fenix International Limited has no listing and no ticker. Its accounts reach the public only through Companies House filings, with audited FY2025 results due by 31 August 2026.

Management has pursued private sales rather than a listing, and no IPO has been announced. Anyone tracking which private technology companies are heading toward a listing will not find Fenix among them.

How OnlyFans makes money for its owners

The platform takes 20% of creator earnings. Fan payments reached $7.22 billion in the year to 30 November 2024, up 9%, producing net revenue of $1.41 billion and pre-tax profit of $684 million.

Fenix reported more than 377 million registered fan accounts and over 4 million creator accounts, and says it has paid creators more than $25 billion since 2016. At $3.15 billion, the May 2026 price works out to about 2.2 times net revenue, well below multiples paid for listed consumer platforms such as Pinterest and its institutional shareholder base.

FAQ