OnlyFans profits boom as users spent $4.8bn on platform last year

The OnlyFans site, where adult performers can upload their own material and keep 80% of the revenue, is one of the most financially successful British startups of recent years. Photograph: True Images/Alamy

OnlyFans has paid out more than $500m (£433m) to its reclusive owner in the last two years, as the British-based subscriber platform synonymous with pornography reported record profits.

Leonid Radvinsky, the site’s Ukrainian-American 40-year-old owner, is the sole shareholder in a business that has seen its profits boom, as users spent $4.8bn on the site last year.