Leonid Radvinsky
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Leonid "Leo" Radvinsky ( uk, Леонід Радвінський; born May 1982) is a Florida-based Ukrainian-American businessman, pornographer and computer programmer. He is the founder of the cam site
MyFreeCams MyFreeCams (MFC) is an American website providing live webcam performances by models, typically featuring nudity and sexual activity often ranging from striptease and erotic talk to masturbation with sex toys. History MFC was launched in 20 ...
(through his
holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...
, Mfcxy, Inc.), and the majority owner of content subscription service
OnlyFans OnlyFans is an internet content subscription service based in London, United Kingdom. The service is used primarily by sex workers who produce pornography, but it also hosts the work of other content creators, such as physical fitness experts ...
.


Biography

Radvinsky was born in
Odesa Odesa (also spelled Odessa) is the third most populous city and municipality in Ukraine and a major seaport and transport hub located in the south-west of the country, on the northwestern shore of the Black Sea. The city is also the administrative ...
,
Ukraine Ukraine ( uk, Україна, Ukraïna, ) is a country in Eastern Europe. It is the second-largest European country after Russia, which it borders to the east and northeast. Ukraine covers approximately . Prior to the ongoing Russian inv ...
and his Jewish family later emigrated to
Chicago (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name ...
when he was a child. In 2002, he graduated from
Northwestern University Northwestern University is a private research university in Evanston, Illinois. Founded in 1851, Northwestern is the oldest chartered university in Illinois and is ranked among the most prestigious academic institutions in the world. Charte ...
with a degree in economics. Radvinsky operates a
venture capital Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which ha ...
fund called "Leo", founded in 2009, which invests mainly in
tech companies A technology company (or tech company) is an electronics-based technology, technological company, including, for example, business relating to digital electronics, software, and internet-related services, such as e-commerce services. Details Accor ...
. Notable investments include Israel-based B4X and software creator, Pleroma. Radvinsky is also a supporter of the
Elixir ELIXIR (the European life-sciences Infrastructure for biological Information) is an initiative that will allow life science laboratories across Europe to share and store their research data as part of an organised network. Its goal is to bring t ...
programming language. In May 2021, ''
The Guardian ''The Guardian'' is a British daily newspaper. It was founded in 1821 as ''The Manchester Guardian'', and changed its name in 1959. Along with its sister papers ''The Observer'' and ''The Guardian Weekly'', ''The Guardian'' is part of the Gu ...
'' described him as a "US-based online pornography veteran who largely chooses to avoid the media." He donated $5 million to Ukraine relief in 2022 as well a cancer charity, an animal-welfare organization, and a skin-disorder-research fund.


Career


Early career

In 1999, when Radvinsky was 17 years old, he helped incorporate Cybertania Inc. During the late 1990s and early 2000s, Radvinsky developed more than ten websites such as Password Universe, Working Passes and Ultra Passwords that claimed and were advertised to provide users with "illegal" and "hacked"
passwords A password, sometimes called a passcode (for example in Apple devices), is secret data, typically a string of characters, usually used to confirm a user's identity. Traditionally, passwords were expected to be memorized, but the large number of ...
to porn sites, where he earned money for every click. Ultra Passwords reportedly earned $1.8 million a year in revenue during the 2000s. In 2004, he founded MyFreeCams, an adult streaming website. The same year,
Microsoft Microsoft Corporation is an American multinational technology corporation producing computer software, consumer electronics, personal computers, and related services headquartered at the Microsoft Redmond campus located in Redmond, Washing ...
sued Radvinsky for allegedly sending millions of deceptive emails to
Hotmail Outlook.com is a webmail service that is part of the Microsoft 365 product family. It offers mail, Calendaring software, calendaring, Address book, contacts, and Task management, tasks services. Founded in 1996 by Sabeer Bhatia and Jack Smit ...
users, but the case was eventually dismissed.


OnlyFans

In 2018, he bought a 75% stake in
OnlyFans OnlyFans is an internet content subscription service based in London, United Kingdom. The service is used primarily by sex workers who produce pornography, but it also hosts the work of other content creators, such as physical fitness experts ...
' parent company Fenix International Ltd. from its British founder
Tim Stokely Timothy Christopher Stokely (born July 1983) is a British businessman and the founder and former CEO of the internet site OnlyFans. He has been described by ''The Sunday Times'' as "the king of homemade porn". Early life Tim Stokely was born in ...
. After this, OnlyFans became increasingly focused on
not safe for work Not safe for work (NSFW) is Internet slang or shorthand used to mark links to content, videos, or website pages the viewer may not wish to be seen looking at in a public, formal or controlled environment. The marked content may contain nudity, p ...
(NSFW) content and "gained a pop culture reputation for being a hive of pornography". In a roughly two-year period from 2021 to 2022, Radvinsky received around $500million in dividends from the website.


References


External links


Official website (#1)Official website (#2)Leo.com (venture capital fund)
{{DEFAULTSORT:Radvinsky, Leonid Living people 20th-century American Jews Ukrainian Jews Ukrainian emigrants to the United States American company founders American pornographers American venture capitalists American investors Businesspeople from Chicago 1980s births Helicopter pilots 21st-century American Jews