One of the reasons the founder of this DIY p.o.r.n site departed with a bunch of money, is he knew a class action was coming.
Apparently the algorithm hides people of color.
You actually have to search individuals out by name which of course means you have a hard time making money.
Tim Stokely
Onlyfans
The reclusive owner of OnlyFans rakes in more than $500 million from the adult website in less than 2 years, report says
The owner of OnlyFans has been paid more than $500 million since 2020, Bloomberg reported.
The Ukrainian-American businessman Leonid Radvinsky received dividends amounting to $284m in 2021 and $233m after November 2021, the company stated in its annual report, which was seen by Bloomberg.
The adult entertainment site enjoyed a boom in its user base last year, with two million content creators raking in almost $4bn in 2021, per the report. It also features non-adult content from celebrities such as rapper Cardi B and DJ Khalid for paying fans.
The number of content viewers jumped by 128% year-on-year, while the number of content creators rose by 34%.
The platform, which takes a 20% commission fee from creators, more than doubled its revenue from $358m in 2020 to $932m in 2021, Bloomberg reported. – Source
Read more on these Tags: Onlyfans, Tim Stokely