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


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