Just in: OnlyFans owner Leonid Radvinsky has died from cancer aged 43, the company said on Monday.

The Ukrainian-American entrepreneur acquired Fenix International, the company that owns and operates the UK porn streaming platform, in 2018. He remained a director and the majority shareholder of the company. 

Radvinsky was regularly paid one of the largest dividends from a private company in the UK, where OnlyFans remained based after his acquisition from British father and son Guy and Tim Stokely. The Stokely family founded the platform in 2016.

“We are deeply saddened to announce the death of Leo Radvinsky. Leo passed away peacefully after a long battle with cancer,” the company said in a statement. “His family have requested privacy at this difficult time.”

The company paid out a record $701mn in dividends last year. Radvinsky had been in talks about a potential multibillion-dollar sale of the streaming platform, which is used by sex workers and celebrities to reach their audiences.

This is a developing story