OnlyFans Owner Rakes in Millions in Dividends and Daily Payouts
The owner of OnlyFans, the popular online platform used by sex workers, musicians, and celebrities, has received a $338 million payout in dividends as its parent company, Fenix International, reported annual profits of over half a billion dollars. OnlyFans now hosts more than three million creators and serves almost 240 million users. The platform saw a 47% increase in creators and a 27% increase in users. Non-subscription services, such as tips and on-demand content, accounted for more than half of the company's revenues. OnlyFans experienced significant growth and profitability during the pandemic but may face challenges as restrictions are lifted.