The founder of OnlyFans established a service that is primarily used by sex workers to produce pornography. OnlyFans is a popular internet content subscription service based in London, United Kingdom. But do you know what is OnlyFans used for? Several content creators earn money from the users who subscribe to this website. In today’s post, I will reveal who’s the founder of OnlyFans.
Who Is The Founder Of OnlyFans?
The founder of OnlyFans is Timothy Christopher Stokely who was a well-known British businessman. He was even the former CEO of the internet site OnlyFans. Timothy was often known as Tim Stokely. In fact, he has been described as “the king of homemade porn” by The Sunday Times.
You can keep on reading to learn more about OnlyFans’ founder and co-founder of OnlyFans.
About The Founder Of OnlyFans
The founder of OnlyFans Timothy Christopher Stokely was born in Harlow, Essex on July 1983 and he is the youngest of four children. His father Guy Stokely is a retired ex-Barclays investment banker. Tim earned a degree from Anglia Ruskin University.
Tim’s first business was the adult performance websites GlamWorship and Customs4U. He even worked on a site to connect customers to tradespeople. In 2016, Tim founded OnlyFans along with his brother Thomas Stokely. For this business, he took a $10,000 loan from his father Guy Stokely. His father warned him that this is going to be the last one!
His brother Thomas is the company’s CEO and his father is the head of finance for OnlyFans. Tim decided to avoid the mistakes he made in his earlier sites by building a referral system. This system gave third parties an incentive to recruit new content creators for the site! However, Tim often cites the investor Warren Buffett and his book Warren Buffett on Business as one of his driving forces.
In 2018, OnlyFans’ founder sold about 75% stake in OnlyFans’ parent company Fenix International to Leonid Radvinsky. Leonid Radvinsky is a Ukrainian-American businessman and the owner of the porn site MyFreeCams. After this deal, OnlyFans focused on not-safe-for-work (NSFW) content and gained a pop culture reputation for being a hive of pornography.
Currently, Tim lives in a gated mansion with a cinema and sauna in Bishop’s Stortford, Hertfordshire. He is a subscriber of two OnlyFans content creators; James Haskell and Chris Robshaw. In 2021, Tim Stokely stepped down as the CEO of the OnlyFans website. He was then succeeded by Indian-American businesswoman Amrapali Gen. OnlyFans CEO Amrapali Gen joined this company officially in 2020 as the chief marketing and communications officer.
However, the founder of OnlyFans’s estimated net worth ranges from $150 million to $200 million dollars!
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Who Founded Onlyfans?
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.
Who Is The Biggest Creator On Onlyfans?
In 2021, American model and television personality Blac Chyna was the top-earning creator on OnlyFans, with an estimate of 20 million U.S. dollars in earnings from the platform per month. Actress and creator Bella Thorne ranked second, with an estimate of 11 million U.S. dollars earned per month on the platform.
How Did Onlyfans Make Money?
Onlyfans generates revenue through a subscription service. Users pay a set subscription price to different content creators. OnlyFans get 20%, and the creators take 80% of the cut. OnlyFans creators can choose their subscription price based on the limitations that the platform offers.
What Is Onlyfans Mostly Used For?
OnlyFans is an online platform and app created in 2016. With it, people can pay for content (photos, videos and live streams) via a monthly membership. Content is mainly created by YouTubers, fitness trainers, models, content creators and public figures in order to monetise their profession.
How Much Does The Founder Of Onlyfans Make?
The reclusive owner of OnlyFans rakes in more than $500 million from the adult website in less than 2 years, report says. The letter F.
Who Is Onlyfans Biggest Competitor?
In terms of OnlyFans alternatives, Fansly is probably the site closest to offering the exact OnlyFans experience. It’s another subscription website that encourages content creators – including those with adult themes – to build a paying network of subscribers.
In the above post, I’ve discussed everything about who is the founder of the OnlyFans website in detail. In OnlyFans, the majority of the content is pornographic. This website is created by Tim Stokely and charges a 20% fee for all transactions made on the site. Thus, the founder of OnlyFans has built a huge business with the help of this social networking platform!