Welcoem to posts!!
in the future - u will be able to do some more stuff here,,,!! like pat catgirl- i mean um yeah... for now u can only see others's posts :c
đ¨BREAKING: Federal Reserve cuts interest rates by 50bps âŹď¸
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Would this be considered insider trading? đ¤Ł
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Let's dive into OnlyFans' money pool, and trust me, it's deeper than Nancy Pelosi's pockets!
In 2023, this spicy platform processed a mind-boggling $6.6 billion in transactions. That's an 18.9% jump from last year â talk about a glow-up!
But here's the real kicker: 20 cents of every dollar goes straight to OnlyFans. Cha-ching! Revenue hit $1.3 billion, with profits soaring to $485.4 million. It's like printing money, but sexier!
Two-thirds of that revenue comes from the US, but only peanuts are paid in US taxes. 86.3% of those taxes flow to the UK, where the company, Fenix International Limited (which owns OnlyFans), is based. Is the US losing out twice?
With 305 million subscribers and 4.1 million creators, OnlyFans is basically running its own spicy little country. According to my quant estimates, every 3rd person between 18 and 70 in the Western Hemisphere is a âFan.â Let that sink in!
Now, let's talk about the real winner here â Leonid Radvinsky, OnlyFans' billionaire owner. This guy pocketed a $472 million dividend in 2023. That's $1.2 million a day! I bet his piggy bank needs its own zip code.
But how did this Jewish, Ukrainian-born entrepreneur end up ruling this steamy empire? Stick around to find out!
"Meet Leonid Radvinsky, the billionaire mastermind behind OnlyFans. This Ukrainian-born entrepreneur turned a niche platform into a cash-printing machine."
Radvinsky began his career in the late 1990s by creating several websites offering access to adult content, claiming to provide "hacked" passwords to porn sites, though no illegal content was proven. His website Ultra Passwords reportedly generated $1.8 million a year. In 2004, he founded MyFreeCams, an adult streaming site. Fast forward over a decade, and he finally hit it big!
In 2018, he bought a 75% stake in OnlyFans' parent company Fenix International Ltd. from its British founders, Tim Stokely and his father Guy Stokely. Shortly after this, OnlyFans became increasingly focused on not-safe-for-work (NSFW) content â a smart move and perfect timing considering what was about to happen in the following years.
Unlike most other platforms, OnlyFans does not have an internal search function. Reliable ways to find specific accounts and content do not exist. This increases the incentive for creators to promote their OnlyFans presence on other platforms, which in turn boosts the platform's visibility.
This was super beneficial for creators who already had a large following â every one of their followers was a potential customer. As a result, some creators started to advertise their OnlyFans accounts.
Whereâs the explosive growth? Do you remember what happened in 2020?
That's right â due to the social restrictions during the Covid pandemic starting in 2020, the platform experienced massive growth. This was partly driven by increased use by sex workers and the resulting hype, which led to a sevenfold increase in user numbers in 2020.
7x growth â something you usually only see degenerate crypto traders pull off before losing it all again in a single trade.
But Radvinsky's not just sitting on his pile of money. He's taken $1 billion in dividends over the last three years, building his net worth to a cool $3.8 billion, according to Forbes.
The platform, with almost 20% growth, might be worth north of $10 billion, assuming a chill 20x multiple on the almost $500 million in dividends.
That's not the end of the story â his monthly dividends are already up from $29 million in December 2023 to $47 million in March 2024. This platform's cooking up more green than a vegan restaurant ;)
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Who can recognize this now-billionaire in this old photo of him? (left)
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Is this the best reason to buy the new iPhone?
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Guess what? BlackRock ends up winning once again, a result of questionable moves to milk the dating market:
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Guess what OnlyFans' total payments for 2023 were (in USD)â
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đ¨UFC legend and entrepreneur Conor McGregor shocked the world by announcing his run for the presidency of Ireland via a bold tweet. He promised to âsummonâ or even âdissolveâ the DĂĄil, targeting political elites he accused of betraying the Irish people.
On his agenda:
- He wants to establish a task force to thoroughly vet all migrants moving to Ireland, ensuring stricter control over who enters the country. Additionally, he plans to deport illegal migrants and criminals.
- End wasteful government spending.
The tweet drew reactions from figures like Elon Musk ("Awesome") and Andrew Tate, who pledged his vote.
McGregorâs move is reminiscent of Donald Trumpâs rise: a celebrity businessman leveraging media savvy to enter politics. Known for founding the Proper No. Twelve whiskey brandâselling his stake for $150 millionâand ranking among the highest-paid athletes in 2022, McGregor has already built a net worth in the hundreds of millions. Now, he plans to enter politics with the same boldness that defined his MMA career.
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Who can recognize this now-billionaire in this old photo of him? (Medium)
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Everyone Thought David Beckham Was CrazyâŚ
When David Beckham left Real Madrid in 2007 to join the MLS, it left many fans and pundits scratching their heads. Why would a global superstar trade one of Europeâs elite clubs for a fledgling league in the United States?
But Beckhamâs vision extended beyond the soccer pitchâit was about creating a lasting legacy and building wealth.
The Move.
Beckhamâs switch to the Los Angeles Galaxy was more than a surprising career choice; it was a calculated business decision. His contract wasnât just about scoring goalsâit included a cut of all revenue streams from the Galaxy, from ticket sales to merchandise, and even concessions. This was a lucrative source of passive income, but Beckham had bigger ambitions.
The Contract.
The true brilliance of Beckhamâs deal was a unique clause: the option to buy an MLS franchise for $25 million upon his retirement. By the time he hung up his boots in 2012, after raking in around $250 million during his Galaxy stint, Beckham could have easily retired comfortably. Instead, he activated the clause, determined to bring a team to Miami.
The New Team.
In 2018, Beckhamâs vision materialized when he officially launched Inter Miami. By 2020, the team was playing its first game, and within just two years, its value skyrocketed to over $500 millionâa phenomenal 20-fold return on his original investment.
The Messi Effect.
And then, the story reached new heights. In June 2023, Lionel Messi made headlines by joining Inter Miami, boosting the clubâs value even further. Now, with a valuation exceeding $1 billion, Beckhamâs initial $25 million outlay has ballooned to a staggering $1.5 billion.
David Beckham has proven to be much more than a soccer star; heâs a financial visionary.
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We are the channel for the 0.1%.
The ones who KNOW they will join the UHNWI club one day.
The ones who SHIVER at the thought of living a normal, an average life.
The ones who readily SACRIFICE work-life balance now - to live their dreams in the future.
At MegaloMedia we embrace megalomania.
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Exec. producer: Kevin Jon
Kevin is a Polish-German VC investor and media entrepreneur.
He invests in technology companies across Europe & China, mostly focusing on media and creator economy verticals â and has helped 50+ companies penetrate the Chinese market.
Additionally, he serves as the MD of Deus Media Group, an ever-growing network of YouTube and social media channels built via buy & build.
In the past, he worked at top-tier companies in banking, management consulting, venture incubation and as a founder across APAC and Europe.
When he is not working he is working out: You can find him in the gym or the local Muay Thai/MMA club.
Partnerships: cooperation (at) deusmediagroup (dot) com