Who is Timothy Stokely, the founder of OnlyFans, and what is his net worth?
ONLYFANS is a London-based multimedia subscription business best recognized for its pornographic movies and images.
However, as the site prepares to prohibit sexual content, this is what we know about the man responsible.
Who is the founder of OnlyFans, Timothy Stokely?
Timothy Stokely is the 38-year-old founder of the thriving internet service platform.
The 38-year-old is the youngest son of a banker and was born in the United Kingdom's Harlow, Essex.
Stokely is a graduate of Anglia Ruskin University and was dubbed "the king of DIY porn" by The Sunday Times in the past.
OnlyFans is a paid social network where content creators can publish pornographic photographs and videos.
Fans pay between $5 and $55 a month for images from their favorite creators, with OnlyFans getting a 20% cut.
However, in August 2021, it was reported that OnlyFans is considering banning bawdy content in response to pressure from the company's payment providers and banking partners.
Members will continue to be able to submit some naked content after October 1, but it must adhere to the new site's policy prohibiting sexually explicit photographs and video.
Worldwide, there are supposedly two million creators and 130 million users.
According to OnlyFans, "whether you're uploading tutorials, tips, behind-the-scenes footage, or just endless selfies," a significant portion of your followers would pay for them.
Stokely founded OnlyFans in 2011 following the launch of GlamWorship.com, a BDSM and fetish website.
How much money is Timothy Stokely worth?
Stokely is believed to have a net worth of $120 million.
The network has compensated its developers more than £956 million, implying that Stokely has generated over £1.2 billion in revenue.
The firm had a massive increase during the coronavirus shutdown, with annual revenue estimated to exceed £720 million.
The billionaire CEO frequently posts images of his opulent lifestyle on Instagram, including yachts and customized cars.
Additionally, there are photographs of him partying in the most prestigious pubs, clubs, and restaurants in New York and London.
The entrepreneur from the United Kingdom resides in a spacious $3.4 million six-bedroom property in Stortford, Hertfordshire.
The estate brokers describe it as a "beautiful, contemporary home done to an exceptionally high standard."
The opulent six-bedroom mansion features eight bathrooms, a gym, sauna, home theater, and marble bar.
A gaming room is illuminated by neon modern art sculptures and equipped with a purple-baize pool table and stocked bar.
Meanwhile, the expansive driveway is home to various customized automobiles.
This includes a £120,000 matt black Audi R8 and two pimped-out Range Rovers customized by a firm popular with Premier League footballers.