Billionaire businessman James Packer has made a surprising dip into the world of adult content creation, just months after the death of the owner of OnlyFans.
The 58-year-old Aussie emerged as a backer of the controversial site on Friday, amid reports he considers the platform a “positive force.”
Packer is reportedly among a group of investors who bought into a 16 per cent minority stake in OnlyFans’ parent company, UK-based Fenix International, for AU$739 million.
The purchase was made through US-based investment firm Architect Capital, which secured funding from a number of “prominent investors and wealthy family offices”, according to the Financial Times.
The billionaire has extended his reach into the world of adult content creation. Picture: Jeff Rayner/Coleman-Rayner
