It’s not very often that you get a loan from your dad to create a website that ends up making your career, but that’s exactly what happened to Tim Stokely. The end result of that small loan was that it helped Stokely attain his current net worth of $150 million.
Early life
Okay, so let’s back up a bit here. Timothy Christopher Stokely was born in Harlow, Essex in 1983, and grew up with three siblings. His father Guy, worked at Barclays as an investment banker. Tim, meanwhile, graduated with a degree in Property and Surveying from Anglia Ruskin University,
Ultimately, though, Stokely had a completely different kind of surveying in mind for his career path. Always “blessed” with an entrepreneurial mindset, his first business was selling fish and chips, then taking a margin on the sales. What a guy!
Stokely started several businesses in the adult industry, including GlamGirls, Customs4U, and a BDSM and fetish site called GlamWorship.com that he created in 2011.
The Birth of OnlyFans
When young Tim was still struggling in 2016, however, dad stepped in and gave him the loan that allowed young Tim to start OnlyFans. The site takes 20% of its membership costs, which range from $5-55, and for that princely sum members get content from their favorite “creators.” If that sounds a little like online pimping, rest assured you’re not the first person to have that thought.
The OnlyFans formula has made Tim and his partners more than $2.5 billion in revenue for 2022, so Tim has definitely done dad proud, and presumably, he’s paid back the loan. In 2018, Stokely sold a 75% stake in his parent company to Leonid Radvinsky.
Stokely isn’t exactly shy about living the high life, either. His Instagram account is full of photos of still-youngish Tim flashing various luxury items, including yachts, customized cars, and so on. He lives in a six-bedroom mansion in Stortford, Herts that’s been described as “sprawling,” so he has plenty of room to stretch out and live the life.
Not much is known about his personal life, but at least Tim has been smart enough to keep his hands off the merchandise. He is a big sports fan, though, and counts West Ham United and the New England Patriots among his favorite teams. The only two subscriptions Tim has on OnlyFans are both Rugby players.
Change is definitely coming, though, and it’s a big one. Tim’s OnlyFans partners supposedly aren’t that happy with the site’s sexually-explicit content, and a ban on that kind of content went into effect. Later the decision was reversed.
Stepping Down as CEO
Not surprisingly, Tim is gone as the CEO of OnlyFans and Amrapali Gan took over the hot seat for two years. He didn’t name a specific reason when he posted about stepping down on his Instagram account, but you don’t have to be a super-sleuth to figure out why. In July 2023, Keily Blair was announced as the new CEO.
So what’s Tim’s next move? There are no overt clues at the moment, but he’ll doubtless have plenty of opportunities in the entertainment industry. And he should have plenty of cash socked away to tide himself over while he ponders his options.
The final option isn’t pretty, but it’s probably always there for him. Given what passes for family values in the Stokely clan, it seems likely that dear old dad will always be happy to pass the hat for him again.
