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07.23.

Becoming Millionaires by Selling Domain Names

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Business.com made headlines for being the most expensive domain name in the world when it was sold for $7.5 million in 1999.  The record lasted till 2006 when it was broken by Sex.com which sold for a whopping $14 million in 2006 when Gary Kremen of Match.com decided to quit the adult entertainment industry.  The market for resale of domain names is pretty strong, though not as much as it was during the peak of the dot-com era.  There is a business that amounts to millions of dollars in the resale of domain names.  The most expensive domain name sold is Insure.com that was sold in 2009 for $16 million.  There were many other worthy domain name sales that happened in 2009 which include Toys.com and Candy.com.

It is frustrating when you find out that someone else has beaten you to a domain name and it is even more frustrating when you learn that they are parking it with a motive of reselling it to you at an inflated price.  Here are ten domain names that have turned their owners into millionaires:

 

1. Sex.com

Sex.com earned a whopping $13,000,000 and is the top selling domain name till now.

 

2. Fund.com

Fund.com might not be a perfect domain name, but it was worth a little under 10 million dollars ($9,999,950) when it was bought in 2008.

 

3. Porn.com

Porn.com was sold in May 2007 with its self-explanatory name for  $9,500,000.

 

4. Fb.com

Fb.com does ring a bell as people now identify it with Facebook also known as “FB”.  Perhaps this domain name was based on the owner’s initials, but boy did he strike gold with this one!  Along the years, Mark Zuckerberg, the founder of Facebook decided to buy fb.com for $8,500,000 in 2010.

 

5. Diamond.com

This domain name is another one that is obvious and that is why it was bought for $7,500,000.

 

6. Beer.com

Beer.com has got to be a favourite with men, as ‘beer’ is majorly googled by them.  This one was bought for a whopping seven million dollars in 2004.  However, there is nothing you see on the website as it appears to be a parked domain waiting for the prospective bidder! r pocket.

 

7. Casino.com

This one is a successful website as online gambling has become a fast-catching trend nowadays; however, the sad part here is that it did not quite fetch a high price as it was sold for $5,500,000 in 2003.

 

8. Slots.com

This was sold at the same price of Casino.com ($5,500,000) and that too seven years earlier!

 

9. Toys.com

This domain name was purchased by the toy giant ToysRUs in 2009 for $5,100,000.

 

10. Asseenontv.com – $5,000,000

This domain name was sold in 2000 for five million dollars because reality TV was on the upswing and purchasing it was a shrewd business decision.   However, this domain is still parked and awaiting a lucrative deal.

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01.06.

Big Gates’ Technologically Advanced Mansion – Xanadu 2.0

Bill Gates, founder of Microsoft, lives in a home that is famous in its own right.  Located in Medina, Washington is over 66,000 square feet and overlooks Lake Washington. Note that much of the house is underground, making it look smaller in pictures. In 2009, Nicknamed Xanadu 2.0, the property taxes cost Bill Gates $1 million a year, with the total house asset value of $148 million. Bill Gates has also spent $14 million buying surrounding property. He bought the original lot in 1998 and contraction took over seven years.

The house is considered a modern “Pacific lodge” style design, with many classic and high-tech amenities.  To build Xanadu 2.0, all timber and woodwork was flawless, with acoustics being a priority. Over seven types of stone were used.  All flooring is heated, including walkways and even the driveway. There were 300 workers total to complete the home, with one hundred being just electricians.

The home features all kinds of automation, with over 52 miles of optic cables. Family members and visitors are set up with a microchip tag that can control setting for each room they walk into, controlling lighting, heating, music and even your preference of art on digital displays. All rooms also have their own touch-pad to control every aspect of the room.

Intensive home security is present, with hidden cameras and floor sensors everywhere. There are no visible electric outlets and every door handle was custom-made costing $2,000. Some interior passageway doors weigh over 800 lbs, but are balanced for easy opening.

Bill Gates has several interesting areas to his home. He has a domed library, which has two secret bookcases, with one hiding a bar. Leonardo da Vinci’s Codex Leicester is on display, which Gates paid $31 million for in 1994.

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11.28.

Jimi Hendrix’s Fender Stratocaster set for auction

Some of the other highlights of this Live Auctioneers’ sale include a Monterey Stratocaster used by Jimi Hendrix (pictured above) for the best part of his set at the inaugural U.S. performance with his experience at Monterey, which is the highlight of the auction and is expected to garner as much as $288,580, along with Paul McCartney’s played and recorded violin bass guitar, a Mick Jagger played guitar and Eric Clapton, Elvis Presley and John Lennon guitars.

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11.11.

Papa John Schnatter’s $600 Million Fortune Bought This Insane Mansion

“Papa John” Schnatter is experiencing a major public relations backlash this week after announcing that he will be forced to raise the price of pizza by 14 cents becausePresident Obama was re-elected. Regardless of your political views, if there’s one thing you do not mess with in America, it’s the price of our fast food. Furthermore, even if Papa John was so worried about ObamaCare hurting his business, he never needed to make such a big public stink. Today hundreds of websites and thousands of people across the nation are calling for a Papa Johns boycott which, if successful, will only hurt hard working employees in the long run. I want to be clear that I absolutely admire John Schnatter’s success, especially his a $600 million net worth. Not trying to take political sides with this article, I just don’t think anyone would have noticed the 14 cent price increase, so he should have kept quiet and continued making cheesy pizza and super cheesy commercials.

When Papa John Schnatter hosted a fundraiser for Mitt Romney earlier this year, the Republican candidate began his remarks by saying: “Who would’ve imagined pizza could build this? This is really something. Don’t you love this country? What a home this is, what grounds these are, the pool, the golf course…. This is a real tribute to America, to entrepreneurship.” If your house impresses Mitt Romney, the ultimate one percenter, you know it must be pretty awesome. To start, John Schnatter’s 40,000 square foot castle is located in a wealthy country club suburb of Louisville, Kentucky. The property is spread out over a 16 acre estate and as Romney mentioned, features several swimming pools, a private lake and a golf course. The guest house alone is 6000 square feet and is valued at over $7 million according to Zillow.com! Another interesting feature is the 22 car multi-level underground garage which has its very own “valet office”, car wash and a gigantic motorized turn table-driveway to help park stretch limousines.

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