Top 10 Domain Sales
Thursday 14 February 2013
Many fortunate people have made significant sums of cash through domain-flipping over the years. Becoming a domain flipper requires no special qualifications, just skilled foresight and a whole lot of luck. Simply by identifying a web domain that may come into use in the future, you stand an (albeit small) chance of making millions.
The term ‘domain flipping’ is used to refer to the frequent lucrative buying and selling of domain names by one individual or business. The biggest sales of domain names tend to involve words that are related to finance, sex, gambling and social networking. For many, that’s the internet in a nutshell. With our chart-topper being at the helm since 2009, who knows where the next record-breaker will come from?
Let’s take a look at the ten highest-ever prices paid for domain names.
1. Insure.com – Sold for $16 million in 2009, unsurprisingly to a global insurance company
2. Sex.com – Sold to Clover Holdings LTD in 2010 for $17 million after previously changing hands for $11.5 million in 2006.
3. Fund.com – Snapped up in 2008 for a fund of $9,999,950
4. Porn.com – Purchased in 2007 for $9.5 million
5. Fb.com – Bought by Facebook for $8.5 million in 2010, and now directs traffic directly to the social networking site itself.
6. Business.com – The oldest transaction here, this was sold to eCompanies ventures way back in 1999 for $7.5 million.
7. Diamond.com - In 2006, this domain switched owners for $7.5 million
8. Beer.com – No surprise to see this in the top ten, Beer.com fetched a sum of $7 million for its seller in 2004
9. Israel.com – The only country in our list, someone made a cool $5.88 million from this in 2008
10. Casino.com – It’s a decade since our tenth highest-selling domain name was sold on for $5.5 million.
Picture: Flickr User: The Booklight