Support Services:service@dn.com
2024 Dn.com All Rights Reserved
In today's world, there are numerous ways to accumulate wealth, some of which might even be considered peculiar. Take, for instance, those who make money online by delving into the world of domain names.
In today's world, there are numerous ways to accumulate wealth, some of which might even be considered peculiar. Take, for instance, those who make money online by delving into the world of domain names. Surprisingly, this unconventional method can yield substantial profits.
It's sometimes hard to fathom how a few strings of English letters can hold such significant value. That's why today, I'll introduce you to someone who excels in this realm—Rick Schwartz, also known as the "Domain King" in the United States.
This American investor is renowned in the global domain investment arena. As early as 2017, Rick possessed around 7,000 domain names, with 750-1,000 valued over six figures, 150-200 valued over seven figures, and 5,500 valued between $0 and $100,000.
Rick realized long ago that the internet is the greatest sales tool in history. Back then, this notion wasn't widely recognized, and many were skeptical of his endeavors. Undeterred by family and friends, he invested his last $2,000 to explore ways of profiting from websites. This marked the beginning of his journey into the world of domain names.
A seasoned salesman, Rick Schwartz once stated: "Large websites spend millions, airing 30-second ads on TV and in magazines, yielding short-term gains. However, they overlook a stable, long-term income—domain names. The cost of an ad is enough to purchase numerous premium domain names, with no additional daily costs."
Since his domain investment journey began in 1995, Rick has handled countless domain names, many of which have been sold for substantial sums. For instance:
- In 2003, he bought Men.com for $15,000 and sold it for $1.32 million.
- In 2015, he sold the domain name Porno.com for $8,888,888.
- In the same year, 9595.com was sold for $180,000.
- 989.com was sold for $815,000.
- And 899.com was sold for $801,000.
On May 25th this year, Rick wrote a blog post titled "My 33 Domain Sales from 1999 to 2019." Let's delve into the realm of the Domain King's remarkable creations. For example:
- Men.com: Purchased in 1995 for $15,000, sold for $1.32 million.
- Candy.com: Acquired in 2005 for around $100,000, ultimately traded for over $5 million and additional fees.
- Porno.com: Purchased for $42,000 and sold for $8.88 million.
- eBet.com: Bought for $100 in 1997 and sold for $1.35 million.
- And many more.
These 33 transactions earned him a total sales revenue exceeding $23 million, along with millions in leasing income. With an average sale of approximately $701,649, each domain name holds an increasing value trend. Rick Schwartz's domain assets are estimated to exceed $500 million, if not closer to $1 billion by conservative estimates. His foresight, combined with his tenacity, earned him the title of "Domain King."
Rick once said, "Back then, there were likely billions of people with the same opportunity as me. Unfortunately, they only saw trees, not the forest—they missed out." His exceptional success stems from his keen business acumen, proactive approach, and the establishment of T.R.A.F.F.I.C., an annual domain conference that facilitates networking and collaboration, greatly advancing the domain industry.
14 Sep 2024 10:17:18 AMIndustry Information
The four letter domain name ASAP.com was successfully sold in a recently held bankruptcy auction. The auction, managed by Heritage Global Partners (HGP), concluded successfully recently with a final sale price of $340,000 for ASAP.com,
13 Sep 2024 10:17:16 AMIndustry Information
On September 12, 2024 at 16:00 (CET), domain name trading platform Dan.com announced that it will merge with Afternic and unveiled plans regarding the closure of Dan.com. According to the announcement, Dan.com will begin account migration
12 Sep 2024 02:10:33 PMIndustry Information
There are a total of 676 two-letter .com domain names in the world, and more than 300 of them have been used by businesses for their official websites. Are you curious which two letter .com domain names are used by businesses?
12 Sep 2024 11:03:12 AMIndustry Information
In this year's domain name trading on May 1, the .ai domain name market was hot with significantly higher turnover. Among them, the domain name quran.ai in the field of Artificial Intelligence was sold for $100,999 (approximately
Recently, the Three Sheep Group in Hefei, Anhui Province, sparked a lot of attention and discussion over the incident with Simba on Jitterbug. Although the public has different views on the truth of the incident, this is not the focus of
Industry Information 11 Sep 2024 11:47:34 AM
In the world of domain name investing, seasoned investors have repeatedly warned novices to avoid registering domain names that clearly infringe on trademarks. I'm not referring to domain names that can be modified slightly, but those that
Industry Information 11 Sep 2024 10:07:51 AM
Used domain names, i.e., those that have been previously registered and are now available for resale, offer a plethora of opportunities for domain name investors. While the initial investment for these domains is higher than for manually
Investment 10 Sep 2024 11:34:41 AM
In a domain name battle that has generated widespread attention, a dispute between two Texas pool construction companies has led to a Reverse Domain Name Hijacking (RDNH) case. The case involved a dispute between Pools123 Houston LLC over
Industry Information 10 Sep 2024 11:03:36 AM
Creative word combination domain names are gaining attention in the domain name market. Recently, several creative word combination domain names were sold for more than $180,000 in public transactions, the most notable of which was JavaLobb
Industry Information 09 Sep 2024 02:28:59 PM
September 5, Alipay released Zhixiaobao AI life butler, and spent 250,000 yuan to acquire the “zhixiaobao.cn” domain name. Amazingly, the domain name in January 27, 2021 only 50 yuan auction, just three years, the return on investment up to
Industry Information 07 Sep 2024 03:25:18 PM