Millionaire Domainers

[Sameh]

DomainTools Blog :

Calling all Millionaires. We are putting together a list of everyone in this industry that has made a million dollars from domain names. The list is long but we need your help to complete the list.

Please submit names of fellow domainers that have made it big in the comments below. We will alter the post and put the millionaires that people suggest directly into the post.

As new people join the list we will try and do a blog post about them. Also as we get to it we will do a post about everyone already on the list.

[list clipped by request -- please view link below for current millionaire list]

From DomainTools Blog

 

[Ronald Regging]

I wasn't born with a silver spoon in my ass

I'll never be able to eat cereal again...

 

[robertjr]

I hope one day I could make it on this list :D

JP- Your already on "the list" in my book. :notme:

 

[deu12000]

I'll never be able to eat cereal again...

You can legally use a silver plated spoon and be exempt (it can't be more than 95% pure). :cy:

 

[nrmillions]

nrmillions, I can tell from your attitude that you're making millions per year with your $20 sales and names with 17k OVT!! $100k/yr is a great salary for domaining.

With a "real" job that makes a lot of money, a million dollars still takes years to reach.

With a "real" job that makes a lot of money it would take less than 1 year to reach. I didnt say that I was one of the people making millions per year from domaining yet or that I was a successful domainer. I just said that I draw the line of success for anything at $1 million and I dont think $100k is a big salary in general (not just domaining). A school teacher making $100k would be a lot for a school teacher but not a lot overall. Obviously $20 sales are to filter out the names I have no development use for myself anymore. We all have those kind of names. To some people $100k is an excellent salary and to some people its not. No need to insult my names just because I have different salary expectations for myself. I didnt mean to insult anyone just because I am greedy and have high goals. I do think that I will end up making over a million just from my domain names, but not from selling them though, and I hope everyone else on this forum makes their $1+ million too. I personally wont consider myself successful until I have made my $100+ million!!

 

[Sameh]

With a "real" job that makes a lot of money it would take less than 1 year to reach. I didnt say that I was one of the people making millions per year from domaining yet or that I was a successful domainer. I just said that I draw the line of success for anything at $1 million and I dont think $100k is a big salary in general (not just domaining). A school teacher making $100k would be a lot for a school teacher but not a lot overall. Obviously $20 sales are to filter out the names I have no development use for myself anymore. We all have those kind of names. To some people $100k is an excellent salary and to some people its not. No need to insult my names just because I have different salary expectations for myself. I didnt mean to insult anyone just because I am greedy and have high goals. I do think that I will end up making over a million just from my domain names, but not from selling them though, and I hope everyone else on this forum makes their $1+ million too. I personally wont consider myself successful until I have made my $100+ million!!

So im not the only one..

 

[Dan]

Dan...

I understand what you're saying and that was my point. People who went through all of that college or whatever make $100k/yr. But to nrmillions, they aren't successful. They might as well quit their jobs and work at McDonalds instead.

With a "real" job that makes a lot of money it would take less than 1 year to reach...

What jobs make more than a million dollars per year? If you think so many people can just be millionaires, why aren't you one? You make it seem as though $1,000,000 is nothing but you don't that much money. It will take you years and years to get there.

 

[nrmillions]

What jobs make more than a million dollars per year? If you think so many people can just be millionaires, why aren't you one? You make it seem as though $1,000,000 is nothing but you don't that much money. It will take you years and years to get there.

A lot of jobs pay more than that. If you dont know which ones then that is too bad for you. Why dont you come up to Boston's financial district here and ask people in the street what they think about making $100k. How do you know I am not one right now? I just said I havent made $1 million from DOMAINING. I am only in my 20's by the way. What makes you think it will take me years and years to make $1 mill? Why dont you come up here to Harvard and ask the other grad student how long they think it will take to make $1 million and tell them how its so impossible, lol. Its so easy to become a millionaire as long as you pick one of the careers that leads to it. A lot more people are millionaires than you think and a lot of people make A LOT more money than you think they do, trust me.

 

[Dan]

nrmillions:
If you don't want to answer my question that you think is so easy, that's okay. Don't worry, I believe everything you say. People in Boston are loaded and go to Harvard so they are obviously millionaires so easily and don't need to work hard.

People can just pick the millionaire careers. That's all you have to do! Just pick that career and you can be a millionare!

 

[nrmillions]

nrmillions:
If you don't want to answer my question that you think is so easy, that's okay. Don't worry, I believe everything you say. People in Boston are loaded and go to Harvard so they are obviously millionaires so easily and don't need to work hard.

People can just pick the millionaire careers. That's all you have to do! Just pick that career and you can be a millionare!

I didnt say it doesnt take working hard. Those kind of careers demand very long hours per day and very stressful work. I didnt say all people in Boston are loaded and I didnt say all people in Boston go to Harvard (I do though by the way). Yes it is just about as easy as picking your career. Are you a highschool kid or something? You make the term "millionaire" seem like its this impossible thing. There are millions of millionaires.

 

[Dan]

nrmillions:
You've gone from making millions is easy to it's hard work. Now I'm sad.

(Last post in this thread.)

 

[nrmillions]

nrmillions:
You've gone from making millions is easy to it's hard work. Now I'm sad.

(Last post in this thread.)

getting a job that pays minimum wage is easy but your job might be hard. you might have to bust your ass in a factory or something and be in a bad working environment. this is the same thing. getting a job that leads to becoming a millionaire is easy but the work you do might be hard as well. I am done trying to explain things to you since you obviously dont understand me or how the world is. This thread has gotten way off track.

By the way, almost anyone can eventually be a millionaire. Even a married couple who each make $60k per year will end up retiring with a net worth of well over $1 million as long as they are smart about their savings and retirement plans, so they will become "millionaires". Regular looking people that you see on the street driving their toyotas can very well be "millionaires". I am not talking about those kind of jobs though. I am talking about the fast ways to million.

 

[Dan]

getting a job that pays minimum wage is easy but your job might be hard...
getting a job that leads to becoming a millionaire is easy but the work you do might be hard as well.

So why do people take minimum wage jobs?

(Last post in thread again. The last post stuff never seems to work...)

The list seems to be people with major websites as opposed to selling domain names alone. I guess they still belong on the list but it's not really the same thing as just domaining.

 

[Mike]

...and just when i swore that i wouldn't jump into this thread...


anyways, here goes. So, you're going to Harvard? Congrats. Overpaid education is always something i've been extremely partial towards. Not to rain on your parade here, but it doesn't quite matter what name is placed in front of your school, but rather what type of knowledge and attitude you're taking from there once you graduated.
Is 1 Million a lot or any type of benchmark? I'd say no, absolutely not. The benchmark is: % of ROI. Depending on what your major is, you know where i'm taking this.
Accumulation of funds, whether that's a million, 10 millions or 100 dollars all trickles down to the single element that contributes to it. Same goes for current salaries, i'm not making 100k/year, even though i hold a post grad degree. Does it make me any less of a domainer? Again, i'd say no. My salary level doesn't matter, my total funds have no influence, what you should ask is: What's your ROI on your sales or your extended/concurrent ROI on parked domains? Once you're done compiling the percentage answers you've received, you will have the true winners of this game. There's one thing i agree with; many of the high level ROI players are probably millionaires. However, unless you take in consideration where their funding came from, how long they've been in the game, etc. you'll never get a comprehensive list together that will function as guiding beacon for us "small timers". Certainly, it's always nice to dream about Bill Gates' fortune, but until then, I'm content with the one domain that i have that's making $2/day and attempt to replicate this with all my other domains. The key is to keep the goal in mind but travel your road in manageable small steps. And for the list of hotshot domainers, i'll read Forbes and all the other magazines that like to rub millions of others in our, mortal faces.

 

[nrmillions]

...and just when i swore that i wouldn't jump into this thread...


anyways, here goes. So, you're going to Harvard? Congrats. Overpaid education is always something i've been extremely partial towards. Not to rain on your parade here, but it doesn't quite matter what name is placed in front of your school, but rather what type of knowledge and attitude you're taking from there once you graduated.
Is 1 Million a lot or any type of benchmark? I'd say no, absolutely not. The benchmark is: % of ROI. Depending on what your major is, you know where i'm taking this.
Accumulation of funds, whether that's a million, 10 millions or 100 dollars all trickles down to the single element that contributes to it. Same goes for current salaries, i'm not making 100k/year, even though i hold a post grad degree. Does it make me any less of a domainer? Again, i'd say no. My salary level doesn't matter, my total funds have no influence, what you should ask is: What's your ROI on your sales or your extended/concurrent ROI on parked domains? Once you're done compiling the percentage answers you've received, you will have the true winners of this game. There's one thing i agree with; many of the high level ROI players are probably millionaires. However, unless you take in consideration where their funding came from, how long they've been in the game, etc. you'll never get a comprehensive list together that will function as guiding beacon for us "small timers". Certainly, it's always nice to dream about Bill Gates' fortune, but until then, I'm content with the one domain that i have that's making $2/day and attempt to replicate this with all my other domains. The key is to keep the goal in mind but travel your road in manageable small steps. And for the list of hotshot domainers, i'll read Forbes and all the other magazines that like to rub millions of others in our, mortal faces.

Nice post. ROI is certainly important, but what if someone invests $5 and has a 100% ROI and ends up with $10? Would that be a "successful" person overall? Would society now call them a big success? I think we have all learned something from this thread, lol. There is no definitive way to measure success and everyone has their own opinion of what a lot of money is and what they consider success to be. One more thing, its not necessarily the education that you are paying for, its the connections.

 

[Lasher]

So if you're looking to follow in the footsteps of others, you're already lacking the necessary skill to do what they did.

Quote of the year!

 

[-REECE-]

Nice post. ROI is certainly important, but what if someone invests $5 and has a 100% ROI and ends up with $10? Would that be a "successful" person overall? Would society now call them a big success? I think we have all learned something from this thread, lol. There is no definitive way to measure success and everyone has their own opinion of what a lot of money is and what they consider success to be. One more thing, its not necessarily the education that you are paying for, its the connections.

Indeed. In this "internet age", one realistically doesn't need to go to University for many other things...

I believe we should put things in perspective, but at the same time, be realistic about how it's put into perspective.

IMO, it's preposterous to say that someone who turned a single reg fee name into $100, $1000, or even $1 million is a hell of a domainer, if all they did was sit on that one name (ie iphone.com) for a period of years, doing nothing with it whatsoever (ie parking) and getting lucky.

A good investor? Definitely. A good domainer? Someone who's knowledge I feel could enhance my understanding; my grasp of domaining? No. Wouldn't even have the time of day to listen to such a person.

I have much more respect (although this may not be universal) for the guy who bought a name for $100 on the aftermarket, flipped it for $500, reinvested that $500 and came out with a grand,... and ends up with $100k+ in such a fashion. To me, that's a real domainer. Someone sitting on a single name that happens to become something big (iphone example again) is nothing worthy of being called a domainer IMO, nor is someone achieving modest ROIs which are boasted as huge profits granted their multimillion dollar entry into the domaining field.

As for Bill Gates... He had a multimillion (not adjusted for 1955 inflation ) dollar trust fund set up from birth -- not exactly a rags to riches story afterall. Had he never created Microsoft, he'd still have somewhere in the vicinity of $1 billion just off having invested that money in your average (at a by no means exceptional 12 % annual ROI) stock.

Just thought I should point out something I read recently so as to smash the dreams of those thinking they're going to make millions overnight...

NR, just some words of advice from someone who makes more off real world investments (not domain names) than at his real world job...

The #1 way to make >1 million per year is to become a professional athlete. How many of them do you see around? Certainly isn't all that common... Not like every family's hardest worker becomes a professional athlete? And real careers, like doctors, lawyers, investment bankers,... have a very slim chance of making >1 million per year. It's quite common at a young age to be extremely optimistic -- as a matter of fact, most (http://chronicle.com/weekly/v47/i08/08a01003.htm) college students think they'll become millionaires, and a disturbing percentage actually claim they'll make $1 million per year, which by the way, is exceptionally hard to do without a large trust fund or a lot of interest accumulated on decades of good saving and investments.

If you're setting your benchmark at that, you better be prepared to fail, Harvard educated or not. Use some of that Harvardian intelligence to pick out the next Berkshire Hathaway, rather than attempt what is statistically improbable...

 

[tetrapak]

By the way, almost anyone can eventually be a millionaire. Even a married couple who each make $60k per year will end up retiring with a net worth of well over $1 million as long as they are smart about their savings and retirement plans, so they will become "millionaires". Regular looking people that you see on the street driving their toyotas can very well be "millionaires". I am not talking about those kind of jobs though. I am talking about the fast ways to million.

It's funny to read about these things. Have you guys ever wondered what is outside of Boston, or oh might as well outside the US and A? I will tell you what, in my country the average salary is around 8k$/year. BUT, the quality of life is still similar to what is in USA, just with less murders haha. So, yes 100k$/year is a TOP NOTCH salary in here. The minimum wage is 350$/month. And i was only talking about my country, which is part of the European Union and has one of the best HDI (human developement index) figures etc. I've seen domainers from Nepal, imagine their salary.

 

[Lasher]

It's funny to read about these things. Have you guys ever wondered what is outside of Boston, or oh might as well outside the US and A? I will tell you what, in my country the average salary is around 8k$/year. BUT, the quality of life is still similar to what is in USA, just with less murders haha. So, yes 100k$/year is a TOP NOTCH salary in here. The minimum wage is 350$/month. And i was only talking about my country, which is part of the European Union and has one of the best HDI (human developement index) figures etc. I've seen domainers from Nepal, imagine their salary.

In the rush to make a million dollars don't forget the most precious resource of all - time. You can make a couple of million dollars, you cannot make a couple of million hours in your life, so make them all count.

Easy to write, harder to live by, but I keep on trying

 

[robertjr]

Thanks Robert, now if I can only become a mod without the respondsibility :D

I'm afraid there may only be enough room for one of those and it's taken. Personally, I would vote you in, but that would leave even less lazy time for Mark. :D

 

[BinderGang]

Anything you make over what you paid for a domain is a success.