The greatest domain name investors of all time, what did they do?
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Recently, the results of a double opinion poll on "The Greatest Domain Name Investor of All Time" based on domain name investment on the well-known foreign domain name trading platforms TheDomains and Namepros were announced.
Rick Schwartz received the highest votes on both platforms and ranked first. Frank Schilling won the second place on Namepros. Today we will talk about these two greatest domain name investors in history and see their "greatness"!
Rick Schwartz
I believe that many netizens know about the "domain name king" Rick Schwartz. He is a big name in the domain name industry and runs his own domain name service website domainking.com.
As a domain name pioneer, he created the myth of investing $1,800 to make $20 million. He has sold countless high-quality domain names:
In December 1995, Schwartz bought his first domain name LipService.com for a low price of $100. Eight years later, he sold the domain name Men.com for a high price of $1.32 million, and it was reported by the world.
In 2009, he sold Candy.com to a candy company for $3 million plus 12% of the shares. Now the domain name is traded again and built into an NFT platform;
In 2015, he sold eight domain names including Porno.com (8.88 million US dollars), 9595.com, 899.com (800,000 US dollars), 989.com (810,000 US dollars), 399.com, and 6565.com, with a total price of nearly 77 million yuan;
In 2016, he was suspected of selling the adult domain name XXXvideos.com to the adult website operator Streamate Network. Foreign media speculated that the price was at least in the mid-seven US dollars;
In 2017, he sold the domain name "Real Estate" property.com and held a 10% stake in the buyer's company. He bought the domain name for $750,000 in 2005;
In 2020, he sold the domain name GoBet.com for a net profit of $850,000 (about RMB 5.568 million). He bought the domain name for $35 in the 1990s;
Schwartz has a precise investment vision and the patience that an investor should have, so all the domain names he handles are fine products and can be sold at high prices, thus getting amazing returns. This may be the charm of an investor who can be admired by peers around the world.
Frank Schilling
Frank Schilling is not only a top domain name investor in the circle, but also the founder of Uniregistry.com, a world-renowned domain name registrar. As early as 2016, it was reported that Frank owned 380,000 domain names.
In 2020, GoDaddy acquired the Uniregistry registrar and marketplace founded by Frank, his Name Administration domain portfolio and other related assets;
In May this year, Uni Naming & Registry Services (UNR.com), an Internet technology and service company founded by Frank, completed the largest public sale of top-level domain names in history. The company's total revenue from the auction of 23 TLDs exceeded US$40 million (approximately RMB 260 million).
According to foreign media reports, Frank seems to have a new investment direction recently. His current investment target is the booming real estate industry and aviation projects. I believe that Frank, who has many fine domain names and years of wealth accumulation, will also become a great investor in the new field.
Rick Schwartz and Frank Schilling are well-deserved greatest domain name investors. They rely on extraordinary wisdom and rational minds, and use their outstanding achievements to summarize experiences and lessons to later generations: be prepared for investment, do not rush for success, have appropriate sales and negotiation skills, etc. The simple but unique and profound investment philosophy and strategy they have summarized are constantly proven to be correct by practice. Therefore, it is regarded as a symbol of wealth and success, and it also interprets the legend of going from a commoner to an industry pioneer!
In the Internet era, domain names are an important intangible asset. As time goes by, their value will become higher and higher, and they will definitely occupy a larger share in the future economy. Therefore, domain names are definitely a stable investment project. Ambitious and ambitious investors hope to create their own wealth in the domain name industry. I hope everyone can achieve their goals as soon as possible!
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