Making Money on the Easy – Buying and Selling Web Domains

As a blogger and budding web entrepreneur, this is one story I can’t overlook: a medical doctor that made some $300 million doing nothing but selling and manipulating domain names. How possible?

According to CNN Money:

“The man at the top of this little-known hierarchy is [tag]Kevin Ham[/tag] — one of a handful of major-league “[tag]domainers[/tag]” in the world and arguably the shrewdest and most ambitious of the lot. Even in a field filled with unusual career paths, Ham’s stands out.

Trained as a family doctor, he put off medicine after discovering the riches of the Web. Since 2000 he has quietly cobbled together a portfolio of some 300,000 domains that, combined with several other ventures, generate an estimated $70 million a year in revenue. (Like all his financial details, Ham would neither confirm nor deny this figure.)”

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