Domain names truly are big business as sells for $13 million


On 17 November 2010, the domain name was sold for a record $13 million. The domain name became available after an order was issued by the United States Bankruptcy Court for the Central District of California.

The broker stated: “It is very rare when a domain name of this quality and value becomes available... To our knowledge, this sale represents the single largest recorded price paid for a domain name in the history of the Internet.

The name had originally been purchased in 2006 for what was then a record $11.5 million.