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In a recent investigation, I found that two domains were sold at high prices that were not reported on any website.
My curiosity led me to research this and I finally found out which company bought these domains.
I would like to be the first to announce this news, with the conversations I had with Luxury Richland LLC and the information and documents they provided.
The British Today domain name (britishtoday.com) was traded for $ 400 million in May 2020! In a private transaction between the company and the seller, who is a citizen of Qatar!
The deal was done by Luxury Richland Founder and CEO Valentinian Williams before the Luxury Richland was formed in May 2020 and transferred to the company in May 2021,through a legal process by a company lawyer.
The most interesting thing is that the whole transaction was made via Bitcoin!
The company also bought the lottery.xyz domain in a private transaction between the company and the seller, who is a US citizen, for $ 3.9 million! on March 3, 2021.
When I asked about the reason for this transaction and why the transactions were done privately and not through domain buying and selling sites, they said that they were not willing to pay a large amount for the commission!
$400 million was transferred for just $ 2.50, which is not surprising!
Now imagine that you wanted to buy a domain worth $ 400 million and how much you would have to pay in commission!!!! Or how much the seller would have to pay!
They charge 10 to 15 percent!!!!
And the deal was done in the presence of the parties’ lawyers and through a legal process.
Why do some people pay a lot of money to buy domain names?
Well, first of all, in my opinion, a domain is the same as virtual land. The difference is that it can become a money-making machine!
In this article, I will try to show you why the domain name industry is more profitable than real estate!
In the first stage, you can see hundreds of domains that are traded daily because this market is very large and extends beyond “.com”!
Recently, XYZ domain names have become very popular and have sold very well. The most expensive of these belong to the lottery.XYZ domain, which sold for $ 3.9 million or capital.xyz, which sold for $ 105,000
I believe (.xyz) is currently the best alternative to ( .com ) and that XYZ domain owners will be very happy to buy and invest!
The next point is that domain owners do not pay an annual tax for owning their domains! But if you own land and a house, you have to pay an annual tax!
Buying and selling a domain name is very convenient and easy, and a domain does not need to be visited, repaired, or beautified!
With a few clicks, you can list your domain and you do not need a visiting expert or any additional action.
You can have unlimited domain names and your name will be kept completely secret. No one will know that you own these domains! Actually, this is the most valuable private asset!
So the domain name business is a more valuable and profitable investment than other investments! This is special if you are an entrepreneur! How? You may ask…
Okay, explain more
Brand or Land?
If you are an entrepreneur, you have the power to create an empire of one name! Because a name makes your brand very profitable for you and it will last forever!
A global brand that generates millions to billions to trillions of dollars in revenue per year!
Still not convinced? Well, search for the names of these companies and see how much they earn in a year!
10 million times more than real estate!
On the other hand, any property or landowner can never achieve the same profit that an entrepreneur gets from buying a domain!
For example, if you buy a large plot of land or a mansion for $50 million, you will have to wait years to be able to list your house for sale for $60 or $70 million!
And even then, it is not at all clear when it will be sold!
Or if you want to build a tower, you have to spend a lot of capital over a very long time, and it takes a lot of time for you to achieve your desired profit!
Meanwhile, if you are smart, you can make a money machine from a domain name! Because your domain name is your brand name!
So now you can see why these people pay a lot of money to buy domain names, because they are building their top brands with these names.
A domain name is not just a domain name for entrepreneurs! This is a money-making machine!
At the end of this article, you can see some domains that have sold for over thirty million dollars! That is exactly equal to twenty to fifty mansions or islands!
So, Domain name = Brand Name and Brand Name = Money Making Machine!
The most expensive domain names that have sold for over $ 30 million:
Domain Name: Cars.com Date: Feb.2015
Amount: $872 Million
Buyer: Classified Ventures
Domain Name: Britishtoday.com Date: May.2020
Amount: $400 Million
Buyer: Luxury Richland LLC (Through Bitcoin)
Domain Name: Business.com Date: July.2007
Amount: $345Million
Buyer: R. H. Donnelly
Domain Name: Yellowpage.com Date: March.2006
Amount: $100 Million
Buyer: YELLOWPAGES.com, LLC
Domain Name: Lasvegas.com Date: June.2005
Amount: $90 Million
Buyer: Vegas.com
Domain Name: CarInsurance.com Date: Nov.2010
Amount: $49.7 Million
Buyer: QuinStreet
Domain Name: Insurance.com Date: Aug.2010
Amount: $35.6 Million
Buyer: QuinStreet
Domain Name: VacationRentals.com Date: 2007
Amount: $35 Million
Buyer: HomeAway
Domain Name: PrivateJet.com Date: April.2012
Amount: $30.1 Million
Buyer: Nations Luxury Transportation, LLD
Domain Name: Voice.com Date: June.2019
Amount: $30 Million
Buyer: Block. one
Author: Alex Bernard (Domain Name Trader and Researcher from Belgium
