thoughtsignals

I would like to think I would have been smart enough to do something like this. As the Dire Straits song goes, it’s almost “money for nothing.” Kevin Ham has made a fortune, and seems intent on building a bigger business yet, based on Internet domain names.

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.)

The Business 2.0 article includes a sidebar with tips for folks that still want to get in on the domain biz themselves.

Link.