23 yr old blogger sells blog for $15 million

October 16th, 2008 by the noob

scarlett johansson makes $15 million onlineI read about this about a week ago and wanted to report on this but i’ve been kinda busy. At any rate, i wasn’t surprised at the purchase price of a blog for $15 million(blogs can turn into big business), but have to admit that i found the story to be interesting. Johns Wu, a 23 year old blogger from bankoholic sold his banking blog for $15,000,000 to bankrate. The blog was set up in July of 2006. I checked out the blog and didn’t find anything special. I guess that the site ranks well for credit card and interest rate terms in search engines. Wanted to write this up to inspire you guys to dream big. Making money with you blog is something that is real. 99.999% chance that you won’t reach this level or get this lucky, but you can still make a few dimes with you blog.

$15,000,000 is a lot of money. This type of cash could buy some nice real estate. Even tho it is unlikely that you will make 15 mil with you blog. Imagine making 10% of that. $1.5 million is still awesome. Let’s say that you manage to sell your blog for 1% of bankoholic. You can still do a lot with $150,000. Take it further with .1% at $15,000. Now were are starting to get realistic. You see my point? Even if you manage to grow a blog and sell for .01% of Johns blog, you are left with 15 hundred dollars. This is something that all of us can do.

I hope that you guys were amazed by the sale of this blog. Also hope that you guys are jealous and inspired at the same time. Do something about it and make some money online with you blog.

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25 Responses to “23 yr old blogger sells blog for $15 million”

  1. Living on Adsense Blog Says:

    Hell, I would sell my blog for much cheaper than that. I would even move the decimal point over one more space!

    $150 bucks! Any takers!

  2. Barbara Baker Says:

    That’s just insane!!!! What I wouldn’t give to have some stroke of luck like this to come my way (although I’m sure there was quite a bit of work involved/ I know…)

    It’s just, well, it’s insane, that’s all I can say about that as I’m picking my lips up off the floor) LOL
    Congrats to him!!!

  3. Jeremy Day Says:

    Hi Seung,

    Great stuff one here. Love how you capitalized on your youtube videos. And love all the hot babes posted on your site. Totally unrelated to what you are writing about, but nice eye candy. Keep up the good work!

    Jeremy

  4. Trent Brownrigg Says:

    Yeah I saw this a couple weeks ago too. It’s simply amazing! I sure do wish I would have been the one to start that blog. I’ll sell any of my blogs for much cheaper if anyone is interested!? ;-)

  5. Euroangel Says:

    very interesting story my friend!! thanks for sharing…but how i wish…..happy blogging!!!

  6. Mike Huang Says:

    It pretty much depends on the domain name that you get. The search engine traffic doesn’t matter as much since I would say that bankoholic probably ranked good on longer terms. The popular ones are long taken by bigger sites.

    -Mike

  7. lankapo Says:

    woww..
    15 Million..mmm
    woth all his effort,hard work,passion,no sleep and time :)

  8. sedat Says:

    really this buying mean for me : taking a high risk on this economical meltdown crisses time. all finance system fall dawn over the world.

  9. Greg Ellison Says:

    I also saw this couple of weeks ago. I think that is pretty cool.

  10. Ryan Says:

    WOW That is a lot of money! Psh I’ll be there someday lol watch! Good post though thanks for the news :) I enjoyed reading it. And yes I am very much so jealous and not very inspired haha

  11. coolproducts Says:

    That is like achieving a “New American Dream”. Awesome story, what I wouldn’t give to have that stroke of luck. Then again who wouldn’t give anything for that!

  12. Vote for this article at blogengage.com Says:

    23 yr old blogger sells blog for $15 million…

    Johns Wu, a 23 year old blogger from Bankoholic.com sold his banking blog for $15,000,000 to bankrate. The blog was set up in July of 2006….

  13. Made News at NewsDots.com Says:

    23 yr old blogger sells blog for $15 million…

    Johns Wu, a 23 year old blogger from Bankoholic.com sold his banking blog for $15,000,000 to bankrate. The blog was set up in July of 2006….

  14. bbrian017 Says:

    where’s the blog link what’s the blog url?

  15. sc Says:

    i am completely jealous of the little runt! congrats to him? is this a bad guess, but are most of his articles not even written by him? if that is the case, then i am very hopeful copying some degree of his success will be easier than imagine. there seems to be plenty of saps in the banking biz these days, who knew? and with that 700 billion dollars they got to squander, no reason some of that cant go my way….

  16. sc Says:

    oops, i meant to say “congrats to him”!
    any change you can put a edit option in the comments section? i know wp must have a editing module, doesnt it?

  17. Jarret Morrow Says:

    Wow! Great story. Amazing to hear that they spent that much money on a PR5 blog with a 45,000 Alexa ranking.

  18. mike Says:

    This is why you have to put full effort into every blog. You never really know what will become big until you do it.

  19. rusty Says:

    Wow, amazing!

  20. Cashmere Says:

    I mean seriously…
    Who would purchase such things and what do they gain? I’m very, very curious now… ;)

  21. Leo (Healthy Tips For A Healthy Lifestyle) Says:

    That’s WOW !!!
    Congrats to that person! :)

  22. dingexx Says:

    a BIG WWWWWWWooooooooowWWWWWWWWWW to the person who owns the blog…congrats..:-)

  23. Ari Lestariono Says:

    I just want to know, what is the criteria that the blog can sold at that price….i wish it was mine lol

  24. Make Money Online » Blog Archive » Part time game developer makes $250,000 with iphone Says:

    [...] have set up your blog. Here is a bit of inspiration for you guys. I wrote a post about the 23 year old blogger who sold his blog for 15 million dollars. That is pretty awesome but here is another one. A banker and parttime game developer created a [...]

  25. homebrew games Says:

    I gotta to say I agree with the majority of what is being stated here. I’m gonna have to have to snatch the feed so I can keep tabs. on what is going on around here.

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