Bankaholic.com sells for $15 Million!

The incredibly famous blogger (& one of my three blogging heroes) Darren Rowse of ProBlogger wrote an article today about this one blog run by one man, Bankaholic.com is a WordPress blog run by John Wu, Darren said that he received emails reporting that Mr. Wu blog was sold for up to a nice $15 million to PaidContent.org The deal is to pay $12.4 million upfront and another $2.5 mill over the next 12 months and Mr. Wu will remaiun blogging on the site.
I think it’s a very fair (& a bit higher than normal) price for just one blog, but like Darren mentioned, with a current 42,168 alexa rank and a growing Google trends for the site, and the huge affiliate marketing potential on the blog, I also think that I made the right desicion for not selling this blog for $65,000 😉

The good news is this:
Again, perfect timing! As I announced yesterday about the new school, I will be revealing details about it throughout this month.
Well, I think that students will be happy that a big part of the school will be about (My number one passion) Blogging, and how to profit online from it. (Hint: The last sentence includes the name of the new school).
Also, I think students will be happy to know that I will include instructions and details on how to use and rank in alexa, how to integrate Google services into your everyday life and of course into your business, and ways to get a good “Organic” Google trends rank for your blog or website.
Also in the school…(Wait! I am not telling everything now, you have to subscripe to the feed by clicking here).

Thank you Darren for the perfectly timed info, and congratulations to Mr. John Wu for the great sale.

6 thoughts on “Bankaholic.com sells for $15 Million!”

  1. I was not surprise to hear that Bankaholic was sold for $15 million. This guy put alot of time and work to his website and at the end, he reap his harvest. Congratulations.

  2. I was not surprise to hear that Bankaholic was sold for $15 million. This guy put alot of time and work to his website and at the end, he reap his harvest. Congratulations.

  3. Yes, I agree that he put a lot of time and EFFORT into building his site. Anyone that refuses to accept this fact is a joker. Imagine what it takes to build a blog up to the point of it ranking TOPS in the major search engines for high expensive and highly competitive terms as those. In one word? INGENUITY!!!

  4. Yes, I agree that he put a lot of time and EFFORT into building his site. Anyone that refuses to accept this fact is a joker. Imagine what it takes to build a blog up to the point of it ranking TOPS in the major search engines for high expensive and highly competitive terms as those. In one word? INGENUITY!!!

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