Vendot

Domain names alone don't make money, businesses do and hence it is businesses usually acquire such valuable domain names. Many of the owners of these domains are crushing it with cash flow but not simply because they own a 2 letter domain name.

Are you kidding me? There are no more than 700 (26x26=700) 2 letter dot coms in the world. They're worth what someone is willing to pay for them and in reality, that means AT LEAST Millions.

However, there are certainly a few owned by businesses which are worth Multiple Billions today:

QQ.com - One of most used messaging and email services in the world, owned by Tencent with $200 billion market cap (earlier).

MI.com - Chinese smartphone company which was valued at $60 billion most recently and is going to IPO shortly.

JD.com - Chinese e-commerce company operating a bit like Alibaba, which has a $40 billion market cap as of today.

VK.com - Russia's big social network. I don't know the value but the underlying business is certainly worth billions.

SC.com - A large, well known British multi-national Bank, around $18 billion market cap I believe.

PG.com - Proctor & Gamble big multi-national worth over $200 billion.

I would say the list is endless, if I didn't know for sure that it wont be more than 700 ...

You can believe whatever you like but I can tell you categorically that such sales happen VASTLY more frequently than will ever be reported simply because Domain Name sales are mostly private and companies often insist on NDAs. In fact, such reported big ticket sales probably represent considerably less than 5% of the total volume.

It was only last year some of the biggest Chinese CEOs were arguing over who had paid the most for a domain name:

MI.com Changes Hands for $3.6 Million in the Biggest Domain Sale Reported So Farha This Year

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