SHADMIA'S WORLD

Just Another Guy with Opinions

Sex.com Holds World Record

Posted by shadmia on February 22, 2011

 

Its official and written into the Guinness World Records: Sex sells, well at least Sex.com is the most expensive domain name in the world. According to the technology blog TechCrunch, Sex.com was sold for $13 million by Escom to Clover Holdings on 17 November 2010.

The domain name which was owned by Escom LLC was sold as part of their bankruptcy proceeding to Clover Holdings Ltd. The negotiations were handled by Sedo.com, a domain name auction company.

Sex.com has a history of controversy. It was originally registered by entrepreneur Gary Alan Kremen in 1994, but was stolen by convicted conman Stephen M. Cohen in 1996, who was reportedly making $500,000 a month from advertising on the site. Cohen was eventual convicted of the theft and served prison time in addition to being ordered to pay $65 million. Read more about its history here.

 

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