Johns Wu – The Man Who Sell His Blog For US $15 Million

Posted by on Oct 7, 2008 in Make Money Online | 11 comments

Johns Wu, a 22 year old guy from San Marino, CA is really a fortunate guy, manage to sell his two year old WordPress powered blog Bankaholic to a financial info site BankRate for huge US$ 15 Million.

BankRate will pay $12.4 million up front, with another $2.5 million possible earn out over the next 12 months. Bankaholic’s sole employee John Wu will help in the transition and stay for an unspecified period.

Congratulation Johns for milking out million. Here is the Press release note from BankRate confirming the acquisition.

Bankaholic has an Alexa ranking of 41,904, Google Trend shows approx 8000 unique visitor to blog daily, Bankaholic main source of revenue Sources are AdSense, BankRate Partner Program main source of traffic is Organic Search, and it is managed by only one person, yes The Great John Wu.

11 Responses to “Johns Wu – The Man Who Sell His Blog For US $15 Million”

  1. Bruno Auger says:
    October 7, 2008 at 4:39 pm

    Wow
    That is quite amazing on what people can do with a blog and then turn around and sell it for a huge amount.

  2. Lhurey says:
    October 8, 2008 at 5:35 am

    he is really a successful blogger.

  3. ZK@WebTrafficROI says:
    October 9, 2008 at 2:58 pm

    unbelievable , I wonder how many credit cards applications are being filled on his site to reach that sales figure

  4. wilhb81 says:
    October 11, 2008 at 12:35 pm

    OMG, when I heard this news, I totally became flabbergasted!

    $15 million dollars is definitely an astronomous sum to me here…I would be happy, if I got 10% of the total sum!

  5. BestCred says:
    December 6, 2008 at 8:04 am

    Yes, $15 million dollars is alot of money for a blog. This guy has prove to all the website owners that nothing is impossible.

  6. Quotable Quotes says:
    March 12, 2009 at 2:30 pm

    Finally something new for me to learn and I am already subscribed. You can contact me if you need to. :D

  7. vikram says:
    September 3, 2009 at 4:58 am

    i heard he made $1000/day from his site from affiliate commisions

  8. Ana @ Anti Wrinkle Cream says:
    September 3, 2009 at 12:37 pm

    That is absolutely inspiring. If I could sell my blog for even 1% of that Id be a very happy girl!

  9. Career Outlook says:
    August 16, 2010 at 5:22 am

    its an old news, but very new and interesting for me :)

  10. bilal@cheap designer bags says:
    August 3, 2011 at 11:05 am

    tats why i love blogging

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