What's in a name? Apparently, if you're talking about domain names, there's a lot of money involved. If you somehow managed to miss out on having anything to do with the internet over the last 20 or 30 years, a domain name is a name that is assigned to a specific website, usually associated with a specific company. As it turns out, companies will pay all kinds of money in order to secure a domain name that automatically makes customers think about their company. If they're willing to pay a large enough fee, they can buy exclusive rights to that domain name for a certain period of time.
Obviously, the domain name that is chosen has a lot to do with how much it costs. If you have ever chosen a name for a website for a small business or even a particular cause, you know that you have to pay a fee in most cases. You also know that more often than not, those fees are relatively nominal. However, you might be interested to know information about the five most expensive domain names that are currently for sale. Some of them are rather unique and others are surprisingly generic. The thing that might surprise you most is that even the incredibly vanilla Internet.com, which is available for a whopping 18 million dollars, doesn't even make the top five:
5. Privatejet.com - $30 million
It seems like everything that's associated with aviation is expensive, and in this case, it's even managed to trickle down to the domain name. If you want to purchase this one, you're going to have to come up with more than 30 million dollars in order to do it. That's shocking enough in and of itself, but when you consider the fact that this is only number five on the list, it makes you start to wonder what the domain names are that are even more expensive than this one. It probably also makes you wonder how things ever got to a point where you could pay more than 30 million dollars just to secure the rights for a website. When it's all said and done, it's all about marketing.
4. Vacationrentals.com -$35 million
People like to take time for their vacations and they also like to spend a lot of time finding the perfect place to stay. The funny thing about going on vacation is that a lot of people want to find a place that feels just like home, even though they're going on vacation to get away from home. Obviously, it's turned into big business. If you want to purchase this website it will set you back somewhere in the neighborhood of 35 million dollars.
3. Insurance.com - $35.6 million
This domain name is almost as generic as the aforementioned Internet.com. It doesn't really do much to point to any particular company, to say the least. Nevertheless, anybody that wants to purchase it is going to have to come up with a large sum of cash in order to get it. It's just a little bit more expensive than the one listed in the paragraph above, at about 35.6 million dollars. There is no doubt that insurance is big business, but it's hard to believe that such a generic website could possibly be sold for such a price tag.
2. CarInsurance.com - $49.7 million
This one takes things to another level, although only slightly. Now you know that you're at least dealing with a specific type of insurance instead of everything. The thing about car insurance is that every person who has a car needs it. Most states require it. Even in places that don't make it necessary in order to drive the car legally, anybody that's willing to take the chance to put a car on the road without having it insured has either got a lot of money in the bank or they're lacking some common sense. If you want to purchase this website, you'll have to have a lot of money in the bank yourself, 49.7 million dollars to be exact.
1. LasVegas.com - $90 million
The fact that this is the most expensive domain name shouldn't surprise you. After all, Las Vegas has become something of a trademark in and of itself. With that being said, the cost for this domain name is so far up in the stratosphere, it’s hard to believe anybody would be willing to fork over that much cash, no matter what it's for. This particular domain name is a staggering 90 million dollars.
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Written by Garrett Parker
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