This is one of those interesting stories that just begs to be told. A young doctor decides to get into the domain buying business, and makes millions. He’s smart, makes some very strategic moves and then goes for even bigger money.
Kevin Ham is valued at over $300 million. He made his fortune putting pay-per-click ads on the thousands of websites that he owns. His latest venture is with the Cameroonian government, who happen to have the ending of .cm in their domain. Kevin is looking at brokering deals with Niger (ending in .ne) and Ethiopia (ending in .et) as well.
Ham makes money every time someone clicks on an ad — as does his partner in this venture, the West African country of Cameroon. Why Cameroon? It has the unforeseen good fortune of owning .cm as its country code — just as Germany runs all names that end with .de.
The difference is that hardly any .cm names are registered, and the letters are just one keyboard slip away from .com, the mother lode of all domains. Ham landed connections to the Cameroon government and flew in his people to reroute the traffic. And if he gets his way, Colombia (.co), Oman (.om), Niger (.ne), and Ethiopia (.et) will be his as well.