The Blog Bankaholic.com founded and was running by the single man name, John Wu has been sold for US $ 15 Millions.

The “Bank Rate” –The Financial Info site has recently acquired the Blog for US $ 15 Millions.

The deal is something like this.

According to paidContent.org, Wu gets $12.4 million up front, with another $2.5 million possible earn out over the next 12 months.

According to Paidcontent.org -

Financial info site BankRate is expanding its financial product listings, as it’s acquiring Bankaholic, which provides info on deposits, savings accounts, and money market accounts. The company will pay $12.4 million up front, with another $2.5 million possible earnout over the next 12 months. Bankaholic’s sole employee John Wu will assist in the transition and remain for an unspecified period of time.

Some Interesting Points about Bankaholic.com -

Bankaholic Traffic -

This is the graph of estimated traffic over the last two years from Quantcast.

- John Cow Dot Com has confirmed by talking with John Wu that the deal is real & Final. He has sold the blog to Bankrate.com for US $ 15 Millions.

- Also Webpronews Blog has also confirmed the News.

The Bankaholic Blog has just founded in the Year 2006, and within 2 years only, its Valuation has become US $ 15 Millions.

However, I have analyzed the web traffic (Page Views & Unique Visitors) for the site. The site receives average visitors monthly. The site receives around 150-200K Unique Visitors Monthly and that is quite moderate in comparison to the price of US $ 15 Million.

I have also run the Technorati’s Blog Net Worth software to determine the fait valuation of the Blog. According to Technorati, The Valuation of Bankaholic.com is US $ 8,41,164 Only and the buyer (Bankrate.com) has paid almost twice the price.

As I have already told you in the previous articles that, Blog is your Asset. It’s your Intellectual Property (IP Asset) and you can buy, sell, grow or pass it to your next generation like any other Assets.

The advantage of Web Property (Blogs, Websites, Communities, Forums, Internet Businesses…etc) is that it grow much faster than any other traditional Asset classes such as Stocks, Bonds, Gold and Real Estate.

This is the Information Age and in the Information age, You can be rich at the velocity of thought if you want……….. And this is the best Example I think. This fellow has developed a Web Property in just 2 years and sold it for US $ 15 Millions.

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02) How much is the Net Worth of your Blog?

03) Valuation of Web Property (Web Real Estate)

04) My (Web) Property's Valuation (Net Worth) has increased 20% in 20 Days only