Johns Wu of Bankaholic.com sold Bankaholic.com to the the BankRate.com for whooping US $ 15 Million….!!!!
The following news was published in Mid-2008, the middle of the Recession in various Media.
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.
Read the More Detail about this Transaction on the Article,
The Blog Bankaholic.com sold for US $ 15 Million
Johns Wu is living in Great Los Angeles Area, California and he is in his early thirties and of course, he is retired now.
Wu started his Blog just 3 years back and within 3 years, he turned his blog into a multi-million dollar fortune. John Wu is the sole employee, CEO and founder of the Blog Bankaholic.com.
This shows that, it is possible to retire in your thirties and forties in the information age. No need to work hard until the age of 65 years. You can make your fortune in just 5 years in the Information age and than take the early retirement whenever you want.
There are several Internet Entrepreneurs around the world who are in their early thirties and have taken the early retirement. and now they are travelling the world and enjoying their life. So if you want to become wealthy in very young age than start your own Business in the Information age.
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