Sergei Putanov: I would not even spend $100 for DigitalDubai.com

Russian domainer and billionaire, Sergei Putanov

Almost a year ago, we talked about Russian billionaire domainer Sergei Putanov and his plans to build Dubai-Florida.

At that time, Sergei Putanov explained how he would not spend $900,000 on the domain name DigitalDubai.com.

Surprisingly, the domain was just sold on Bido.com for a mere $98.

Sergei Putanov contacted us with a statement:

“I stand by what said May last year. Domains dime a dozen, business building better and important. I laugh hard with original offer, seller was drunk to ask $900,000 for domain. Now I used proxy bidder for $98 and that’s a savings of $899,902. Spasibo balshoye, Bido!”

While we could not confirm that Sergei Putanov was indeed the high bidder, as Bido respects the private data of its bidders, we can assure you that Sergei Putanov – a self-made billionaire and domain entrepreneur – is a respectable man in Russian elite circles.

In August of last year, Sergei Putanov discussed domain development strategies in Russia, giving domainers an important piece of his entrepreneurial mind.

Lastly, in December of 2010 Sergei Putanov was announced as the primary investor behind the newly introduced gTLD Dot .communism – one of the first such approved gTLDs by ICANN.

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