You can’t make this up…
March 5th, 2010
According to Domain Name Wire, French cosmetics giant L’Oreal has bought the domain name makeup.com for a seven figure sum.
The domain was sold in a private auction, and one of the other participants tells the news blog that he gave up when they reached a low seven figure sum.
Meanwhile, Newfound Names reports that a huge domain sale has taken place. The super premium name autoinsurance.com has changed hands from its former owner in the United Kingdom to InsuranceBroker.com LLC.
A source tells the blog that the domain made $40,000 a month just by parking. Newfound Names therefore figures the sales price was at least $5 million and probably more.
There is still some serious cash to be made by those who were awake in the mid-90s 
