Name Alex Tew Website: MillionDollarHomepage.Com
Age at the time: 21 years Time taken: 5 monthsThe
innovative idea of creating The Million Dollar Homepage crossed Alex
Tew’s mind while he was still a student at the University of Nottingham;
and needed money to fund his further education. Originally from
Wiltshire, England, Alex was looking for something that could get him
quick money and prevent him from applying for an educational loan.
The
Million Dollar Homepage is a web page which consists of a million
pixels fixed in a 1000 × 1000 pixel gird. Alex sold the image-based
links for $1 per pixel in 10 × 10 blocks. He offered people a minimum of
100 pixel block for $100; and these pixel blocks, while hovering the
cursor, displayed tiny images that contained the title/slogan as well as
the URL of the respective websites.
Alex launched his website on
26th of August and tried selling the pixels through the word of mouth.
Three days later, one of the TV journalists of BBC noticed it and it
instantly became an Internet Phenomenon. On 1 January 2006, Alex put up
its final 1,000 pixels on eBay for auction; the bid closed on 11th of
January paying him $38,100 that brought his total income to a staggering
$1,037,100 in gross income.
It took Alex less than 5 months to
become a millionaire and according to The Wall Street Journal his
achievement initiated the new era of display advertising.
Source: World's 10 Fastest Internet Millionaires
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