Man Who Made $635k In Virtual Property Making More Virtual Property
Escapist Magazine
Jon Jacobs sold his Club Neverdie in Entropia Universe for $635000, and is bankrolling a new virtual world called Next Island.

Not many people thought it was a good idea when Jon Jacobs mortgaged his house and purchased virtual real estate in the Swedish-based Entropia Universe for $100,000 back in 2006. But when he built a functioning business model that brought in $64,000 annually, his purchase seemed less crazy. This year, he sold off the bulk of Club Neverdie to an Entropia user named John Foma Kalun for $335k while also selling off pieces of his asteroid to twelve others for another $300k, bringing the total proceeds to $635,000. That amount of cash is nothing to sneeze at, but he's not letting it go idle. Entrepreneur David Post recruited Jacobs to help him build a new virtual world within the Entropia Universe called Next Island, which has been under construction for the the last three years with technology from MindArk, the people behind Entropia. Next Island is free to play, and officially opened its doors to the public on December 10th.