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A good background article on him: http://thebigchair.com.au/news/insight/nick-bolton http://thebigchair.com.au/news/insight/nick-bolton "Bolton studied economi
by jakarta 17y ago
A good background article on him:
http://thebigchair.com.au/news/insight/nick-bolton http://thebigchair.com.au/news/insight/nick-bolton
"Bolton studied economics and mechanical engineering at Melbourne University. "I don't think I completed one unit in engineering, but I did well at economics," he says. At the same time, Bolton made money from an investment in Melbourne IT, which had a monopoly on internet and website domain names in Australia. With deregulation of that market looming, Bolton saw an opportunity.
"I started Bottle Domains at the age of 19 and became a competitor to Melbourne IT." He timed his investment well. By the following year, Bottle was an established player, and Bolton dropped out of uni to run his new business from his St Kilda flat.
He claims to have made his first million before his 21st birthday, but "it's never been about the money," says Bolton. "I live reasonably conservatively; even my clothes are not overtly expensive. I might be wearing a $1000 jacket, but with a $20 pair of shoes. I'm not driven by price in terms of what I acquire."
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