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Second Life millionaire 'Anshe Chung' interviewed

Thursday, December 21, 2006 | 09:07 AM ET

Some of the world's wealthiest people have made their fortunes in real estate. People will always need land and there's only so much of it to be had, the prevailing wisdom goes.

So it can be hard to fathom how a person could amass wealth by selling virtual real estate inside a man-made virtual world, where the digital landscape is effectively limitless - when you start running out of space, you can just create more.

But Chinese businesswoman Ailin Graef says she has become a real-life millionaire with a $10 US investment as land baroness Anshe Chung, her identity in the online world Second Life.

CNET News.com's Daniel Terdiman interviewed Graef about her business and her views on China, censorship and the future of virtual worlds in a two-part interview.

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Ariel

Newfoundland

I am a Second Life "resident" and currently owns land. I did not purchase an island and sold it to other people, I am a simple customer.

I have seen, heard and read on the news about Anshe Chung and her success but another aspect of her success story should have been exposed, the unsatisfied customers that were not satisfied but also [allegedly] scammed and I use this term loosely.

Many of my friends in Second Life dealed with her and left with a sour taste of her business in real-estate.

Posted December 27, 2006 12:43 PM

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