This Country's Name Makes Them $5 Million Per Year

We explore how Tuvalu earns most of its income from the “.tv” internet domain, which was assigned to the country when the web expanded in the late 1990s. We learn how licensing the domain brings in around five million dollars a year and has helped fund Tuvalu’s UN membership, roads, schools, and electricity for its outer islands. We also discuss how Tuvalu was formerly known as the Ellis Islands and how that name would not have created the same opportunity.