The Million Dollar Homepage was created by a 21 year old middle-class undergraduate living in a messy student digs and who drinks a lot of coke (don’t know why you need to know the coke fact, but that is taken from the news article where I found this website link, http://www.timesonline.co.uk).
All the website is, is a homepage with loads and loads of mini advertisements on it that takes a long time to load. But, the guy is making thousands of dollars off it everyday! He charges $1 per pixel and there are 1000 000 pixels on the page to buy. Quite a crafty idea, got to give him that! He has now sold 999 000 pixels, and is not satisfied with the 1000 last pixels going for $1000, so is auctioning them off on ebay!! The nerve!! The current bidding price for those last 1000 pixels is around $160 000.
Visit the site and wait an eternity for it to load.
P.S. I have just been to his blog, which is linked to the home page. It is INSANE how quickly and easily this guy has made his money. Definitely worth reading.