Sure, if you lack your spine and moral compass. The business model is as follows:
1) Make a free add-on and have it gain popularity.
Then, either:
2a) Inject malicious code into it that delivers malware/advertisements, making you money.
or:
2b) Sell your add-on to a third party that will do 2a). If your add-on is popular enough, potential buyers will come to you themselves.
Other than that, no, I don't think you can monetize an add-on directly.