There is a dating crisis facing rich women today.
This article correctly notes that
the vast majority of millionaire men, 79.6 percent, seek out non-millionaire women, while 84.5 percent of the female millionaires would prefer to date another millionaire.
Women want to date a status equal-or-better? That status is measured in dollars? You don’t say!
Obsession with significant digits aside, it goes on to mis-attribute the cause:
“one of the reasons rich men don’t want to date rich women is because they want a partner they can take care of.”
Obviously bunk. Men, internet article and survey confessionals aside, do want to be providers, but that’s not the primary driver of partner suitability. Otherwise, there’d be a hot dating market for homeless, mentally unstable, alcoholic mothers. That being empirically not the case, we are forced to search for other reasons that men want to date women other than millionaires.
Fortunately, this article can be easily fixed by correcting that sentence to this:
“one of the reasons rich men don’t want to date rich women is because they want the most attractive partner they can get, and millionaire women tend, on balance, not to be attractive 20-somethings.”
I’m a bit incredulous that the author didn’t index the study against relative male and female attractiveness. We can also dispel the myth of men being ready to victimize women at the drop of the hat. As Dalrock noted, women are more likely to divorce to upgrade than men are. That might also account for this little behavioral quirk:
Eighty-two percent of the female respondents said they would insist on a prenuptial agreement, while only 17.4 percent of the male respondents would do the same.
Reading this article made me think of trying to teach someone to drive a car without informing them of the gas pedal. Sooner or later, someone will start asking “so what?” about these oh-so-interesting factoids.
Unfortunately for women, with a reported 63% of North American millionaires being men and 37% being women, the women have a big problem:
Overall eligible female millionaires outnumber eligible male millionaires (eligible defined as “wanting to date other millionaires”) by 2.5/1. Uh oh!
Hypergamy is for the little people. Until it’s not.
I actually think that instead of finding attractive 20-somethings who are broke, the millionaire men should try to find the most attractive millionaire women they can get. Even though I still believe that most women are good people and not gold digger frivorcees, the type of broke woman who wants to marry a millionaire is also the type of woman who wants cash and prizes in a frivorce. Therefore, if a millionaire man marries a millionaire woman, he can reduce the risk of being frivorced, and eliminate the risk of losing half of his money.
Point being the issue is that men typically don’t factor finances nearly as much into their decision making process as women do, and the article mistakes this for provider-focused-behavior, when in fact it is merely the pursuit of a whole other set of objectives–namely, T&A and good wifey potential.
^^^^^Good point in the comment above. This is what Paul McCartney did after he got screwed by Heather Mills.
Women who chase someone else’s money are idiots. I would rather make my own millions because beauty fades. Also, the reason why women would seek an equal in the cash department is obvious: she doesn’t want a moocher. Women take care of children, a man isn’t a child and no woman wants a child-man.