Britain is set to witness parties where young women agree to enter into relationships with wealthy older men in return for large sums of money, after the trend had developed quite a following in the US.
The American organisers of Sugar Daddy Parties, where mutually beneficial arrangements are struck, are now seeking venues in London.
Denying that they were encouraging prostitution, the organisers said that they already have thousands of British “sugar babies” in their late teens or early twenties waiting to meet rich patrons, so that they can pay their university fees or fund glamourous living.
“We have perfected our parties and are ready to launch in even bigger markets like London,” the Telegraph quoted Brandon Wade, chief executive of Seeking Arrangement as saying.
While some guests struck lucrative deals on the spot, others exchanged phone numbers in these parties.
“$500 per date is common,” Wade said. “But we know of arrangements worth $10,000 and $20,000 a month.”
Wade claimed that two of the top 10 from Forbes magazine’s list of wealthiest American billionaires are members of his site.