Charlotte Divorce Lawyer Blog
Charlotte Divorce Attorney Matthew R. Arnold of Arnold & Smith, PLLC answers the question “What does uncontested divorce mean?”
As same-sex couples in the Tar Heel State and elsewhere fight in courts and legislatures for the right to marry, other people have been seeking “mutually beneficial” relationships short of marriage.
According to the chief executive officer of one Charlotte company that links older men looking for “love” with young women looking for money, the “sugar daddy” business is booming.
Brandon Wade, founder of SeekingArrangement.com, told WBTV that a “sugar daddy” is a man who is both successful and generous and who is willing to foot the bill for a high-class lifestyle for a young, attractive person, in exchange for that person’s friendship or companionship. Data gathered by SeekingArrangement shows that about one per every 250 Charlotte men is a sugar daddy.
Old is, as the saying goes, in the eye of the beholder, and the average sugar daddy may not be as old as some suspect. Wade said the average North American sugar daddy is about 44-years-old and has a net worth of just under $8 million. On average, sugar daddies spend about $4,000 per month on their sugar babies.
Charlotte-area sugar daddies make around $250,000 per year and are worth some $4.1 million, on average. They spend just over $3,000 per month on their sugar babies.