When we were little, our grandpa used to tell us stories about the olden days. "Used to be, you could get a hooker for a dollar!" he'd say. "Those were the days." Sigh. If Grandpa had seen the complaint filed in the bust of Emperor's Club — well, he'd have about keeled over. The preferred escort service of former governor Eliot Spitzer, according to the complaint, charged between $1,000 and $5,000 an hour. And, as one potential prostie was heard to complain, that didn't even include dinner. Inflation affects even the oldest profession, and according The Wall Street Journal, the "wealth boom — and the explosion in the number of multi-millionaires — has created entirely new pricing levels for escorts." Of 661 people who own private jets, a survey from Prince & Associates, a Connecticut-based wealth-research firm, found, 34 percent of males and 20 percent of the females had paid for sex. And that's just of people who owned private jets. If you apply those percentages to, say, people who own BMWs, that's enough to skew the numbers for everyone. But at least one thing remains the same since Grandpa's* day: The most popular reason the people surveyed gave for using escorts was “unique experiences."
How the New Rich Are Changing the Oldest Profession [WSJ]
Earlier: You Can Say This About the Girls of the Emperor's Club: They're No Morons
*We made this bit up. Our real Grampy, God rest his soul, was a wonderful man and a devout Catholic who never ran with loose women. With the exception of his second wife. But they were married.