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Do riches give women better sex lives?
A survey released today by Prince & Associates in collaboration with wealth consultant Hannah Grove found that 70% of today’s multimillionaires said being wealthy gave them “better sex.” (You can request a free copy via email here.) A majority also said wealth gave them “more adventurous and exotic” sex lives.
The survey polled nearly 600 men and women with net worths of more than $30 million and a mean net worth of $89 million...
The survey’s most-surprising findings relate to the impact that money has on the sex lives of women...Among the respondents, nearly three-quarters of the women surveyed (about 150) said they’d had affairs, compared to about 50% of the men. While the male numbers are in keeping with findings for the broader American population, the figure for women is almost twice as high as the national average, according to sex researchers. (More than half of all the men and women surveyed had been divorced at least once.)
Fully 63% of rich men said wealth gave them “better sex,” which they defined as having more-frequent sex with more partners. That compares to 88% of women who said more money gave them better sex, which they defined as “higher quality” sex.
“This tells us that the women as a whole receive more sexual benefits from wealth than men,” says Ms. Grove.
The article has more, but this is a family blog...
Posted by Tyler Cowen on January 23, 2007 at 10:41 AM in Data Source | Permalink
Comments
Maybe it's their sexual behavior which helped them achieve their multi millionaire status in the first place...
Posted by: Paul at Jan 23, 2007 11:28:44 AM
I don't believe it.
Shumthing wrong, shurely. This is one of those media stories that I just don't believe - I'm pretty confident (from other knowledge about male female differences in psychology) that it must be misrepresented, incompetent, or confounded or what. But I am almost sure it isn't right.
This could be bias of the kind that Robin Hanson crusades against. But I am so sure of my opinion that I can't be bothered to find out more about the background to the story. Naughty me.
Posted by: Bruce G Charlton at Jan 23, 2007 11:36:21 AM
I don't think the findings are that surprising.
Many of the women in that wealth bracket are 'trophy wives' who are clearly more attractive than the average wife. Because of this they qualify for the desire of more men for extra-marital activities. Moreover, they most likely have more time to pursue affairs because they do not need to work as often as the average woman.
Posted by: Alex at Jan 23, 2007 11:36:43 AM
More and/or better sex, but judging from the adultery rates, one would assume worse overall romantic and marriage relationships. But maybe it doesn't matter to them. After all, if they are so interested in money, they probably place more importance on the purely material aspects of the relationship, as well.
Posted by: Thelonious_Nick at Jan 23, 2007 11:50:54 AM
Interesting. Is there data whether people who don't need jobs (independently wealthy/homemakers) have more sex (or cheat more)?
Posted by: eric at Jan 23, 2007 12:08:08 PM
Mmmmmm.... pool boys.
Posted by: Jacqueline at Jan 23, 2007 12:14:34 PM
If you read the article, you will see that it mentions how the women polled were not trophy wives, and the sex is not related to pool boys or other help. The women are independently wealthy and are having affairs with business colleagues.
Posted by: Nathan Whitehead at Jan 23, 2007 12:50:24 PM
Let's not forget the disparity in the cost of having affairs for men and women. If the husband cheats and the wife elects to divorce him on these grounds she receives a very generous settlement, prenups notwithstanding. If the wife cheats and the husband elects to divorce her on these ground, again she receives a very generous settlement, prenups notwithstanding. In the event of long marriages, the settlements can be very onerous indeed – see for instance Jack Welch’s. This actually argues for a higher propensity of non-trophy wives to cheat, since trophy wives tend to enter the relationship late in their husbands’ careers and have smaller settlement potential. Thus we have a solid economic reasoning for the disparity.
Posted by: djg at Jan 23, 2007 12:54:09 PM
Maybe the women were contrasting their wealthy sex to a lower initial baseline.
Posted by: Megan at Jan 23, 2007 2:24:27 PM
That sounds more likely, Megan, than the "trophy wife" hypothesis. These wealthier women are unwilling to limit themselves to average or below-average sexual partners. This unwillingness to accept a lousy lot is probably what made their business careers so successful in the first place.
Posted by: Jackmormon at Jan 23, 2007 3:52:33 PM
Possibilities:
1). Poor females cannot attract male gold diggers.
2). The old stereotype of the lonely wife whose rich husband is never around may be accurate.
3). Social stigma for women admitting to having had affairs decreases as the women become rich at a greater rate than it does for men.
4). As Dig says, incentives:
--Cheat, get caught, get divorced = money
--Cheat, get caught, don't get divorced = free pass for future affairs
--Cheat, don't get caught = future affairs
--Don't cheat = lousy sex
Posted by: bristlecone at Jan 23, 2007 4:57:20 PM
I firmly beleive the "I can't be bothered to click the link and will therefore insist on articulating my stereotypes about female and male sexual behavior and interests" theory, which seems to have a lot of evidence to support it.
Posted by: Barbar at Jan 23, 2007 5:48:07 PM
From what I can tell, the pursuit of sex and the pursuit of money have a lot in common.
Neither are hard to get (barring big educational or physical disadvantages)
Highly motivated people do get a lot of both
Both are, in my opinion, similarly unfulfilling
Both can win someone (usually men but increasingly both sexes) respect, admiration and envy
... and then in the case of women (in today's social climate), the sex might actually lead to the money in some cases. I imagine that to succeed in business, a woman has to play a similar game to the one that the businessmen play. And since there is still a relatively small supply of women in the upper echelons of the business world, one might expect them to have more sex/affairs (for instance, if there are 2 men for every woman, the women will have to have sex twice for the men to have sex once).
Posted by: Aaron Fix at Jan 23, 2007 7:13:54 PM
As I said a while ago in a semi-related screed, "I’d hazard a guess that in the (few) cases where women have attained a real measure of wealth or power, they have little trouble finding younger people to sleep with them, if that’s what they want. You might be surprised, for example, at the number of Margaret Thatcher’s underlings who had the hots for her."
Posted by: Kieran at Jan 23, 2007 9:50:37 PM
I believe that the amount of assertiveness and unconventionality that would be more helpful for a woman in the business world would be a great asset in participating in sex of a superior caliber.
Posted by: Michael Foody at Jan 24, 2007 7:08:20 AM
Maybe to far out there, but I believe that education (as in: the difference
between high school and college level) explains a lot of variation in female
sexual activity and wage income. Guys who have a lot of sex are kings,
everywhere and every time. Promiscuous girls are just 'sluts' if they are
from lower socio-economic backgrounds, but at college (at least, at my
liberal European university, that is) a girl has to sleep with a lot, a
lot of guys to be called a slut.
In other words: higher education somewhat lifts the constraints on female
sexual behavior.
Posted by: JSK at Jan 25, 2007 12:34:54 PM
As Cat Stevens said, "I'm looking for a hard-headed woman." Maybe gold-digging men are sincerely turned on by the confidence and capability of successful women in a way that gold-digging women aren't? Or maybe any guy with his head on straight is looking for a hard-headed woman so these gals have more suitors than wealthy men. Maybe also this greater number of male suitors is abetted by a greater promiscuity by men in general (which I think the article saiys is fact, not stereotype).
Posted by: Crasshopper at Feb 8, 2007 3:27:32 AM
Did no one notice that there is no mention of the difference in stress level (for men & women)? Sure there's the power, etc. But there's also the fact that these people have servants to take care of their houses, their children and other aspects of their lives. They don't have to worry about the "little things", so they are free to do as they please. Which, in this case would be the pool boys and gold diggers. If I didn't have to rush home every day to make dinner and take care of house & kids, I might feel like joining the mile high club, too.
Posted by: Sea Level at Feb 12, 2007 11:36:08 PM
on a personal note..and just a thought..with all this free time they have...just maybe they are horny and like to have sex
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