Wealth Boom Fuels New Pricing Scale For Escorts

The complaint filed in the Emperors Club escort bust, which apparently nabbed Eliot Spitzer, casts a rare spotlight on the dealings between the wealthy and high-priced escort services. (See the Journal's article on Mr. Spitzer.)

For one, the complaint makes clear that the wealth boom -- and the explosion in the number of multi-millionaires -- has created entirely new pricing levels for escorts. According to the complaint, the Emperors Club escorts charged between $1,000 and $5,000 an hour, depending on their "rankings." Clients could also pay between $25,000 and $50,000 for a three-day visit. It may be the world's oldest profession: but the prices reflect the new realities of wealth.

The escorts were well-versed in the lucrative potential of this new market. In the complaint, a prospective escort in London turns down the job based on price, saying that £500 an hour for starting escorts -- close to $1,000 an hour -- was chump change, especially since it didn't include dinner.

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Comments

[speakyourmind]

Oh so it's good for the economy. Well why didn't ya just say so? I guess it's all good then...

[wm1066]

Well, its good to see somebody is soaking the rich.
Now if the rest of us could just figure out how to get our money back!

[kendra]

FINALLY -- now we know where GWB's tax-cut $$$$ has gone.

[Ramirez]

Old Las Vegas proverb:

There is no such thing as a $1000 hooker but there are many $1000 johns.

[BobSF94117]

I used to read escort ads on the back page of one of the local rags for amusement (both humorous and prurient). The prices all went up with the dot-com boom and never adjusted after the bust.

[Leefeller]

What about the tip, have not heard if 20 percent is about right?

[Dan Stewart]

Actually, £500 is more than $1,000 -- £1 = $2.0272.

But, don't sweat it guys, the girls just charge more because they can get it. Fact is there are girls out there for every price range.

A couple of tips:

1. The same girl who's getting $1,000 /hr. today in just a few short years will find herself at a competitive disadvantage to younger, more attractive girls fresh to the business -- at which point, her only alternative will be to compete on price, offering excellent bargains with great experience to boot!

2. With a little effort and creativity, one can find excellent opportunities with pre-entry level girls -- girls that $100 seems like $1,000. These are generally, but not always, the 18 or 19 year old market. Of course, in addition to the steals available in this space, the market offers it own set of non-financial assets.

So, keep your chin up boys, and happy hunting.

[jsinclair]

What could possibly happen with a call girl in 24 hours that would be worth $31,000 to anyone?

[BobSF94117]

It's not what you're paying FOR... it's what you're avoiding: palimony, marriage, commitment.

[Ramirez]

You are also paying them for confidentiality. In fact, a large part of the fee goes to that service.

[WIpatriot]

Well, fuck me, literally.

[PacificGatePost]

The "sex in politics" sure gives this story legs....
http://pacificgatepost.blogspot.com/2008/03/sex-trumps-presidential-race-coverage.html
.
....and there's likely more to surface, so stay tuned.

[dadw5boys]

Now women have a base line to set their price at for the services of wife, mother, housekeeper, cook and sexual partner.
She can actually charge more than most husbands make in a year apparently.

[WIpatriot]

Geez, dad, wait 'til this number gets factored in to the inflation numbers!!!

[LeftVetPatriot]

Trickle down economics at it's most bankable.

[Amalek]

Wive's are like vacuum cleaners. After the first year they quit sucking.

[ibsteve2u]

You mean the Republicans spent the last 30 years warping the income inequality curve just to spend it on hookers?

lollll...so basically, in order for a Republican to get laid they have to screw all of the rest of us?


lollll...

[dadw5boys]

8 years of being screwed and not kissed once.

[WIpatriot]

This administration send Dana out about once a week to blow you a big, wet one, dad.