And… the bronze medal goes to Malaysia with 42,500 sugar daddies in the country.
The world’s largest sugar dating site, SeekingArrangement, recently revealed its top 10 list of the highest number of sugar daddies in Asia. Surprisingly, Malaysia came in third.
Out of more than 1.6 million sugar daddies in Asia, the top 10 list reads:
- Indonesia – 60,250
- India – 338,000
- Malaysia – 42,500
- Japan – 32,500
- Hong Kong – 28,600
- Taiwan – 27,300
- Vietnam – 12,000
- South Korea – 7,000
- Sri Lanka – 5,000
- Cambodia – 3,500
Although SeekingArrangement didn’t offer much details into their case studies and database, they did explain that a high number of billionaires can be found in half of the countries on the aforementioned list.
Just last year alone, Forbes reported that Japan, Taiwan, South Korea, Hong Kong and India have approximately 288 billionaires in total. Perhaps these wealthy men are lonely in their everyday lives and can afford some exclusive company?
SeekingArrangement also suggested that rising student loan debts have also contributed to this trend. In Malaysia alone, there was an outstanding debt of RM39 billion in student loans to the National Higher Education Fund Corp (PTPTN).
SeekingArrangement CEO Brandon Wade explained, “A platform like SeekingArrangement helps connect young and empowered women with wealthier, more affluent men who not only bolster their financial woes but act as a mentor or gateway in catapulting a promising future for these sugar babies.”
In recent years, more of the younger generation have also been leaning into the sugar baby-sugar daddy trend. Besides earning extra cash, who doesn’t like to be lavished with the finer things in life?
Source: Malay Mail.