Monday, February 23, 2015

My heart belongs to daddy describes itself as “the world’s largest online-dating website,” whose services are to “match wealthy benefactors seeking mutually beneficial relationships with attractive members.”

It reports “some 1.4 million students are logging on … in search of a Sugar Daddy,” wealthy men who provide them with a monthly allowance, in some cases, thousands of dollars, including to pay university fees.

The founder and CEO, Brandon Wade, a Singaporean with engineering and graduate business degrees from MIT, has founded other dating websites,, and SeekingArrangement is the best-known and operates in the US, the UK, Canada, and Australia.

In Canada, the average student monthly allowance is C$2,615, but in Toronto, it’s $4,898. It’s reported 55 students from the University of Calgary and 38 from the University of Alberta have “sugar daddies,” while the University of Toronto and McGill top the list with 195 and 161, respectively.  (more...)

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