Saturday, December 15, 2007

Would You Marry for Money? (And If So, How Much?)


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Tell the truth, would you marry for money?
clipped from blogs.wsj.com
Robert Frank’s wealth column
ooks at the growing number of men and women who want to tie the knot for assets, rather than love.
According to a survey by Prince & Associates, a Connecticut-based wealth-research firm, the average “price” that men and women demand to marry for money these days is $1.5 million. The survey asked people nationwide: “How willing are you to marry an average-looking person that you liked, if they had money?”
The column sites an infamous personal ad posted on Craigslist this summer, in which a twentysomething New Yorker who described herself as “spectacularly beautiful” wrote that she was looking for a man who made at least $500,000 a year. She’d tried dating men earning $250,000, but that wasn’t “getting me to Central Park West,” she said. (One investment banker replied that since his money would grow over time but her beauty would fade, the offer didn’t make good business sense.)
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