The Fortune 500 list is out, but which companies' employees are spending their fortunes on love? This week, SeekingArrangement.com released its list of the Top 15 Fortune 500 companies with the most Sugar Daddies ranks, with Goldman Sachs leading this year's list.
SeekingArrangement.com, a dating website, has named the top 15 Fortune 500 companies employing Sugar Daddies. Based on a six month-long study on Sugar Daddy Occupations, the website revealed that one in four of its American Sugar Daddy members are employed by a Fortune 500 company,with Goldman Sachs employing the most Sugar Daddies, with 479 on its payroll.
When you work for a Fortune 500 company, you have a greater sense of financial stability than most people in America, says Brandon Wade, founder and CEO of SeekingArrangement.com. Coincidentally, one of the perks of being in an executive position at one of the nation's largest companies also happens to be the only requirement for being a successful Sugar Daddy: a disposable income.
The following companies are the Top 15 Fortune 500 Companies with the most Sugar Daddies under their employment according to rank.
Ranking - Company Name - # of Sugar Daddies employed - Fortune 500 2013 Rank
1.) Goldman Sachs Group479RANK: 68
2.) Phillip Morris431RANK: 99
3.) General Electric 387RANK: 8
4.) Pfizer363RANK: 48
5.) U.S. Bancorp294RANK: 132
6.) Wells Fargo260RANK: 25
7.) Eli Lilly132RANK: 130
8.) Boeing 121RANK: 30
9.) United Health Group104RANK: 17
10.) Valero Energy 99RANK: 9
11.) Bank of America Corp92 RANK: 21
12.) Honeywell87RANK: 78
13.) Apple 73RANK: 5
14.) Ally Financial 68RANK: 221
15.) Liberty Mutual Insurance59RANK: 81
According to Seekingarrangement.com,the average U.S. Sugar Daddy makes approximately $275,301 annually, which is more than the average annual salary of a Fortune 500 executive, at $144,000 annually. In the most recent poll conducted on occupations, 10 percent of Sugar Daddies reportedly hold executive positions, 21 percent are in professional positions, 16 percent are in finance and 5 percent are in legal.
The general public has this glamorized depiction of what a Sugar Daddy is, andmost wouldn't suspect that the Sugar lifestyle is so prevalent in Corporate America, says Wade. But the reality is that Sugar Daddies are real people, people you probably know, working behind the scenes with brands you recognize.
Wade is a former employee of three different Fortune 500 companies: Booz Allen, Microsoft, and General Electric. In 2006, he chose to go into the business of love over corporate America when he launched SeekingArrangement.com. He is quoted in Forbes as saying: As a shy MIT nerd who was never kissed until 21, my 'aha' moment came when my mother told me to focus on my studies, because one day when you're successful and generous, the girls will come.' That's what prompted me to create my dating websites where women now outnumber men 10 to 1."
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