Okay, we’re not condoning this by any means, but it seems a lot of young people are leaning towards the sugar baby-sugar daddy trend these days.
What better way to earn extra pocket money than to become the companion of a rich and lonely man, right?
Well, judging by the latest numbers, it looks like there are tons of rich and lonely men in Malaysia.
World’s Largest Sugar Dating Site, Seeking Arrangement, recently revealed that Asia is home to more than 1.6 million sugar daddies.
While this figure is quite telling, what is even more telling is the fact that Malaysia ranks quite high in the list when it comes to the number of sugar daddies in a country.
According to their study, there are approximately 42,500 sugar daddies in Malaysia – placing us in third place on the list.
India and Indonesia occupy the first two places, which are home to 338,000 and 60,250 sugar daddies, respectively.
Japan (32,500), Hong Kong (28,600), Taiwan (27,300), Vietnam (12,000), South Korea (7,000), Sri Lanka (5,000) and Cambodia (3,500) .
While Seeking Arrangement did not reveal the parameters of their study, however, they published their theories on the rise of sugar daddies in Asia.
They found that half of the countries on the list have a high number of billionaires.
According to this report Forbes, Japan, Taiwan, South Korea, Hong Kong and India total 288 billionaires combined in 2020.
We don’t know how it works, so maybe the math is this: more billionaires = more lonely people in the world = more sugar daddies looking for a mate?
Another theory suggested by Seeking Arrangement is that more and more students are victims of high debt.
For example, the World Economic Forum reported that Malaysian students owe a total of RM 39 billion in unpaid debt to the National Higher Education Fund Corp (PTPTN).
Some of the countries on the list, namely South Korea and Japan, are also facing similar problems as more and more students in these countries are opt for private education.
With students finding it increasingly difficult to survive, offering their time and attention to a wealthy man in exchange for a little extra cash is a bargain (pun intended).
However, we find the need to emphasize that Seeking ArrangementThe s survey was not really conclusive and a bit fishy, as they did not disclose the methods they used to obtain data for the survey, nor the number of participants who participated in the survey. investigation.
So, we suggest you take this news with a pinch of salt (sugar?).
In the meantime, check out this video we made on sugar babies in Malaysia: