Why do rich men get married? (older, partner, wedding, relations)

[mikejj2004]

Originally Posted by Braunwyn

This doesn't lend anything to my question, tho. Why should a professional woman marry and risk losing out financially?

I don't accept the premise of your question which is that women have more to loose than men in marriage. I would say 95% of self-made people above $1M in liquid assets are men and 99% above $10M+ are men. Most women in general are spenders and don't accumulate massive net worths, even if they are "professionals" with high incomes.

[Thursday007]

And again he skips the questions ha ha.

[mrstewart]

Originally Posted by mikejj2004

I don't accept the premise of your question which is that women have more to loose than men in marriage. I would say 95% of people above $1M in liquid assets are men and 99% above $10M+ are men. Most women in general are spenders and don't accumulate massive net worths, even if they are "professionals" with high incomes.

tsk, tsk...you just opened Pandora's Box...now you get to explain why professional women who work the same jobs as men with the same educational backgrounds are not paid the same salaries and bonuses...perhaps more women would be millionaires if this changed

BTW, I would love to see the stats on gender breakdown...any links?

[Thursday007]

Here, for the third time, your original post does not address these facts. Can you?

Originally Posted by Thursday007

Yet there is no citation regarding how long they were married, if she is a contributor, and the big one - were they together before they became wealthy - and I say 'they' very firmly. A lot of women support their husbands while they expand their empire and a lot of men marry women who were wealthy before they wed as well.

[Braunwyn]

Originally Posted by mikejj2004

I don't accept the premise of your question which is that women have more to loose than men in marriage. I would say 95% of people above $1M in liquid assets are men and 99% above $10M+ are men. Most women in general are spenders and don't accumulate massive net worths, even if they are "professionals" with high incomes.

Here's a news flash for you. A. Most people are not wealthy (in terms of millions) and never will be. I'm sure most people are just like you, getting by, saving what they can within their means. B. your assertions about women, spending, and investing are myths.

For example...

"Myth 1: Women aren't as good at investing as men.
Fact: Research suggests that while, in the majority of families, men make the investment decisions, they may want to consider inviting their wives' opinions. According to one study, women typically know less outright about investing but make fewer mistakes when they do invest. Men tend to be more enthusiastic investors, but are much more likely to invest without careful research -- perhaps the reason for making mistakes such as holding onto a stock too long.

Myth 2: Women are bigger spenders than men.
Fact: The percentage of compulsive shoppers amongst men is the same as for women -- under 6% -- and yet, talk about a shopaholic, and one would most likely picture a woman. In truth, the biggest spenders are single men, who outspend their female counterparts on cars, alcoholic beverages, eating out, tobacco, and A/V equipment. In addition, these fun-loving guys carry slightly more median credit card debt on a yearly basis than their female friends."
5 Persistent Myths About Women and Money

Again, as a professional woman, who works with other professional women, sex and finances are not why we married. To assert that we shouldn't marry because we can get sex and don't need any money is as assinine as stating a man should not marry because he can pay for sex and save his money. That is not why people marry.

[Braunwyn]

Originally Posted by mrstewart

tsk, tsk...you just opened Pandora's Box...now you get to explain why professional women who work the same jobs as men with the same educational backgrounds are not paid the same salaries and bonuses...perhaps more women would be millionaires if this changed

Women do earn less than men on average for a host of reasons: career interruptions due to child birth/rearing; career choices (professions that simply pay less); and women do earn slightly less than men in the same field with the same education, experience, etc. The last point is changing, tho, ime at least. I can only draw on my experiences because I'm not a sociologist, but pragmatically approaching a career (and marriage imo) diminishes disparity. There are professions and companies that offer excellent family benefits. At my particular site (international co) a day care center is on the table, which would be excellent for working moms and dads. Of course they offer maternity leave as well as paternity leave.

[mikejj2004]

Based on what I've seen in life there is a 20:1 ratio of men to women in technology, finance and business professions. Go on any dating website and you will see that 9/10 women want to work in healthcare, teaching, art etc so don't blame men when it has NOTHING to do with us. I work in technology, and women would have a huge advantage here just due to being so little of them but yet theres only 1 for every 20 guys.

[Braunwyn]

Originally Posted by mikejj2004

Based on what I've seen in life there is a 20:1 ratio of men to women in technology, finance and business professions. Go on any dating website and you will see that 9/10 women want to work in healthcare, teaching, art etc so don't blame men when it has NOTHING to do with us. I work in technology, and women would have a huge advantage here just due to being so little of them but yet theres only 1 for every 20 guys.

As I noted in my previous post, clearly women, in general, choose professions that result in less income. I suspect we'll see significant changes in decades to come. With that said, I specifically noted professional women in my question to forgo the norm, just as wealthy men forgo the norm, which is the topic of this thread. eta: So, I don't know why it's not fitting to include successful women in the conversation.

[NotARedneck]

Its their last practical joke.

Someone has to be first in line for the inheritance. They get a chuckle thinking about the fight over it when all the other children come out of the woodwork, when their estate is prorated.

[mango tango]

I think the OP's real question is "why do rich men get married when they can have a stable of girls at their beck and call at all times?"

That's a decent question. After all, many men like lots of sex with lots of girls. Many girls like lots of money. A rich guy could have a different girl a week - some do.

Rich men get married for the same reasons most people do. Love, stability, comfort, etc.