How many prossies become millionaires?

[Sailormack]

Bottom line is they would rather spend the cash on shoes 

And don't forget the 2 grand handbags

[vorian]

Bottom line is they would rather spend the cash on shoes 

99.9% yes of course but not all imho.

[Sailormack]

I don't know, thirty is not to old for a woman to have kids and as a millionaire she wouldn't have any problem adopting from abroad if she wanted. No need to mess around with a partner or a body destroying (maybe) pregnancy.

And most women want their own biological kids when possible.

Unless you're an ageing hag on a road to self publicity 

[vorian]

Of course.

But the difficulty is then finding someone who will father your kids at 30 after you have rented your holes out for 10 + years. 

Which brings you back to square 1, pimp 

She wouldn't need to find someone to father the kid (assuming she wanted one) not with a million pound in the bank, look at all the rich celebrities who adopt nowadays.

Men are also not immune to the attraction of money, a broke, thick, active prossie will not be as attractive, as an retired prossie who is also a millionare.

[CoolTiger]

What has to be remembered is that whilst there is the potential to earn huge loads of RAW CASH, this in turn CANNOT easily be invested in any form of investment (a bank account, fixed deposit, shares, or worse still a property) as you have then laid an easy trail for HMRC to enquire the source of that income. Even buying a property requires due diligence work by Solicitors/Accountants to ensure that they are well satisfied as to where you have got the money from before they act on your behalf, whether its to act as your accountant or act for you to purchase a property.  It is a requirement for Solicitors and Accountants under MLA, Money Laundering Act.


Coming under the scrutiny of HMRC results in your Income being ascertained and then being taxed, and all your investments are then under their umbrella. Any income from them is also taxed, leaving very small imcome capable of growing into the  target of £1million.   

[vorian]

And most women want their own biological kids when possible.

Unless you're an ageing hag on a road to self publicity 

Of course you're right most women would, but for a prossie to get to this point. She would already have shown she is not like most women or even most prossies.

[vorian]

What has to be remembered is that whilst there is the potential to earn huge loads of RAW CASH, this in turn CANNOT easily be invested in any form of investment (a bank account, fixed deposit, shares, or worse still a property) as you have then laid an easy trail for HMRC to enquire the source of that income. Even buying a property requires due diligence work by Solicitors/Accountants to ensure that they are well satisfied as to where you have got the money from before they act on your behalf, whether its to act as your accountant or act for you to purchase a property.  It is a requirement for Solicitors and Accountants under MLA, Money Laundering Act.

Of course some tax would have to be paid, but as we all know the richer a person becomes the more options they have to reduce their tax liability through the use of clever accountants or the many perfectly legal, if morally questionable ways the government and HMRC allow. Everyday stories come out in the papers about how rich people and companies do this. When individuals or companies do pay their morale fair share that is often in response to political pressure as opposed to a legal requirement.

[Curious6705]

Tbh, no offence meant, I don't find it an interesting question. With punting, once I've handed the money over, that's it - it's gone. Like with investing, I don't believe in punting with money I can't afford to lose. What the WG does with it is her business not mine.

[Jerboa]

Your money is safe, as it is completely unprovable, I doubt any prossie with still be a active prossie and be a millionaire, the OP asked how many become millionaires, as a total guess and taking into account all the wg's in the country today I would put the total amount in say ten years time in single figures. Don't forget some might move onto mainstream porn and earn a lot of money that way as well.

The truth is there is very little money these days in Porn, especially in the UK, unless a big LA porn producer signs a girl to an exclusive contract, she is not guarenteed much. In fact it's the other way round, Pornstars are turning to escorting to make serious money, and some escorts have shot a few scenes so they can class themselves as Pornstar and charge more.

As for Millionaire WGs, there will be a few who are switched on and have invested their cash, rather than waste it, you do see some ladies quitting the industry after 5-10 yrs, some never return, but many do.

[smiths]

What has to be remembered is that whilst there is the potential to earn huge loads of RAW CASH, this in turn CANNOT easily be invested in any form of investment (a bank account, fixed deposit, shares, or worse still a property) as you have then laid an easy trail for HMRC to enquire the source of that income. Even buying a property requires due diligence work by Solicitors/Accountants to ensure that they are well satisfied as to where you have got the money from before they act on your behalf, whether its to act as your accountant or act for you to purchase a property.  It is a requirement for Solicitors and Accountants under MLA, Money Laundering Act.


Coming under the scrutiny of HMRC results in your Income being ascertained and then being taxed, and all your investments are then under their umbrella. Any income from them is also taxed, leaving very small imcome capable of growing into the  target of £1million.

Excellent post, i was going to post the same as i know a few people who get paid in cash but dont declare it all to the taxman. If the cash was obtained illegally like by a brothel owner there are of course additional risks if no tax was paid plus POCA. Indies who havent paid the tax they should of also face potential problems. Obviously they need someone else they can trust to help them be that a partner, friend, family or other person.

[vorian]

Excellent post, i was going to post the same as i know a few people who get paid in cash but dont declare it all to the taxman. If the cash was obtained illegally like by a brothel owner there are of course additional risks if no tax was paid plus POCA. Indies who havent paid the tax they should of also face potential problems. Obviously they need someone else they can trust to help them be that a partner, friend, family or other person.

Another good option to avoid tax for a young wg would be to keep in full time education for as long as they can, as far as I know HMRC don't often investigate students although I'm sure there will be exceptions.

[smiths]

Another good option to avoid tax for a young wg would be to keep in full time education for as long as they can, as far as I know HMRC don't often investigate students although I'm sure there will be exceptions.

Following the BBC revelations about Student Visas this might change though. Some EE WGs use Western Union and similar to get their cash home.

[vorian]

Following the BBC revelations about Student Visas this might change though. Some EE WGs use Western Union and similar to get their cash home.

True, I was thinking more about native British students. Does that still apply to them, I'm not currently up to speed on the situation.

[CoolTiger]

Another good option to avoid tax for a young wg would be to keep in full time education for as long as they can, as far as I know HMRC don't often investigate students although I'm sure there will be exceptions.

Even as a student, when applying for student loans, etc they need to provide their income.
Even if they have manged to hide most of the cash, once out of education, when it comes to making an investment, they then fall in the same trap that I posted above, i.e. having to show the source of their income/savings in order to buy even their first property. 

[finn5555]

Another good option to avoid tax for a young wg would be to keep in full time education for as long as they can, as far as I know HMRC don't often investigate students although I'm sure there will be exceptions.

What like basic reading and writing? If they are Romanian pikies that would be a start 

[CoolTiger]

In the old days, I knew of countless people who had earned a substantial amount in cash and were then able to take holidays only within the EC, as their passports were then not stamped, so difficult for authorities to track their foreign movements.

Post 9/11, every passport gets scanned at the airport, irrespective of the destination. The authorities are now fully aware of all foreign trips you make.

[Jerboa]

As has been said, if they have any brains they will get an accountant, and pay as little tax as they can get away with, so then their money is clean.

[CoolTiger]

As has been said, if they have any brains they will get an accountant, and pay as little tax as they can get away with, so then their money is clean.

Agreed, but this has to start from the time they are students at Uni, not per Vorian's view that they avoid tax whilst as students.

[Curious6705]

Another good option to avoid tax for a young wg would be to keep in full time education for as long as they can, as far as I know HMRC don't often investigate students although I'm sure there will be exceptions.

They took an interest in this young lady (30, which is what 18 in AW years?) who I think I recall being discussed on UKP.

External Link/Members Only

[CoolTiger]

They took an interest in this young lady (30, which is what 18 in AW years?) who I think I recall being discussed on UKP.

External Link/Members Only

I rest my case, m'lord!!

[vorian]

They took an interest in this young lady (30, which is what 18 in AW years?) who I think I recall being discussed on UKP.

External Link/Members Only

Point well made, it seems my suggestion regarding being a long term student would not be a good option for a prossy. Still think a good accountant can work wonders though.

[CoolTiger]

They took an interest in this young lady (30, which is what 18 in AW years?) who I think I recall being discussed on UKP.

External Link/Members Only

No tax returns submitted.... then buys a flat in Knightsbridge, of all places!!! Music to HMRC ears.
Can't get any dumber than that.

Where's Jimmy when you need him to quote about WGs paying tax??

[finn5555]

They took an interest in this young lady (30, which is what 18 in AW years?) who I think I recall being discussed on UKP.

External Link/Members Only

No brains deserves everything she got 

[MidlandsEscortxo]

Bottom line is they would rather spend the cash on shoes 

Or handbags, lots and lots of handbags!

[CoolTiger]

Point well made, it seems my suggestion regarding being a long term student would not be a good option for a prossy. Still think a good accountant can work wonders though.

Undoubtedly. but there will a limit to minimising her tax. No complex companies / off-shore havens involved, so simple but effective tax-planning made in order to pay as less tax as possible.

The point I was trying to make is that if this does not start from the time she was a student, by the time the HMRC catches up with her, there will be loads of penalties, interest, legal costs, accountants' costs involved, such that it would have been far better to have declared from day 1.

[vorian]

Agreed and a well made point, all comes down to how "Switched On" the prossy is in the first place. Again very, very rare.

[zatoichi]

I think several high profile and expensive court cases affected most of them. MC Hammer did nothing for 10 years and had a minor comeback in the early 2000s.

Yep.Plus add on divorces,unpaid tax bills with relevent fines and unscrupulous management.

[SX225]

External Link/Members Only
   
I met Annabelle a year or so ago. Seemed bright and business like - works three days per week. Been an AW member for 27 months. Charges £140 an hour. 728 feedbacks. Maybe another 500 never left feedback. 1228 punters x £140 = £171,970 income. £76, 408 per year. Expenses - hotels, condoms, wet wipes...£20,000. Yearly earnins £56, 408. Not bad for part time work but will take around 18 years to generate £1 million - assuming she didn't buy any shoes, handbags or food. Or live anywhere. If she pays taxes then maybe nearly 30 years to generate £1 million. Maybe she should consider working full time....

[CoolTiger]

External Link/Members Only
   
I met Annabelle a year or so ago. Seemed bright and business like - works three days per week. Been an AW member for 27 months. Charges £140 an hour. 728 feedbacks. Maybe another 500 never left feedback. 1228 punters x £140 = £171,970 income. £76, 408 per year. Expenses - hotels, condoms, wet wipes...£20,000. Yearly earnins £56, 408. Not bad for part time work but will take around 18 years to generate £1 million - assuming she didn't buy any shoes, handbags or food. Or live anywhere. If she pays taxes then maybe nearly 30 years to generate £1 million. Maybe she should consider working full time....

You forgot her main expense..... The Pimp managing their profile. she is part of a group of girls we've coined Louise's Girls, up to 11 of them in this group, and they claim to work as Indies, simply looking out for each other. No doubt, they are paying the profiler for maintaining their profile, bookings and answering all their PMs.

her group was the main reason I was cheesed off with PNet when they removed a thread on Louise's girls (that had been going on for nearly 2 years and was on its 4th or 5th page) when most members (who were also regular posters on PNet( were accused of touting these girls, instead of discussing them!!

[vorian]

External Link/Members Only
   
I met Annabelle a year or so ago. Seemed bright and business like - works three days per week. Been an AW member for 27 months. Charges £140 an hour. 728 feedbacks. Maybe another 500 never left feedback. 1228 punters x £140 = £171,970 income. £76, 408 per year. Expenses - hotels, condoms, wet wipes...£20,000. Yearly earnins £56, 408. Not bad for part time work but will take around 18 years to generate £1 million - assuming she didn't buy any shoes, handbags or food. Or live anywhere. If she pays taxes then maybe nearly 30 years to generate £1 million. Maybe she should consider working full time....

I see your point but you are assuming how much she works is all about AW feedback, I rarely leave feedback and many regular punters have nothing to do with AW. Say a prossy worked and I will be conservative

5 days a week 6 hour hours a day a 30 hour week, Avg rate £125 = £3750 a week. Say 6 weeks holiday a year. £172,500 per year tax at 40% (Which off course is very debatable). £103,500 a year. Without factoring in PG/Movies which can easily bring in another 6 to 10 grand a year. £20,000 expenses per year will still bring in £83,500. Would take just under 12 years to make a million in cash. Of course the very rare bright ones will invest this money as they earn it and not just stuff in under the mattress so to earn a Million in less than ten years in very possible.

[SX225]

External Link/Members Only

Interesting. Would this be the Louise in question? I saw that she was once doing duos with Annabelle.

[Roland D Hay]

I rather suspect that there have been one or two shrewd business women who have indirectly become millionaires by investing their earnings wisely. However the vast majority do not manage their finances very well and a high number do it because it's the only job they can get that will feed their addiction for high spending. It's amazing how many girls you see 'retire' only to return when they've blown all their cash.

[vorian]

I rather suspect that there have been one or two shrewd business women who have indirectly become millionaires by investing their earnings wisely. However the vast majority do not manage their finances very well and a high number do it because it's the only job they can get that will feed their addiction for high spending. It's amazing how many girls you see 'retire' only to return when they've blown all their cash.

Totally agree, as I said in answer to the OP original question, I would guesstimate maybe only half a dozen in the country at the moment would have the necessary attributes and self control to get into this position within ten years.

[CoolTiger]

External Link/Members Only

Interesting. Would this be the Louise in question? I saw that she was once doing duos with Annabelle.

Yes that's the one.

They have high FB because they INSIST on an AW booking, before seeing you. Topic widely discussed. at one point tried to keep up with their portfolio, but too many changes to follow.

https://www.ukpunting.com/index.php?topic=23573.msg346971;topicseen#msg346971

https://www.ukpunting.com/index.php?topic=9239.msg137001;topicseen#msg137001

https://www.ukpunting.com/index.php?topic=11413.msg169884;topicseen#msg169884

[Mara]

But have you ever met one that doesn't waste most of the money they make?
I certainly haven't. It's written all over. They lose all sense of value very quickly.

I think it depends. If a WG starts her career at a very young age and never did a civic job with a basic salary she might think that earning £100 per hour is normal. Women who worked in a low/normal paid civic job before or only escort part time next to a civic job should know how hard it is to make £100 per hour in the real world and hopefully think twice before spending it on drugs, 100 pair of shoes and handbags, 7 holidays a year etc.

Of course this only applies if the lady has a brain and common sense.

However, I doubt that it would be easy to make millions just with escorting and stashing the cash away but there shouldn't be any excuse for being skint after years of working in this "profession"

[RandyF]

No doubt there's some very smart business minded whores out there, who have a viable plan, stick to it, make whoring work for them, & crucially leave the industry relatively quickly & go on to live happily ever after.

I just doubt those sorts are ever likely to be selling there arses on Adult Work.

[Roland D Hay]

Women who worked in a low/normal paid civic job before or only escort part time next to a civic job should know how hard it is to make £100 per hour in the real world and hopefully think twice before spending it on drugs, 100 pair of shoes and handbags, 7 holidays a year etc.

Of course this only applies if the lady has a brain and common sense.

Yes, this doesn't just apply to prossies, I gave my ex wife £120k as a divorce settlement and she had spent every penny of it twelve months later. Some women are just high maintenance and this was despite the fact that she worked in a moderately paid civic job.

[akauya]

Yes, this doesn't just apply to prossies, I gave my ex wife £120k as a divorce settlement and she had spent every penny of it twelve months later. Some women are just high maintenance and this was despite the fact that she worked in a moderately paid civic job.

Fuck!! Imagine all the punts you could have had with that

[vorian]

No doubt there's some very smart business minded whores out there, who have a viable plan, stick to it, make whoring work for them, & crucially leave the industry relatively quickly & go on to live happily ever after.

I just doubt those sorts are ever likely to be selling there arses on Adult Work.

Interesting you say that, AW is a free advertising service which reaches the largest number of potential customers of any site. They can earn lots of extra money through PG/Movies it is relatively user friendly and has no real competition. Seems to me the "very smart business minded whores" would be sure to use AW.

[Dani]

I doubt very many at all.  Half the ones I know earn a set amount a week then when they have earned that they take a few days off and go shopping.  The other half either have kids to support or just work part time.
It can easily be done if one worked a lot of hours a day every day and shopped frugally and didn't waste money on designer gear and never took time off but many are younger and just want to have fun with their money while they can and don't realise that long term investment is a far better idea as instead of having fun now you can spend the rest of your life in a comfortable manner.  They also don't realise that there could be many reasons why they can no longer work and earn as much, such as illness, disability or just getting older

Desiner shoes and handbags may look nice but they wont support you in old age

[RandyF]

Interesting you say that, AW is a free advertising service which reaches the largest number of potential customers of any site. They can earn lots of extra money through PG/Movies it is relatively user friendly and has no real competition. Seems to me the "very smart business minded whores" would be sure to use AW.

Targeting wealthy clients through a personal website could be 100 times more productive than AW for instance, there's 1001 more creative ways, to whore than slapping 2 shit pics on AW, and making yourself available to every weirdo, deviant & sex offender in the UK.  AW is one step up from street walking.

PG sales etc. etc.,? That'll keep them in beer money I'm sure, but the only winner there is AW.

I don't think a smart business minded whore would touch AW with a barge pole, personally 

[SX225]

Yes that's the one.

They have high FB because they INSIST on an AW booking, before seeing you. Topic widely discussed. at one point tried to keep up with their portfolio, but too many changes to follow.

https://www.ukpunting.com/index.php?topic=23573.msg346971;topicseen#msg346971

https://www.ukpunting.com/index.php?topic=9239.msg137001;topicseen#msg137001

https://www.ukpunting.com/index.php?topic=11413.msg169884;topicseen#msg169884

Well, I met Annabelle and she was a very good punt.  Have also met Louise as part of a duo booking. Also good. Wasn't keen on her pierced nipples. Didn't warm to her personally either. Her duo partner (long since become one of the disappeared) was a real cracker.  Possibly going off thread...

[vorian]

Targeting wealthy clients through a personal website could be 100 times more productive than AW for instance, there's 1001 more creative ways, to whore than slapping 2 shit pics on AW, and making yourself available to every weirdo, deviant & sex offender in the UK.  AW is one step up from street walking.

PG sales etc. etc.,? That'll keep them in beer money I'm sure, but the only winner there is AW.

I don't think a smart business minded whore would touch AW with a barge pole, personally 

You have your view which I respect and I have mine, if as you said a wg only slaps two shit pictures on AW and uses PG sales for beer money then imho they would hardly be the "smart business minded whore" they would have to be to make the big money in the long term. AW is a tool you get out of it what you put in the vast majority of profiles are piss poor but it is the user that is to blame imho not the tool.

Of course you are right a personal web site can be a good addition to any prossies advertising but it does come with an additional cost factor.

[smiths]

Targeting wealthy clients through a personal website could be 100 times more productive than AW for instance, there's 1001 more creative ways, to whore than slapping 2 shit pics on AW, and making yourself available to every weirdo, deviant & sex offender in the UK.  AW is one step up from street walking.

PG sales etc. etc.,? That'll keep them in beer money I'm sure, but the only winner there is AW.

I don't think a smart business minded whore would touch AW with a barge pole, personally 

Yes specifically targeting only wealthy punters i agree, but many good WGs i have punted with over many years had A/W profiles but some also had their own sites as well.

Sadly its the nature of punting that there will be some weirdos, that will apply to any form of advertising a WG uses. Obviously a wealthy punter can be as weird as a poor punter who only uses A/W.

I agree about PGs, A/W are the main winners with them taking a third at least but being able to delete a profile as they wish with absolutely no chance of any legal comeback in this unregulated pastime. A PG can though pay for some WGs costs on A/W like displaying a phone number or having a more prominent listing.

[smiths]

You have your view which I respect and I have mine, if as you said a wg only slaps two shit pictures on AW and uses PG sales for beer money then imho they would hardly be the "smart business minded whore" they would have to be to make the big money in the long term. AW is a tool you get out of it what you put in the vast majority of profiles are piss poor but it is the user that is to blame imho not the tool.

Of course you are right a personal web site can be a good addition to any prossies advertising but it does come with an additional cost factor.

If smart WGs having both would be my advice. IMO its A/W themselves that are the biggest problem with no incentive to police their site rather than the user. In fact they have an incentive NOT to police it, they make money anyway. Well dodgy people, i use the site as a location tool only as its the best their is for that but wouldnt pay a penny in credits.

[Louise 100% British]

There was a lady in around my area that started escorting, and it accumulated into her being able to buy several properties and Berkshire is an expensive place.
So her assets must have been worth near that.
However I know it was dodgy because she got ordered to pay tax etc on the brothels that she was running.
But it can still be done, not sure on prostitution alone though, with a mix of porn and running brothels I think it is made easier-  to make a million that's a lot of clients!

[James999]

There was a lady in around my area that started escorting, and it accumulated into her being able to buy several properties and Berkshire is an expensive place.
So her assets must have been worth near that.
However I know it was dodgy because she got ordered to pay tax etc on the brothels that she was running.

If true not very clever as she could lose the lot under a POCA seizure 

[Roland D Hay]

I don't think a smart business minded whore would touch AW with a barge pole, personally 

I happen to agree with this statement, if I was selling an Aston Martin then I'd not stick it on the same forecourt as a rusty Fiesta and a battered Vauxhall Zafira. Anyone familiar with AW and it's inner workings associate it with fake profiles, scams and bait and switch operations. All the while there is no attempt by site management to intervene in keeping the site honest, probably because they're the biggest crooks of all. If you want to disassociate yourself from these negative connotations then having an AW profile isn't the best marketing strategy.

[vorian]

If smart WGs having both would be my advice. IMO its A/W themselves that are the biggest problem with no incentive to police their site rather than the user. In fact they have an incentive NOT to police it, they make money anyway. Well dodgy people, i use the site as a location tool only as its the best their is for that but wouldnt pay a penny in credits.

I think both and keeping as many avenues open as possible would be a sensible route to go.

[Louise 100% British]

If true not very clever as she could lose the lot under a POCA seizure 

It is true, I know who she is, it was in the local papers.
Think there was a dodgy estate agent involved- but she made loads of money...before she lost it of course!