yes, 1K is change to some people but not to 99% of us.
Why do you assume that kind of money is likely to come from a trust fund? Most multi-millionaires and billionaires made their own money.
Some folks would spend 1,000 or more in a bottle of wine why not spending it in hiring an exclusive guy who most clients can't afford?
I'd hire him for 1 k but I doubt he can deliver the boyfriend experience with most guys who don't look like him.