A teenage American model has finally sold her virginity for around $3 million to a wealthy Abu Dhabi businessman.

Giselle, 19, who put her innocence up for sale with Cinderella Escorts, says she wanted to give it up so she can pay for tuition fees and go traveling around the world.

According to reports, she was offered the huge amount by a millionaire businessman from Abu Dhabi who outbid an unidentified Hollywood actor and the third highest bidder, a Russian politician.

An excited Giselle said:

‘I would never have dreamed that the bid would rise so high and we would have reached 2.5 million euros. This is a dream come true. ‘I think the trend to sell your virginity is a form of emancipation and I am shocked about people who are against allowing a woman to sell HER virginity. ‘If I want to spend my first time with someone who is not my first love, that’s my decision.’

I’m happy to be part of this new trend’ that ‘finally breaks the taboo about a woman’s virginity’.

She added that selling her virginity was her idea and she only used the website so the transaction and meeting could be carried out safely.

UK Metro reports that a hotel in Germany has already been booked. She will be accompanied by security from the agency who will stay close by while the businessman takes her virginity.

A spokesperson for Cinderella said:

‘On our website you will find a video where girls from all over the world talk about the reasons to sell their virginity. Girls from Australia, Europe, Africa, North and South America. From Arab countries and Asian.

‘This shows us that the desire to auction a virginity is no exception. ‘And on the other hand, the high bidding for Giselle’s auction shows us how high the demand for virgins is. Business people from all over the world have been bidding.’