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This defeats the very purpose because multimillionaires are generally wary of gold diggers and you'll only scare them away.Some of them may only be looking for a toy-boy and if you're looking for such an arrangement, go for it.
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When we refer to millionaires we don't mean John next door who saw the value of his house go past a million in the real estate frenzy.
We mean real millionaires in the spirit of the term - multimillionaires really.
If you're looking for a serious stable relationship with a wealthy person who shares your sexual preferences, go for general dating web sites.
This holds true, irrespective of sexual preferences or even gender.