6) Steve Schwarzman 60th Birthday

Top Ten Most Expensive Parties

Tycoon Steve Schwarzman, chairman and CEO of the Blackstone Group, an investment company, celebrated his 60th by inviting 500 guests to join him to enjoy his own investment. He threw a party for himself at the Park Avenue Armory in New York City. Among the many festivities included entertainment by marching bands and even a 50-foot silkscreen recreation of his own apartment. The cost of the event is estimated by some to have cost at least $5 million

5) David Bonderman 60th Birthday

Another notable 60th birthday celebration was held by Texas investor named David Bonderman. Bonderman splurged to have the Rolling Stones play for him and his guests for an hour at a cost of $7 million.

4) Eagles Performance

The well-known musical group the Eagles performed at a private party in New York City, charging $6 million just to play one song, which was their hit, “Hotel California.”

3) David Brooks

It is not only birthdays and nuptials that call such excess. Israeli defense contractor David Brooks recently spent $10 million when his daughter Elizabeth turned 13 to throw her what just may be one of the most expensive bat mitzvahs ever. The event was held in the famed Rainbow Room in New York City and included life performances by Stevie Nicks, Aerosmith, Ciara and 50 Cent.

2) Mr. and Mrs. Bradley Martin

The tradition of splurging for special occasions goes back more than a century. In fact, Mr. and Mrs. Bradley Martin of Troy, N. Y. are listed as hosts of an extravagant affair in 1897, which they held an event at the Waldorf-Astoria Hotel in New York City. Guests were able to choose whatever food their hearts desired. The cost was $369,200 back then, which when adjusted for inflation is equals close to $10 million.

1) Sultan of Brunei 50th birthday

The Sultan of Brunei is a royal head of state, not a celebrity, but his 50th birthday celebration was one of the most extravagant parties ever held. He entertained his guests with a $16 million Michael Jackson concert and also served them exquisite caviar and champagne. The total bill for the entire event, which was held back in 1996, came to $27.2 million.

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