You are here

Multimillion-dollar parties? That's so '80s

Before the over-the-top excess of the new Trumpian era, there were the Reagan years when lavish bashes seemed to be almost a monthly occurrence
Saturday, February 18, 2017 - 05:50

A 12-minute fireworks display capped an evening of excess at the 70th birthday bash of billionaire Steve Shwarzman – camels and Gwen Stefani were in attendance, along with numerous ‘power’ guests.

Steve Shwarzman.

SO Steven Schwarzman throws himself a 70th birthday party complete with camels, a gondolier, a 12-minute fireworks display and a performance by Gwen Stefani - with an estimated cost ranging from an improbable US$20 million to a more likely US$7-9 million - and the tsk-tsking can be heard from

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom