How the 1% party on New Year’s Eve

When it comes to ringing in the new year, the world's richest know how to party.

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Mariah Carey has the right idea
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Quintus has always had a soft spot for those who choose to squander a preposterous amount of money on hedonistic fun. Yes, laying out the yearly budget of a small hospital for a fin de sicle orgy, where the fountains flow champagne and the snuff boxes are heaped with cocaine, might make one an easy target for the tabloids in this age of austerity and puritanism. But if it leaves the participants with some fond memories, while helping to circulate a bit of wealth back through the economy, it's hard to see gargantuan excess as a wholly bad thing.

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