The grand opening of the Atlantis The Palm in Dubai is set for later this month. Billionaire tycoon Sol Kerzner is planning a $25 million party that will supposedly be viewable from space.

The London Telegraph is already calling it the world’s most extravagant party. The pyrotechnics who were responsible for the Olympics fireworks show will be working their magic on this opulent grand opening, and it's rumored that this show will be 10 times larger than the one we saw in Beijing.