(@PageSix)
5/23/12 9:32 AM
Paul Allen’s Cannes bash rocks until 4 a.m. — even though his yacht had to be moved to avoid heavy sea swells

nyp.st/LBcQjI“@Paul Allen’s Cannes bash until 4 a.m.nyp.st/LBcQjI”  

“Paul Allen’s Cannes bash is being talked about as one of the most rocking Film Festival parties this year. Guests, including Antonio Banderas and Jeremy Irons, danced until the early hours to the Microsoft co-founder’s band (in which he plays guitar) at Monday’s party. One guest told us, ‘Paul has a new band, and they are actually really very good — people were dancing until 4 a.m.‘(Ha!) Also there were Cyndi Lauper, Ray Liotta, Tom Freston and Sony Pictures Classics’ Michael Barker and Tom Bernard. All braved bad weather to get onboard Allen’s 303-foot yacht Tatoosh, which was moved to a new mooring for the bash because of heavy swells and ‘to stabilize the boat.’ The party-goer added, “Paul told the crowd, ‘I have got a funny song for you,’ then launched into ‘Purple Rain,’ poking fun at the bad weather.” Over at the Chopard bash, also on Monday,Sean “Diddy” Combs was walking around with a camera crew filming a documentary for his new network.” (PageSix)

Last month, it looked like Microsoft cofounder Paul Allen was getting kind of serious.

He released his memoir, “Idea Man,” and took some public digs at Bill Gates on “60 Minutes.” He also did a speaking tour for the book where he talked about the early days of Microsoft and why he’s suing a bunch of companies for patent infringement.

But now he’s back to his billionaire lifestyle: according to a report in the NY Post, he threw a Brazilian themed bash on his 483-foot yacht, the Octopus, to celebrate the kickoff of the Cannes Film Festival.

Guests included a bunch of big Hollywood stars like Jodie Foster and Jane Fonda, as well as Israeli model Bar Refaeli. Like usual, Allen held a rock and roll jam.

Now check out: The Pile Of Absolutely Amazing Toys Paul Allen Has Collected.

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