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Rod, Aerosmith, Fiddy Rock the Mitzvah

Oct. 27 2008, Published 7:07 a.m. ET

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FOR HIRE Hot Rod You know those acquisitive teen strumpets on My Super Sweet Sixteen who arrive at their "invite give-outs" on horseback, choreograph a belly-dance routine, and then are serenaded by Natasha Beddingfield before (OMG!) getting a brand new Escalade? Well, the world's billionaires are watching. And taking notes.

The burgeoning mega-monied class is keeping a host of aging rockstars in business, flying them in on private jets for their birthdays, weddings, and New Years' vodka luge parties.

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Indeed, financier Steve Schwarzman, the CEO of the Blackstone Group, <a href="http://www.nytimes.com/2007/01/27/business/27party.html?em&ex=1170046800&en=4121f2287227f718&ei=5087%0A " target="_blank">has booked Rod Stewart (pricetag: $1 million) to perform at his 60th birthday party on February 13 at the Park Avenue Armory, and is inviting 1,500 of his nearest and dearest to celebrate the wrinkly occasion.

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