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He may be pudgy, but this guy clearly knows how to party!

For those of you who've been missing the antics of mysterious Malaysian billionaire Jho Low, here's what he's been up to. According to the New York Post, Low recently threw a spectacular Grammys party at the posh Beverly Hills hotel L'Ermitage for Interscope founder Jimmy Iovine last Sunday in an Arabian-style tent hoisted onto the hotel roof by a huge crane.

A source claimed that "Interscope wasn't hosting its own party this year, so Low approached Iovine and offered to throw him a party celebrating Interscope's artists, and said he would pick up the tab. It must have cost around $500,000. Interscope is making it clear that it was Iovine's party."

The celebrity guest list included the likes of Leonardo DiCaprio and his model girlfriend Bar Refaeli, Megan Fox, Jamie Foxx, Kim Kardashian, Paris Hilton, Busta Rhymes, Eminem, the Black Eyed Peas' Will.i.am, Apl.de.Ap and Taboo, Gwyneth Paltrow, Nicole Scherzinger, Jerry Bruckheimer and "Entourage" star Kevin Connolly. Performances included Lady Gaga, Snoop Dogg and Dr. Dre. Low was also spotted hanging out with Taiwanese superstar singer Elva Hsiao.