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Fresh-faced Denise Rich, 68, throws lavish party on yacht in St Tropez months after renouncing her U.S. citizenship and the death of her fugitive ex

• Guests included Joan Collins, Jerry Hall and Magic Johnson
• Songwriter also has Austrian citizenship through her late father
• Former husband Marc Rich fled the country when indicted on charges of tax evasion - but was pardoned by President Clinton in 2001
• House of Representatives committee later found Denise Rich had swayed the decision through donations to Clinton campaign

By Daily Mail Reporter

Published: 12:42 EDT, 18 July 2013 | Updated: 13:54 EDT, 18 July 2013

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Denise Rich, the wealthy socialite and former wife of late billionaire trader Marc Rich, threw a lavish carnival-themed party in a St Tropez harbor last night with guests including Joan Collins, Magic Johnson and Ivana Trump.

The 68-year-old renounced her U.S. citizenship last year, saving herself millions in tax dollars, some of which seems to have been pumped into the lavish, ostentatious party on her 157-foot yacht Lady Joy.

She has an estimated fortune of $12million.

Also at the party were Las Vegas casino mogul Steve Wynn, TV personality Star Jones, model Jerry Hall and Blackstone's Steve Schwarzman.

Wooo: Denise Rich smiles during her annual St Tropez party on July 17, 2013, in Saint-Tropez, France, where she danced with Joan Collins, Magic Johnson and Ivana trump

Famous friends: Denise Rich parties with Cookie Johnson and Earvin 'Magic' Johnson, right, during the lavish celebrations on her yacht

A source told the New York Post: 'The entire dock is covered in red carpet. Huge stars are hanging like balloons. Women are doing circus acts above the dance floor, which is rotating in a circle with a big top over it'

Having a ball: Joan and Terry were also seen with Denise Rich and Ivana Trump

A source told the New York Post : ' The entire dock is covered in red carpet. Huge stars are hanging like balloons. Women are doing circus acts above the dance floor, which is rotating in a circle with a big top over it. Oh, yes.'

The Grammy-nominated songwriter appeared in the Federal Register on April 30, 2012, in a quarterly list of Americans who renounced their U.S. citizenship and permanent residents who handed in their green cards.

Her ex-husband Marc Rich died in Switzerland aged 78 at the end of June.

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He made his fortune by founding the company which would become Glencore, the world's largest commodities trader, but was more famous for fleeing from the U.S. in 1983 when he was indicted on more than 50 counts of fraud, racketeering and tax evasion.

The charges could have earned Rich 300 years in prison - however, in 2001 Clinton decided to pardon him hours before leaving office, leading to speculation he was motivated by receiving thousands of dollars in donations from the financier's ex-wife Denise.

The Grammy-nominated songwriter, pictured right at Cannes last year, appeared in a quarterly list of Americans who renounced their U.S. citizenship and permanent residents who handed in their green cards

Never too old: Jerry and Joan were joined by Terry Allen Kramer at the glitzy bash

Having fun: With Joan Collins and her husband Percy Gibson

Non U.S.: The Grammy-nominated songwriter appeared in the Federal Register on April 30 last year in a quarterly list of Americans who renounced their U.S. citizenship and permanent residents who handed in their green cards

Rich , who was born in Worcester, Massachusetts, has Austrian citizenship through her deceased father. her lawyer said she dumped her U.S. passport 'so that she can be closer to her family and to Peter Cervinka, her long-time partner'.

The 68-year-old wrote songs recorded by Aretha Franklin, Mary J. Blige and Jessica Simpson, is the latest bold-faced name to join a wave of wealthy people renouncing their American citizenship.

Rich's two daughters live in London; Cervinka, a wealthy property developer, is an Austrian national.

Dubbed 'Lady Gatsby' by Yachting magazine, she owns multiple properties, including a mansion in Aspen, Colorado and is a frequent habitue of Cannes, Monte Carlo and St Tropez.

Last year Rich sold her massive, 12,000 square foot Fifth Avenue duplex penthouse to Hollywood mogul David Geffen for $54million at the end of 2012.

Wealthy: Denise Rich, a songwriter who was married to pardoned billionaire trader Marc Rich, renounced her American citizenship last year and sold her massive Fifth Avenue penthouse for over $50million

Moving on: Her lawyer said she gave up her U.S. passport to be closer to her family and partner, Peter Cervinka

Peter was by her side at the St Tropez bash as well

Famous friends: Rich, left, with Michael Jackson, Hillary Clinton and President Clinton pictured in 2000. Rich is also a citizen of Austria and will live full time in London

Share or comment on this article: Denise Rich, socialite parties hard with celebrity friends on her luxury yacht

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Showbiz | Celebrity News

Hostess with the mostest: Denise Rich throws lavish, carnival-themed yacht party in St Tropez

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Songwriter Denise Rich threw a large, lavish, carnival-themed party in St Tropez last night, aboard her yacht the Lady Joy. Guests included Joan Collins, Ivana Trump, Jerry Hall and Bill Wyman. Denise recently dumped her US citizenship for tax reasons. The New York Post had a spy in place who reported that: “The entire dock is covered in red carpet. Huge stars are hanging like balloons. Women are doing circus acts above the dance floor, which is rotating in a circle with a big top over it. Oh, yes.”

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