The buzz is that King Khan and his wife Gauri held a lavish party at the Billion Dollar hotel in Dubai over the weekend.

According to a source, "After the launch party of Atlantis, The Palm in Dubai, hosted by international hotelier, Sol Kerzner (Chairman- Kerzner International) and Sultan Ahmed Bin Sulayem, Shahrukh Khan and Gauri hosted a party at their Atlantis Bridge Suite (costs 14,000 pound a night)."

It adds, "At the after-launch party, SRK and Gauri played host to some of Hollywood's biggest names like Robert De Niro, Gerard Butler, Mischa Barton, Mary-Kate Olsen, Kylie Minogue, Charlize Theron, Lindsay Lohan, Wesley Snipes, tycoon Richard Branson and some of SRK's close friends from B-Town like Hrithik and Suzanne Roshan, Arjun and Mehr Rampal and Farhan Akhtar. The rocking party went on till the wee hours of the morning."

There were other guests as well like supermodels Agyness Deyn, Petra Nemcova, Yasmin Le Bon, musicians Janet Jackson, Lily Allen and Shirley Bassey, sports legends like Michael Jordan and Boris Becker were present.

There sure were plenty of biggies at the party! Shahrukh says that the party only ended by 7 am and they had a great time. He also talked about his interactions with Wesley Snipes, Gerard Butler, Lindsay Lohan and singer Kylie Minogue and found all of them were so sweet, loving and cool.

Well the King and his lady are indeed having the time of their lives!