Presented with limited commentary here is an exclusive look inside Jay-Z’s Watch The Throne Party at LIV aka My Super Sweet Illuminati Initiation Ceremony on Sunday night. For all my pro-fat girl in the club shit talking I am feeling it this morning, ergh, afternoon so I am going to keep things Bobby Valentino — short and sweet. Hit up my Twitter timeline for a live recap of the evening presented as only yours truly can. And that’s shade.

ADDITIONAL COVERAGE:

- Jay-z Spends $250,000 on Bottles @ LIV, Celebrates Highest Selling Itunes Release In History (NECOLE BITCHIE)

- Jay-Z Spends $250K On Bottles At ‘Watch The Throne’ Party, Sets Club LIV Record (Video)

Major thanks to both Michael Gardner of Headliner Market Group and Jessyka for the unforgettable experience!

Basically, Michael Misick is accused of misusing funds to trick off on his ol’ lady.

During her time in the hot seat she revealed that she and her sugar daddy regularly traveled on trips to Africa, Switzerland [where her daughter currently attends boarding school], Milan, Prague and LA on a Gulf Stream 3 aircraft, built in 1983, that she thought was theirs. Minister Misick also allegedly spent $275,000 in a jewelry store, chartered a jet for a Paris shopping spree and charged more than $1 million to an American Express account with the “actress” [still pending] after they married in 2006.

McCoy-Misick acknowledged she spent as much as $200,000 a month, but she said it was necessary to buy new hats, gloves and suits to fit her “first lady lifestyle.”

I’m not even going to take the bait on that one.

That side-eye kills me every time. The feverish glare by the old fart in the background of course. Fierce!

Jay-Z and his creole jockey top the annual list of Hollywood’s 20 Top-Earning Couples, compiled by Forbes magazine. They earn a total of $162 million fortune between June 1, 2007 and June 1, 2008.

I’m just saying, can Dame and I hold a little something until . . . whenever?

The second top earning couple on the list is Will Smith and his actress wife Jada Pinkett Smith, both of whom bank $85 million, with Will doing most of the earning, taking in $80 million from the success of his  recent movies “I Am Legend,” “The Pursuit of Happyness” and “Hancock.” The Beckhams are ranked 3rd on the list with collective earnings of $58 million.

Country music couple, Tim McGraw and Faith Hill, secures the 4th spot, taking in an estimated $35 million between June 1, 2007 and June 1, 2008. Behind them there is Hollywood power couple, Brad Pitt and Angelina Jolie. The movie stars and parents of six children bank $34 million together.

Lil’ Wayne was presented with a million dollars by his longtime lover, erh, daddy Baby at his birthday party in Miami on Tuesday night. Now that’s some expensive pussy right there! I don’t want to know what type of hoe shit Weezy Fucking Baby had to do to get that type of cake but my chocolate starfruit is throbbing just thinking about it.

Stuntin’ is an expensive habit though. Birdman got more debt that Oprah’s mama but he can shell out this type of bread? Alright. Click here for more flicks from the party.

A source says, “Kelly was the ultimate host and even when the bar bill began to spiral out of control, she refused to close the tab. She had 30 very thirsty pals, so it was always going to be a pretty big night.

“At one point, Kelly started dancing wildly and put on a silly Viking hat, much to the hilarity of everyone.

“Bono arrived quite late and Kelly told him to order whatever he liked. A good night was had by all.”

Kelly, 27, treated her guests to 50 magnums of $6,000 vintage Dom Perignon, 24 bottles of $1,000 Patron tequila and 10 bottles of $4,000 Louis XIII cognac. [source]

Now now, Kizzy. You know that Papa Knowles is going to have to recoup all that advance money he gave you way back when. Stuntin’ is a habit.

According to documents obtained by TMZ, Uncle Russell will fork over $480,000 a year in child support for Ming Lee and Aoki.

Just take a moment to let that dollar amount marinate. $480,000.

Kimono is asking for primary custody of the girls and that Russell, 50, be granted “reasonable child visitation … accompanied at all times by the children’s nanny and security personnel.”

The hell? Not only is the milk rancid but there is something floating around at the top! I hope that this does not into the second coming of 50 Cent verses Shaniqua. The last thing we need is Digimon going down for arson after assisting his biracial butterfly in torching Uncle Russell and Porschla’s shit.

• Solange and Baby Daniel are still on their grizzy with Baby Jamz. Peep the above clip to watch Papa Joe 2.0’s master plan at work. Dora, watch your backpack . . . hoe!

• Bust It Creole is set to launch a line of accessories and sunglasses through the House of Dereon. “I can’t wait for jewelry and sunglasses because we’re just accessories people,” said Mama Tina. The mother-daughter team will also release a collection of lingerie. Wow, now even your panty pudding can be touched by a Creole angel. Take me higher dear Lord! [Copyright B. Scott]

• Beyaki and Solo both have brand new tracks, and I’m not talking about remy hair extensions.

• And now, the best for last. Via the urban blogger

Another Knowles is set to take over the world. It is being reported that Solange’s son, Daniel Juelz, may be getting his own show on Nickeloden. Daniel appears on the Nick show “Yo Gabba Gabba” (I will not torture you with a clip from this show). This could be a lucrative deal for Solange, being a “momanager” is not a bad gig…

The Killer Knowles Klan is getting money like its ‘88. Now is a good time to start thinking about that second gig, no?

Paul McCartney was ordered today to pay Heather Mills $48.6 million to settle their divorce. I have the perfect ringtone for ol’ pegged leg courtesy of Young Dro. [You gotta love this guy. His mixtape has become a staple in my every day life. Anybody who can rhyme Cyndi Lauper with whopper is good with me, but I digress.]

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