Photo Flash: Diddy Rings in the New Year at LAX Nightclub

Diddy. Mr. Combs. Puff Daddy. Sean Jean. P. Diddy. No matter how many times he changes his name, one thing remains the same: Sean "Diddy" Combs KNOWS how to throw a party! And party he did as the famed music mogul, fashion designer and actor lived up to every expectation, taking Sin City by storm and creating the biggest and most lavish party for New Year's Eve 2011 at LAX nightclub inside Luxor Hotel and Casino.

Prior to walking the red carpet, Diddy took to his Twitter account (@iamdiddy) and told all of his fans to come party with him at Vegas' hottest and most sophisticated nightclub: LAX. Tweeting, "Vegas for NEW Years! Vegas is the NEW Official NYE Spot this Year! Meet me there world! My party is at club LAX," Diddy was ready to make this one unforgettable New Year's Eve.

Arriving at the red carpet wearing a black tuxedo with bow tie, 2 gigantic diamond rings (one on each hand), a diamond encrusted watch, diamond stud earrings and cool shades, Diddy was on point for being "Best Dressed" for the evening. Sharing the spotlight with him was Rapper Fabolous and Producer Dallas Austin. After posing for some photos with the media, Diddy took time out from the craziness of the holiday to greet two military members, both contest winners that won a prize to meet him on New Year's Eve!

With midnight fast approaching, Diddy hurried inside the club to get the party started. Notorious for living large, his entourage consisted of more than 30 people! The group got situated in the VIP section, a raised platform overlooking the jam-packed dance floor, as Diddy quickly grabbed the mic and told the DJ to turn the music louder, encouraging everyone inside LAX to get ready for the midnight countdown. Bottles of Ciroc were flowing at the table for Diddy's entire crew as the noise in the club grew louder and louder. Each club-goer tried to get a picture and quick glance of the mega-celebrity when finally midnight was seconds away and Diddy started to count down from ten. As soon as he got to one the crowd went crazy as they danced, cheered and toasted to the New Year. Diddy went on to say, "Make this a great year. Believe in yourself. You can do anything you set your mind to. Make it happen." Diddy continued to keep the party alive until the early morning, giving the LAX crowd a night they would always remember.

Also spotted in the crowd was NBA players Tracy McGrady and Tayshaun Prince as well as ABC's "The View" co-host, Sherri Shepherd.