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On Saturday, December 18, Diddy will host "Diddy in December," a private black-tie party that will be part of Joy to the World Festival in Philadelphia, which runs from December 16 through 19. The event, which is sponsored by Ciroc, is a non-profit aimed at raising money and correcting toys for the homeless and financially challenged, according to AllHipHop.com.

Tickets for Diddy's event are available and will set you back $250 for general admission, $500 for VIP access and $1,200 for a table of four with a bottle.