The fabulous Russian billionaires will have a new place to party in Moscow when the Ritz-Carlton opens up on July 1. The new Ritz-Carlton will be a $350 million, 334-room hotel with an imperial Russian facade.

The hotel includes Jeroboam he restaurant of three star Michelin chef Heinz Winkler. A separate wine room, Petrus, will be available for small groups to choose from the expansive wine and rare spirits collection such as a shot of Macallan Fine and Rare Collection vintage 1969 whisky for $400. The restaurant will serve the Tsar's Breakfast which costs $700 per person and includes a bottle of Crystal champagne, an omelet with Kobe beef steak, Parmigiano Reggiano cheese and truffles, foie gras with caramelized apple and pain brioche, 56 grams of Beluga caviar with blinis, sour cream and quail eggs and more.

The rooftop bar is the O2 lounge which has a glass dome, black tile floor, red velvet cocoon chairs and white leather furnishings and will serve food by chef Seiji Kusano who whips us sushi creations such as a gourmet roll prepared with Beluga caviar and blue fin tuna, garnished with gold leaf. In the Lobby lounge, the vodka sommelier can help guests choose from a wide variety of vodkas. The hotel also includes a spa and fitness center for working off all that food and booze. They are offering a summer special through August with rooms starting at $385 (plus 18% VAT) which is nearly half of the usual price.