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(Kanye West and Jamie Foxx perform during Red Granite Pictures’ launch gala Saturday night in Cannes)

CANNES–Red Granite Pictures held a booming launch party Saturday night on Carlton Beach, featuring a special performance by Kanye West.

On hand for the lavish event were Leonardo DiCaprio, Adrien Brody, Jamie Foxx, and Jon Hamm.

“This is the biggest festival on the planet,” said Foxx beforehand, who later performed “Gold Digger” with West to the crowd’s delight.

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Before Kanye took the stage, partygoers were treated to a spectacular fireworks display over the pier, in addition to a brief performance by rapper Pharrell Williams, who invited several girls on stage to dance with him.

Red Granite principals and hosts of the evening, Joey McFarland and Riza Aziz, just recently announced financing on DiCaprio’s new pic “Wolf of Wall Street.”

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