Star-Studded New Year's Eve Celebrations

VIDEO: Lara Spencer explains what has people buzzing on the "GMA" Pop News Heat Index.
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The stars are lining up for New Year's Eve.

Performers often score their most lucrative gigs of the year on NYE, and this year is no exception. Russian billionaire Roman Abramovich has reportedly hired rock band Red Hot Chili Peppers to perform for 300 guests on his six-story yacht Eclipse docked off the Caribbean island of St. Barts.

Abramovich's New Year's Eve bash is one of the most sought-after invites, and last year's guest list included Stephanie Seymour, Ellen DeGeneres, Harvey Weinstein and George Lucas with a performance by the Black Eyed Pears.

Like last year, the owner of Chelsea's football club is expected to spend $7.6 million on entertainment, food, drink and fireworks, the UK's Daily Mail reported.

Not all stars had plans lined up. Kanye West recently tweeted that he was looking for a place to DJ. "I kinda wanna DJ somewhere this New Years," he wrote, adding hours later that his "New Years DJ name is gone be YEEZY WORLD PEACE!"

West will likely find a party, but Lindsay Lohan is planning a low-key celebration with a group of close friends at her Los Angeles home. According to TMZ, the starlet turned down several offers to host NYE parties in hopes of staying out of trouble.

Her rep told ABCNews.com: "Reports about Lindsay going to Dubai for New Year's Eve are completely untrue. Lindsay is not going to Dubai, nor had she ever considered doing so. She will be spending New Year's Eve in Los Angeles with a few close friends and family."

Click through to see what other celebrities have lined up.

PHOTO: Kim Kardashian attends Duane McLaughlin's "Ready To Live" album release party on Utopia III at Pier 60, Sept. 10, 2011 in New York City.
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Kim Kardashian

This New Year's Eve, newly single Kim Kardashian will be partying -- ahem, working -- at Tao in Las Vegas' Venetian hotel. According to the Hollywood Reporter, she will earn $600,000 for her hosting duties, a $100,000 bump up from last year when she first hosted NYE at Tao.

Mom Kris Jenner and stepfather Bruce Jenner will tag along, while the rest of the Kardashian clan spreads out in Sin City. Kardashian's brother Rob will be at Tryst in the Wynn, while sister Kourtney and her baby daddy Scott Disick will be at Chateau Nightclub & Gardens at the Paris, along with Good Charlotte's Joel and Benji Madden.

PHOTO: Chris Brown performs at Staples Center, Oct. 20, 2011 in Los Angeles, Calif.
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Chris Brown

Elsewhere in Vegas, hip-hop star Chris Brown will dance his way into 2012 at PURE Nightclub inside Caesars Palace. Advance tickets start at $150, but a VIP table will set you back $1,500.

PHOTO: B.o.B. performs as part of Wild 94.9's Wild Jam at HP Pavilion, Dec. 18, 2011 in San Jose, Calif.
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B.o.B

Grammy Award-winning hip hop artist Bobby Ray Simmons, Jr., better known by his stage name, B.o.B, is set to rock the LAX Nightclub inside Luxor Hotel and Casino. The rapper, singer-songwriter and record producer will lead the countdown to midnight before taking over the main stage with a live performance. VIP tables start at $1,500.

PHOTO: Fergie and apl.de.ap of The Black Eyed Peas perform onstage during CHASE Presents The Black Eyed Peas and Friends "Concert 4 NYC" benefiting the Robin Hood Foundation at Central Park, Great Lawn, Sept. 30, 2011 in New York City.
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The Black Eyed Peas

Members of the Black Eyed Peas will ring in 2012 at separate Las Vegas locales. Leading Lady Fergie will be at 1OAK while will.i.am will DJ at Surrender.

Lee DeWyze

Not all the stars will be in Vegas. In the heartland, "American Idol" champ Lee DeWyze will perform in hometown Chicago at the Hard Rock Hotel. He'll be joined by DJ Chris Kennedy (Chris Masterson) spinning tunes.

PHOTO: new year's
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Tracy Young featuring Deborah Cox

Not all the New Year's celebrations start on NYE. Celebrity DJ Tracy Young is back on Miami's South Beach for the 10th year with her 12-hour Genesis dance party, which begins at 8 a.m. on New Year's Day. Fans of Young include Lady Gaga, Britney Spears and Madonna, who hired her to DJ her wedding. This year, Young will be joined by R&B artist Deborah Cox, who will perform "If It Wasn't for Love," in honor of Young's remix. Tickets start at $90.

PHOTO: Lady Gaga performs during Z100's Jingle Ball 2011, presented by Aeropostale at Madison Square Garden, Dec. 9, 2011 in New York City.
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Lady Gaga

NYE celebrations would be incomplete without Lady Gaga. New York Mayor Michael Bloomberg has asked the New York native to be his special guest during the countdown to 2012. The envelope-pushing singer will be pushing the button that drops the ball on Times Square.

Gaga will also perform for Dick Clark's annual "Rockin' Eve," which will pay tribute to 40 years on the air with a six-hour program on ABC.

PHOTO: Singers Demi Lovato, left, and Selena Gomez arrive at the 2011 MTV Video Music Awards at Nokia Theatre L.A. Live Aug. 28, 2011 in Los Angeles, Calif.
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Demi Lovato and Selena Gomez

If your idea of partying with the celebrities is watching them on the small screen from your cozy armchair, then you'll have plenty to see. BFFs Demi Lovato and Selena Gomez will ring in 2012 on MTV's NYE in NYC. Lovato is co-hosting the party while Gomez will perform. Meanwhile, Gomez' boyfriend, Justin Bieber, will be performing on Clark's New Year's Eve Special.

CNN's Anderson Cooper will once again be joined by comedian Kathy Griffin, while Fox will offer an all-country lineup featuring"American Idol" runner-up Lauren Alaina. New to the mix is NBC's "New Year's Eve With Carson Daly," who will welcome fellow NBC stars Jimmy Fallon, Cee Lo Green and The Roots.

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