These images capture the world's most famous nightclub Studio 54 during its 33-month existence, populated by celebrities such as Michael Jackson, Rod Stewart and Andy Warhol. The wild success of the 70s New York club has forever been put down to owner Steve Rubell's first rule of partying: 'The key to a good party is filling a room with guests more interesting than you.' By 1978, within a year of transforming it from a theatre to a nightclub, Studio 54 had made $7million and Rubell was quoted as saying 'only the Mafia made more money.' Scroll down for video Singer Rod Stewart with Studio 54 owner Steve Rubell (L) and Alana Hamilton (C) at Studio 54
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Studio 54's rule for a good party: Invite guests more interesting than you
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It was opened in 1977 for just 33 months and made $7million in first year
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Bianca Jagger rode a white horse through the club on her 30th birthday
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Owner Steve Rubell once gave Andy Warhol a bin full of money for birthday
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It shut after 1979 raid by taxman who found money stashed all over club
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