Will and Jada Smith to Host Luncheon for Michelle Obama

The event costs $2,500 per person for an afternoon in their Los Angeles home.

Posted: 10/25/2012 12:57 PM EDT
Will Smith, Jada Pinkett-Smith

Will Smith and Jada Pinkett-Smith are holding a luncheon for First Lady Michelle Obama in their Los Angeles home today. The fancy party will set guests back $2,500 per person or $10K per couple if they want their photo taken with Obama. Actress Salma Hayek is also hosting the event.

While still an expensive lunch for the average person, the fête is a total bargain compared to the $40K-per-person fundraiser that Beyoncé and husband Jay-Z held for President Barack Obama in New York City in September.

TMZ reports that units from the Emergency Operations Bureau of the Sheriff's Dept. showed up at the Smith's Calabasas home and swept the gated property to make sure everything was secure enough to host the FLOTUS.

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