Beyonce and Jay-Z Spend $80K on Barbie Doll for Blue Ivy

Beyonce-and-Jay-ZYou know that money is no object when…

When you’re King and Queen of Hip-Hop, all the luxuries in the world are on tap for any whim.

So its no surprise that Beyonce, 31, and her hubby Jay-Z, 43, went to town to mark their little Princess’ first year in the world.

America’s golden couple are reported to have spent $80,000 on a diamond encrusted Barbie doll for their baby daughter, Blue Ivy’s first birthday.

Specially customized, the doll is said to include 160 diamond gems as well as white gold jewelry. The couple are said to have spent several weeks planning the celebrations for their daughter who turned one.

A source close to the couple said: ‘Nothings been too big or expensive for their little princess. They wanted her first birthday to set the tone for the rest of her life.