Beyoncé & Jay-Z splash £1million on baby Blue Ivy Carter

She is the newborn of music royalty. So it's a given that Blue Ivy Carter, the progeny of award-winning singer Beyonce and her husband, rapper Jay-Z will want for nothing.

And with multi-millionaires for parents, nothing she wants will ever be unobtainable. As befits the King and Queen of Bling, the couple have already reportedly spent an astonishing £1million on their newborn daughter.

The superstar couple are said to have splashed out on items - to outfit THREE nurseries in their various homes - including a solid gold rocking horse and a diamante-encrusted high chair among a list of extravagant goods for their baby.

The R&B singer and her rapper beau spent £240,000 alone on the special bedrooms for the baby.

A source tells Star magazine: 'Together they’ve bought a Swarovski-studded high chair by Carla Monchen for £10,000, and a Fantasy ‘posh tots’ coach carriage crib for £30,000.

'Jay-Z bought Beyonce a solid gold handmade Ginza Tanaka rocking horse for £400,000.

'They’ve even splashed out on a £20,000 magical windmill playhouse for the garden and a mini Bugatti car, too.'

replica of the solid gold rocking horse