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JAY-Z'S KING OF BLING!
-Sparkler for Beyonce - £1m bill for his partying
Jessica Callan, Eva Simpson And Caroline Hedley
MULTI-MILLIONAIRE rap superstar Jay-Z sure knows how to spend his cash...
The 41-year-old has just splashed out £1.2million on a flawless diamond and ruby ring for lucky fiancee Beyonce, who celebrated her 24th birthday yesterday.
As if that wasn't enough to impress the wealthy Destiny's Child star, generous Jay also presented her with a matching £300,000 watch. Overwhelmed Beyonce, is due to wed the rapper next month.
But there's no end to the big spending by flash Jay. The king of bling is kissing goodbye to Beyonce this morning, getting on his private plane and jetting to London for 48 hours of partying - at an estimated cost of £1million.
"As soon as he touches down he's heading to a gig at Cafe de Paris in the West End, where he's throwing a bash for his new protege on his Roc-A-Fella record label, Teairra Mari," says our source.
"He's letting 200 fans in and they've been queueing all weekend.
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"Jay will then move on to the St Martin's Lane Hotel, to celebrate the launch of the autumn/winter range of his Rocawear fashion label."
And this is where more serious money will come out.
We're told Jay - whose £182.1m fortune makes him the richest man in hip-hop - has requested that his specially invited guests are treated to the finest La Flor De Cano Selectos cigars, which are being flown in especially from Cuba.
He'll also be also shelling out for endless magnums of Dom Perignon and Cristal champagne.
The blingin' rapper is even coughing up for five crystal bottles of Remy Martin Louis XIII cognac, which usually costs £50 a shot.
Then, tomorrow night, Jay will pick up the International Man Of The Year award at the prestigious GQ Awards at the Royal Opera House in Covent Garden.
After a lavish dinner, ceremony and after-party, we're told Jay is inviting a select few to an after-after-party at new West End club Movida.
It's an apt venue for his bash as a banker just spent £41,000 on champagne (£15,000 was the cleaning bill after he encouraged mates to spray the club).
"It's costing Jay £500,000 for the Movida party," adds our source.
"It's being kept top secret as it'll be quite a bash and he wants to keep it exclusive.
"When he's in town it's quite a scene and everyone's hoping that at Movida, he'll let his hair down and perform."
We're hoping he hasn't forgotten the goodie bags either...
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Jay-z and Beyone 'bout to get married (pics and info).
