Byline: PAUL MARTIN
BEYONCE Knowles and husband Jay-Z have already splashed out EUR1million on their newborn daughter.
The couple welcomed their first child Blue Ivy into the world on Saturday.
Their little girl will grow up in a lap of luxury and her parents have already ensured she is surrounded by the best of everything.
The superstar couple have even paid EUR400,000 for a solid gold rocking horse.
An insider revealed: "They're really pulling out all the stops. The two of them have been spending like there's no tomorrow.
"Together they've bought a Swarovskistudded high chair by Carla Monchen for EUR10,000 and a Fantasy posh tots' coach carriage crib for EUR30,000.
"Jay-Z bought Beyonce a solid gold handmade Ginza Tanaka rocking horse for EUR400,000.
"They've even spent EUR20,000 on a magical windmill playhouse for the garden and a mini Bugatti car too."
The couple also spent EUR240,000 to ensure the nurseries in each of their three homes are identical so the baby will feel at ease when they travel around America.
Beyonce and Jay-Z released an official statement on Monday confirming the new addition to their family and dispelled reports the little girl was born by C-section. The message read: "Hello, Hello Baby Blue! We are happy to announce the …