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Jay-Z Spent More Than $1 Million On Jewelry For Beyonce The rapper is said to have spent more than $1 million on a diamond ring and watch for his fianc�e Beyonce Knowles over the weekend.	By Entertainment News Staff, - 7th of September 2005, 11:06 GMT Adjust text size:

The 36-year-old singer has spent more than $1 million on a diamond ring and a watch for his fianc�e Beyonce Knowles over the weekend. Beyonce was given the luxury gift from Jay-Z for her 24th birthday. The rapper also flew his private jet to London for 48 hours of partying at a cost of another $1.3 million. "We're told Jay - whose �182.1 million 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",a source said. Jay-Z has recently joined fellow rapper Diddy Combs to chip in $1.3 million for victims of Hurricane Katrina this week, and supported Kanye West's speech against President George W Bush.

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