The famous pair saw their daughter celebrate her first birthday on 7 January and wanted to make sure it was a birthday to remember, even if Blue Ivy was too young to know what was going on.
The couple are believed to have spent around £50,000 on the doll for their daughter, which is covered in 160 diamonds and sports white gold jewellery.
They also held a lavish celebration for their family and friends in New York, which saw them fork out £60,000 on white and pink roses to use for decoration and a cake, which cost £1,500.
But the day was not all about buying presents for just their little girl, as all other youngsters attending also got some special toys, with a further £20,000 spent on jewellery sets, costumes and playhouses. All adult guests also got to take home a goodie bag, containing concert tickets and personalised gold pens.
A source told the Sun: "Nothing's been too big or expensive for their little princess. They wanted her first birthday to set the tone for the rest of her life. They work hard for their money and the first thing they want to spend it on is their baby girl."
Maybe Beyonce wanted to make sure she spent some quality time with her daughter as she has a busy few months ahead.
Following speculation that she is releasing a new album it has instead been announced that she has teamed up again with her former Destiny's Child bandmates and the trio will be performing at this year's American Superbowl.
Kelly Rowland, Beyonce, LeToya Luckett and LaTavia Robertson at the Shine Auditorium in Los Angeles.
Beyonce rocked a camouflage dress at a live performance at HMV.
On stage at Party in the Park.
Destiny's Child hit the Grammy Awards in all white.
Destiny's Child wear matching yellow outfits.
Beyonce performed at the VH1 Vogue Fashion Awards.
Destiny's Child wear denim, crop tops and rhinestones.
The singer opted for sheer and sparkly at the Grammy Awards.
Doing her best Foxxy Cleopatra impression in a glittering gold dress.
Looking lovely in a full length floral dress at the VH1 Divas Duets.
She rocked the LBD for the Entertainment Industry Foundation Party.
Perhaps not her finest fashion moment. Beyonce at the NBC Today Show Summer concert series.
She dazzled the crowds at the 2003 MTV Video Music Awards.
She dressed down in UGGs to announce the pre-game activities for the Super Bowl.
Beyonce launching her Tommy Hilfiger fragrance.
Reunited with Michelle Williams and Kelly Rowland at the 2004 Jingle Bell Ball.
Beyonce got glammed up for the opening of Jay-Z's 40/40 Club in Atlantic City.
Beyonce backstage at the MTV's Total Request Live.
Who else could look this good in a nude mini dress? Another backstage pose after her appearance on MTV's TRL.
Beyonce rocked canary yellow at a chaity event.
Anothe glam look for the opening of Jay-Z's 40/40 Club, this time in Las Vegas.
One of the singers finest red carpet moments. She stepped out in an Armani gown at the Metropolitan Museum of Art Costume Institute Gala.
Beyonce topped the best dressed lists at the Golden Globe Awards in an Elie Daab gown teamed with a dazzling diamond necklace by Lorraine Schwartz.
Beyonce looked white hot at the launch of the Lorraine Schwartz's 2BHAPPY jewellery collection.
The singer announced her pregnancy at the 2011 MTV video Music Awards. She looked stunning in this asymmetrical Lanvin gown.
Beyonce at the launch of her Pulse fragrance.
Beyonce at the Pulse fragrance launch.
Pregnant Beyonce wore a black maxi when hosting the screening of Live at Roseland.
Beyonce attends the Costume Institute Benefit at The Metropolitan Museum of Art.