Jay-Z Threw Down Some Serious Cash for Christmas Presents

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Photo: Scott Wintrow/Getty Images

Lady Gaga wasn't the only one spending gobs of money on Hermès gifts last week: Jay-Z reportedly did some last-minute shopping at the label's Madison Avenue boutique on Friday. "Page Six" reports, "Jay was in a private room of Hermes doing last-minute shopping. He had a guard standing watch outside. He spent $350,000 on Birkin bags, among other things." [Page Six/NYP]