Asahd Khaled received a $100,000 diamond watch for his first birthday

By now, it's a known fact that Asahd Khaled, son of DJ Khaled, is living a more lavish life than most babies his age and Khaled will stop at nothing to ensure his mini-mogul reaps the fruits of his labor. Khaled recently rented out a Miami club to throw his son an extravagant first birthday party and to top it all off, the famed producer gifted his son an equally extravagant watch.

Asahd's new watch is from luxury watch brand Frank Muller and cost Khaled a whopping $100,000. The rose gold piece is doused in about 11.5 carats of dazzling diamonds. To make the watch all the more special, the "I'm The One" producer engraved his son's name and birth-date on the back of the watch.

Khaled tapped his fellow mogul friend Diddy to host the birthday celebration.The jungle-themed party featured a gold throne for the mini-mogul as well as dancers dressed in animal costumes, monkeys, and tiger cubs.