As yourself this question. Even if you had the money, would YOU spend 200k on a first birthday party for your child? It's easy to say no, but I guess people begin to expect these lavish parties from celebrities.
I thought I went all out on Taylor's first birthday with a party at a place like Frankie's. She was one, all her friends were toddlers. As long as I had goldfish and cake they could have cared less.
I would like to believe that I wouldn't. If I had an extra 200k, I would like to think I would do something worthier with it like a donation to my favorite charity in my child's name OR throw a big party and ask those invited to bring a donation of a toy or SOMETHING to give back.
Read the story about Blue-Ivey's first birthday party, that included an 80 THOUSAND DOLLAR Barbie doll, here.