It's the giving season, and some celebrities are ready to put their money where their mouths are. We've heard about the rich and famous giving expensive cars, glitzy jewelry, and even prime real estate -- but Tyrese Gibson has put them all to shame.

The Fast and the Furious star was walking the red carpet at GQ Men of the Year Party when he stopped for a brief interview with Entertainment Tonight. During the course of the impromptu chat, the multi-talented performer let slip what was going to appear under the Christmas tree for one very special little girl.

'Well, I just bought my daughter an island," he cheerfully told ET. "Can't say [where]," he added. "She knows all about it and the island is called Love Island. I'll be putting it up on my Facebook soon."

Eight-year-old Shayla Gibson may be the sitting pretty on her very own island, but this isn't her first taste of the high life. The precocious little girl has joined her father on the red carpet for several events and fielded questions from reporters like a seasoned pro. She's made an appearance on The View alongside her famous father, and even co-written a children's book series with him. And now as the proud owner of her own island, it's safe to say she'll be getting even more media attention.

While Tyrese's gift to his daughter may seem extravagant to the average person (and even those prone to dropping a lot of money on their loved ones come the holiday season), he's just another in a long lift of celebrity parents who love to spend small fortunes on their kids' presents:

North West's Diamond-Studded Christmas

Kanye West reportedly spent over $74,000 on daughter North West's Christmas presents last year, including dropping $62,000 on a diamond-encrusted tiara for the two-year old. No word yet on how he and wife Kim Kardashian plan to make this Christmas even more memorable.

Blue Ivy's Blinged-Out Barbie

Music power couple Beyonce and Jay-Z celebrated daughter Blue Ivy's first birthday by presenting her with a diamond-encrusted Barbie with an estimated worth of $80,000. Her whole birthday came out to tune of $200,000. And the "Crazy In Love" duo is only getting started: rumor has it they spent well over $1 million to celebrate their daughter's third birthday.

Suri's Sweet Treehouse


Kate Holmes wanted her daughter with Tom Cruise, Suri, to have one of the basics of childhood: a treehouse. But no ordinary treehouse would do for Suri; this one comes complete with electricity, running water, and other luxuries befitting the daughter of Hollywood royalty. All these amenities added up to a treehouse worth $100,000.

Max & Emme's Pricey Ponies

What little kid doesn't dream of owning their own pony? Well, the twins of Jennifer Lopez and Marc Anthony for starters. Max and Emme don't need to dream of having pet horses--the pampered twins were the proud owners of a pair of Shetland ponies when they were barely a month old. Since then they've been gifted with diamond-encrusted rattles, attended movie premieres with their superstar mother and even been pampered by special baby masseuses. Hey, being a celebrity child can be a stressful job--but someone's got to do it.