Beyoncé and Jay-Z Raise $4 Million at Obama Fundraiser

Beyoncé and Jay-Z's rich pals forked over $40,000 per ticket

President Obama spent his Tuesday evening in New York, partying with Jay-Z and Beyoncé at Jay’s 40/40 Club where the couple raised $4 million during a $40,000/ticket fundraiser.

The YBF reports that the president had a few jokes:

Beyoncé couldn’t be a better role model for our daughters because she carries herself with such class and poise — (applause) — and has so much talent. And Jay-Z now knows what my life is like. (Laughter.) We both have daughters, and our wives are more popular than we are. (Laughter and applause.) So we’ve got a little bond there. (Laughter.) It’s hard, but it’s okay. It’s okay. (Laughter.)

Beyoncé’s support for President Obama extends beyond the fundraiser. Beyonce and her mother Tina Knowles designed special edition $65 House of Dereon onesies for the Obama campaign’s Runway to Win project.

Runway to Win features Obama-inspired clothes and accessories designed by celebrities like Ricky Martin and fashion industry giants like Vera Wang and Diane Von Furstenberg.