The Brooklyn rapper Jay Z turned mogul lands on the front of the latest Vanity Fair.

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Jay Manuel posted a pic of Instagram of June Ambrose’s latest work: styling Jay Z for the cover of  the November 2013 issue of Vanity Fair.

**Updated**

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Jay talks Blue Ivy’s musical preference, his mother knowing about him dealing drugs as a teenager, wooing Beyoncé, and dismissing Forbes‘ guesstimate on his net worth.

Check out the highlights below:

On Blue Ivy’s musical preference:

She does like her mother’s music—she watches [Beyoncé’s concerts] on the computer every night. But my album came out and I don’t know if Blue ever heard any of my music prior to this album—she’s only 18 months old and I don’t play my music around the house. But this album was new, so we played it. And she loves all the songs. She plays a song and she goes, ‘More, Daddy, more . . . Daddy song.’ She’s my biggest fan. If no one bought the Magna Carta [album], the fact that she loves it so much, it gives me the greatest joy. And that’s not like a cliché. I’m really serious. Just to see her—‘Daddy song, more, Daddy.’ She’s genuine, she’s honest, because she doesn’t know it makes me happy. She just wants to hear it.”

On Barack Obama’s 2008 election:

“[The 2008 election] actually renewed my spirit for America. It was like, Oh, wow, man, this whole thing about land of the free, home of the . . . it’s, like, real—it’s going to happen, everyone’s getting to participate in it. But growing up, if you had ever told a black person from the hood you can be president, they’d be like, I could never . . . If you had told me that as a kid, I’d be like, Are you out of your mind? How?”

On being a sports agent:

“I know about budgets. I was a drug dealer,” he tells Robinson. “To be in a drug deal, you need to know what you can spend, what you need to re-up. Or if you want to start some sort of barbershop or car wash—those were the businesses back then. Things you can get in easily to get out of [that] life. At some point, you have to have an exit strategy, because your window is very small; you’re going to get locked up or you’re going to die.”

On rumors of Beyoncé having a surrogate:

“I don’t even know how to answer that. It’s just so stupid. You know, I felt dismissive about it, but you’ve got to feel for her. I mean, we’ve got a really charmed life, so how can we complain? But when you think about it, we’re still human beings. . . . And even in hip-hop, all the blogs—they had a field day with it. I’m like, We come from you guys, we represent you guys. Why are you perpetuating this? Why are you adding fuel to this ridiculous rumor?”

On trademarking Blue Ivy:

“People wanted to make products based on our child’s name,” he says, “and you don’t want anybody trying to benefit off your baby’s name. It wasn’t for us to do anything; as you see, we haven’t done anything.”

On Forbes‘ estimate on his net worth:

“I’m not motivated by that. . . . I don’t sit around with my friends and talk about money, ever. On a record, that’s different.”

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