The 'Empire State of Mind' hitmaker is reportedly keen for his wife and the 'Shake It Off' singer to collaborate on a new track and treated their attendance at her birthday party as a ''business meeting''.
A source revealed: ''Taylor Swift's birthday was not just a fun celebration, it was also a business meeting for her, Jay Z, Beyonce and Justin Timberlake.
''Name me four other people that are more powerful in the music world right now. Jay Z is obviously aware of this and he is the ultimate business man.''
The 45-year-old rapper and music producer wants to use Taylor's ''powerhouse'' status to develop his brand.
He knows that Taylor is an extreme powerhouse. He has told Taylor his ideas - he wants to do music with her, and he also wants her to do music with Beyoncé.
''Jay Z wants her brand to go in with him for other business ventures as well. If those four walk into a room, who is going to say no to them? Nobody!
''Jay Z is a mogul, he wants to make the most out of their friendship and business relationship and make the Mount Rushmore of music!''
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