09/25/2012 09:46 am ET Updated Nov 25, 2012

Jay-Z And President Barack Obama: 5 Things They Have In Common

"We've got a little bond," President Barack Obama said of longtime pal and supporter Jay-Z, who hosted a $40,000-a-head fundraiser for the POTUS with wife Beyoncé at the rapper's 40/40 Club in New York City last week.

Just how similar is Jay to the Prez? "We both have daughters, and our wives are more popular than we are," explained Obama to an exclusive crowd of 100 guests. "It's hard but it's OK."

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