Sounds like little Blue Ivy is destined to live a life of extravagance!

New daddy Jay-Z recently opened up to pal Oprah Winfrey about first-time fatherhood on Oprah's Master Class: Special Edition, and the 43-year-old rapper revealed his parenting joys, fears, and inspirations.

"Well, I mean, everyone imagines they'll be a great dad. Until they're teenagers saying, 'Get away from me, Dad. You're embarrassing me!' Right? Everyone imagines that, right?" he dished to the talk show queen.

Since wife Beyonce gave birth to the couple's first child in January, the little tot has been spotted rocking the most luxurious baby fashions, and the "Forever Young" lyricist revealed his hopes to keep his little girl as grounded as possible, despite the fact her parent's are one of the richest couples in Hollywood.

"I imagine I'll take things I learned from my mom and things I've learned from raising my nephews and apply that," he explained. "At the end of the day, I just know I'll probably have the worst, spoiled little kid ever."

When your mom is Sasha Fierce, how can you not grow up to be a little diva?!



Beyonce and Jay-Z are introducing baby Blue Ivy to the ultimate playground for the rich -- St. Barth!

The 3-month-old is already racking up the miles in the private jet and earning beaucoup VIP points for her luxury travel ... the family rented one of the most expensive private villas on the island to accommodate Blue, the nanny, the family and their entourage.

Talk about a silver spoon! That's one lucky baby!

Beyonce and Jay-Z took daughter Blue Ivy out today in New York, for the first time since she came home from the hospital. Looks like the 7-week-old Blue is warm and snugly against her mom in that black Donni Charm scarf! Too cute!

The New York Knicks lost to the New Jersey Nets Monday night, but it didn't stop new parents Jay-Z and Beyonce from a romantic night out.

Blue Ivy's parents, who are no doubt Knicks fans, were all smiles after leaving dinner in the Big Apple.

We're lovin' Beyonce's bright yellow jacket and sparkly Louboutins. Parenthood sure looks good on them!

BeyonceOnline.com

Beyonce and Jay-Z have released the first photos of their daughter Blue Ivy, posting the pictures on B's web site.

Blue was born Jan 7 in New York -- Beyonce recently made two appearances, showing off her amazing post-baby body.

The super couple has been busy getting back to work after the birth of their first child, but they also seem to be preparing for baby Blue's future. Bey and Jay-Z recently trademarked their daughter's name, reserving it for a future line of baby products!

In the meantime, seems Blue Ivy will survive on her good looks alone. Look at all that hair!

Jay-Z and Kanye West have released their new video for the hit single "Paris," and no doubt, these two powerhouses are commanding the stage!

The video, filmed during their "Watch The Throne" tour, features some hardcore flashing lights ... which actually prompted a warning that the video may cause epilepsy.

We're lovin' the cameo from Will Ferrell in a scene from Blades of Glory. The flashing strobe lights ... not so much.

Days after Jay-Z and Beyonce's little girl Blue Ivy was born, her dad turned her cries into a hit song. "Glory", featuring baby Blue, hit the web and features the rapper talking about "the most amazing feeling."

The rap lullaby is expected to hit the Billboard charts at #74. Billboard's editorial director Bill Werde tells the NY Daily News:

"It's historical. The charts are almost 72 years old, so to be the youngest ever to chart is something."

With such superstar parents, we have a feeling this little girl has a great future on the charts!

Listen to "Glory" below.

Jay-Z and Beyonce's little girl, Blue Ivy Carter, is already featured on one of daddy's songs!

The 42-year-old "Empire State Of Mind" singer recorded a new track called "Glory" and posted it on his website Life + Times. The catchy song, co-produced with Pharrell, features the cries of the baby girl born just two days ago.

In the song, Jay talks about a past miscarriage that his wife suffered before they conceived baby Blue. He raps:

"Last time the miscarriage was tragic / We was afraid you'd disappear but nah baby you're magic."

Listen to the entire song below!