Thanks to our friends over at Str8nyc.com for alerting us to Jay Z’s cover story in Time Out magazine.

Jigga shares the NY-based magazine’s 40th Anniversary cover with 39 other noted celebrities, socialites and business czars.

In the article, Jay discusses his wife, Beyonce, and working with Kanye West on Blueprint 3. He even manages to give his rap nemesis a compliment:

You’re the only rapper on this list. We were considering Nas but have this 13-year rule: People on this list had to have had an impact in the last 13 years. And Illmatic was 1994. Should we have included him?
Jay-Z: Ah, wow! [Laughs] That’s a tough question. [Pauses] Yeah, only because of the impact of that album, when it’s considered one of the best albums ever created, you have to document that.

Click here to read more.