The Insider.com

It's no secret Beyonce and her hubby Jay-Z are huge fans of President Barack Obama and First Lady Michelle, and now the power couple is taking their love one step further.

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Entertainment Weekly reports the superstar duo will host a fundraiser for the president's re-election campaign in NYC at Jay-Z's 40/40 Club on Tuesday, September 18. Tickets to the event are rumored to be going for upwards of $40,000 per person for the 100-guest gathering. Barack is scheduled to attend.

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Beyonce performed at the President's inauguration in 2009 and isn't afraid to express her admiration of Michelle Obama. Jay-Z has also been known to pen a few tracks in honor of POTUS.

Gwen Stefani, George Clooney and Sarah Jessica Parker are just a few of the other Hollywood heavyweights who have held fundraisers this year in support of the president.