James Devaney, WireImage

Forget neckties and "#1 Dad" mugs -- Jay-Z's first Father's Day was more luxurious, and expensive, than you could ever imagine! On behalf of their six-month-old daughter Blue Ivy, Beyonce reportedly gifted Jay a private plane!

Queen B was nothing short of a "Suga Mama" when she presented her hubby with a Bombardier Challenger 850. According to a Perez Hilton source, Jay's shiny new toy is actually more like a new house! "The Bombardier Challenger 850 has a flash interior, including a cream leather living room, a kitchen, a bedroom and two bathrooms," the insider said.

"Beyonce thought this would be the perfect way to show Jay how much of a great dad he is," the source added. Just how great of a dad is he? Enough to drop a staggering $40 million on! And there you have it, Father's Day à la music's top power couple!