A fundraiser hosted by Beyonce and Jay Z at the 40/40 Club has gleamed a healthy addition to Obama’s re-election campaign, according to The Hollywood Reporter.

Things are looking pretty good for Obama’s second term. After appearing on the Late Show With David Letterman in New York on Tuesday (September 18th) Obama arrived to a $4m boost for his re-election hopes at the 40/40 club. The New York joint was the scene for a tremendously successful fundraiser, hosted by Hip-Hop’s favourite couple. "I can't tell you how proud we are to host tonight's event with President Obama," Beyonce told the crowd. "We believe in his vision." The love-in didn’t stop there, and a reciprocal Obama was full of praise for the former Destiny’s Child star: "Beyonce couldn’t be a better role model for our daughters because she carries herself with such class and poise and has so much talent," he explained after confirming his affection for his celebrity pals. "To J and B, thank you so much for your friendship,” he beamed.

Obama was also quick to point out that he and Jay Z have a lot in common. "We both have daughters and our wives [that] are more popular than we are. So, you know, we've got a little bond there. It's hard but it's okay." Given Mitt Romney’s recent public PR mishaps, and Obama’s support from some of America’s biggest stars, the 44th President of The United States looks like he’ll secure second term come election night.