That's if MediaTakeOut is to be believed. Here's how they are reporting it:

Jay Z celebrated his first ever Father's Day with his wife Beyonce. So what could she give him...he already has multiple homes, multiple cars, tons of expensive jewelry.
Well a insider tells us that Beyonce bought Jay Z the true baller gift...a private jet!!!
According to our snitch, Bey bout her Hip Hop Mogul hubby a brand new Bombardier Challenger 850. The jet, we're told cost about $40 million. It has a living room, a kitchen, a bedroom and two full bathrooms