Hip hop giant Jay-Z is planning to have kids with his wife, R&B singer Beyonce soon, according to reports.

The 40-year-old has apparently been inspired by his friend and fellow musician Chris Martin from Coldplay. Martin is happily married to actress Gwyneth Paltrow and the couple have two children Apple, 5 and 4-year-old Moses together.

In an interview with Q Magazine, Jay-Z said: "They are a really cool family with beautiful kids, who happen to be good at the jobs they do."

The rapper was asked if he'd like children, to which he said: "Kids? Of course."

The 'Empire State Of Mind' rapper and Coldplay frontman have been good friends for a while, but Jigga says once upon a time this wouldn't have been the case.

Jay-Z said: "What would I have thought of Chris at 16? That's a different scenario. He couldn't have walked through Marcy. I was a different person then - I wasn't open to the world and different cultures.

"I would have been, 'Yo! Who are you? Give me your money.' You couldn't have a guy like Chris walking through Marcy. He'd have got robbed. At best.”

Well I'm guessing Chris Martin's pleased...

Check out our pictures of Beyonce and Jay-Z on holiday... perhaps they're trying for a little one while they're on holiday?