A New Orleans mansion reportedly owned by Jay-Z and Beyonce has caught fire

TMZ reports the mansion belongs to music power couple Jay-Z and Beyonce, and that the fire department took over two hours to extinguish the flames after they got the call around 6pm.

As of the time of writing, the extent of the damage is unclear, but sources told The New York post things could have been much worse if not for the swift response of the fire department.

An insider told the publication: “If they didn’t get there when they did, it could have been much worse. It’s a historic home.”

The bad news for Jay-Z and Beyonce comes after they were reported in May to be the couple behind the recently commissioned Rolls-Royce Boat Tail personalised convertible, which is the most expensive car in the world.

The British luxury car manufacturer unveiled the £20 million vehicle earlier this year and sparked speculation about who had requested it, before sources claimed it was designed for the musical pair.

An industry source said: “It's thought this fantastic car has been commissioned by Beyoncé and Jay-Z, with all its detailing matching their favourite things.”

The convertible grand tourer is the first of an exclusive trio of highly personalised nautically-based limousines, and was designed for the Mediterranean backroads of the Cote d'Azur, which Jay-Z and Beyonce regularly visit and where they enjoy outdoor picnics.

The Boat Tail even comes with a fridge set to six degrees, which is the precise temperature required for the couple’s favourite Armand de Brignac luxury vintage, priced up to £57,950 a bottle.