When you have one of the most successful careers in music history, a beautiful world renowned wifey, the most talked about baby girl in the world AND your own basketball team, what more can you ask for? How about your own 2-day music festival? Jay-Z is holding a press conference later today in Philadelphia with Mayor Michael A. Nutter, where he is expected to announce that he will be curating and headling the first Budweiser 'Made in America' music festival.

Hov plans on featuring as many as 28 musical acts in Philadelphia's Fairmount Park between Sept. 1 and Sept. 2. The festival will be produced by Live Nation and the lineup will consist of "rock, hip-hop, R&B, Latin and dance" musicians. No acts have been officially announced, but I'm pretty sure Jay-Z has plenty of top notch options on speed dial.

Tickets for the even will go on sale at ticketmaster.com and livenation.com on May 23.

UPDATE: Live stream of the press conference that took place earlier this morning has been released.

Jay-Z Announces Budweiser 'Made In America' Music Festival In Philadelphia

[via RapDose]