Jamie Foxx opens up about raising children in Hollywood and reveals Jay-Z is his…

Jamie Foxx is one proud papa.

“In this business, sometimes it can get crazy, but my daughter, she’s just incredible — 23 years old [and] graduated from college. It was just a great moment,” Foxx told PEOPLE on Friday as he celebrate the kickoff of the JetSet SuiteLife package at the W Boston.

“It’s amazing to see our kids grow up. We’re so proud of them,” he said of Corinne, and younger daughter Anelise, 8. “They ended up being okay.”

When it comes to maintaining normalcy in Hollywood, Foxx says his favorite way to decompress is vacationing in Miami, Florida, with his family but, at the end of the day, his home in Westlake is also a great sanctuary for him and his girls.

“I got a great house in Westlake. There’s this little electric boats, and we can pile about 15 people in these boats. You can literally swim faster the boat,” Foxx said. “I let my daughter drive… the little one. She’s 8, and she’s been driving since she’s like 4.”

Foxx said when it comes to parenting in the public eye, he looks up to is JAY-Z, even though the rapper has been a dad for far less time than Foxx.

Though he hasn’t met the mogul — whom he sat next to Thursday evening at the Diamond Ball in New York — and Beyoncé‘s new twins and is not that close with the hip hop star, he says he’s “a little in awe of JAY-Z.”

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A post shared by Sherri Hill???? (@sherrihill) on Sep 12, 2017 at 5:13pm PDT

“I like to keep that mystique of him. I don’t ever wanna be too close,” Foxx told PEOPLE. “I keep JAY-Z on a certain level.”

The businessman also is part of a special connection Foxx has with his own father — whom he was estranged from having been raised by his grandparents.

Aside from his daughters, the star also has another special lady in his life.

Earlier this month, Foxx was photographed holding hands with Katie Holmes as the duo strolled down a beach in Malibu. The notoriously private duo has been rumored to be dating since 2013.

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