A Pre-"Magna Carta" Jay-Z on 60 Minutes

Shawn "Jay-Z" Carter will release his highly anticipated new album "Magna Carta Holy Grail" in early July of 2013.

The rapper sat down with 60 Minutes back in 2002 for a conversation with Bob Simon. In the above video, Carter tells Simon that he grew up in the projects and his rough childhood required him to record his song lyrics in a unique way: by writing them down on paper bags.

Despite Carter's tough upbringing he has risen to be one of the most popular rappers in the world. Carter refused to say he was the best, but he admitted that "I haven't heard no one do that [like I do]."