Beyoncé Knowles drops father as manager

Beyoncé Knowles has announced she will no longer be managed by her father.
The pop superstar has ended her business relationship with Mathew Knowles, who has worked with her since she kicked off her career in Destiny’s Child in the 90s. No reason has been given for the split, but Mathew has insisted the decision was mutual.
'I am grateful for everything he has taught me,' Beyoncé said in a statement yesterday. 'I grew up watching both he and my mother manage and own their own businesses. They were hardworking entrepreneurs and I will continue to follow in their footsteps.'
Beyoncé has emphasised she and her father have only parted ways 'on a business level' and she still has a good relationship with him. It is not yet known who Beyoncé’s new manager will be.
'He is my father for life and I love my dad dearly. I am grateful for everything he has taught me,' Beyoncé added.
Mathew released his own statement a few hours after Beyoncé. He insists he is happy with the decision and he is confident Beyoncé will continue to enjoy a successful career.
'Business is business and family is family,' he said. 'I love my daughter and am very proud of who she is and all that she has achieved. I look forward to her continued great success,' he said.
Mathew continued to work with the 29-year-old after she launched a solo career and he oversaw all aspects of her career, including her music, film work and fashion. Beyoncé has won 16 Grammy Awards, released three multiplatinum albums, launched a fashion line and appeared in successful movies including Dreamgirls.
Beyoncé’s Destiny’s Child bandmate Kelly Rowland ended her business relationship with Mathew in 2009. © Cover Media