Beyonce's Father Will No Longer Manage Her Career

R&B superstar Beyonce Knowles has officially ended her business relationship with her father Matthew Knowles. Both sides claim that it was an amicable decision. This was the statement from Beyonce, "I've only parted ways with my father on a business level. He is my father for life and I love my dad dearly. I am grateful for everything he has taught me."

On the other hand, this was the statement from Matthew Knowles, "The decision for Beyonce and Music World Entertainment to part was mutual, We did great things together, and I know that she will continue to conquer new territories in music and entertainment. Business is business and family is family. 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."

Beyonce together with the Destiny's child were handled by Matthew Knowles in the late 1990s. Beyonce was a phenomenal success as a solo artist with 16 Grammy Awards and blockbuster movie "Dreamgirls." The 29 year-old superstar has a total of three solo albums and was credited in eight movies including Austin Powers in Goldmember and Obsessed.

With Beyonce's departure as a manager, who would fill in this big shoes, husband music mogul Jay Z maybe?

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