Matthew Knowles Stealing From Beyonce
Although I have no doubts that Matthew Knowles probably stole from Beyonce whenever he could get away with it, I don't think he was fired because of that. I think Beyonce told him he was fired for that, but come on, he was fired because he cheated on his wife all the time and got at least one woman pregnant with a half sibling that will be around forever and popping up more often than Paris Hilton takes Valtrex.
Do you think that is the one time Matthew Knowles cheated on his wife and Beyonce's mother? Does Beyonce ever take her dad shopping? When was the last time you saw Beyonce and her dad hanging out? Yeah, exactly. The money was just a good reason and got him out of her life. According to TMZ, Matthew is trying to prove he did not steal any money. Great. Then what? You think Beyonce is going to hire you back?
Another set of concert promoters apparently told Beyonce they could pay her more because Matthew was helping himself to her money. That may just be unfair rumor but she subsequently hired a law firm to audit what Matthew was taking. Matthew is complaining about the other concert promoters making the allegations that he stole money. It should be remembered that such disputes may just be civil rather than criminal. But he is strangely silent about the independent audit confirmed that he was getting money he wasn't entitled to. I don't think he gets the job back and I don't think Beyonce is being unfair.
ReplyDeleteIf this is true, that this man stole money from his own hard working child, then it just proves that you can take the crap out of the bowl but it's still gonna be crap.
ReplyDeleteOne thing I truly admire about Beyonce is her savvy business sense. I get the feeling that she overlooked her dad's mistresses and the lovechild, but when he dipped into her bank account, THAT was the final straw. The girl writes a lot of songs centering around all the shit she buys, so I'm thinking that she's rather attached to her cash.
ReplyDeleteNo! I am shocked, I tell you. Shocked!
ReplyDeleteIn the music business it's pretty common to see small-time producers luck into one successful property and then use it (and its offshoots) as a personal piggy bank until auditors catch up to the gag. Plus concert promotion is shark-infested waters; there's always someone watching your nightly take to see how they can get a piece of it. If he was surprised by this, *especially* with a shark-in-his-own-right SIL like Jay-Z, Matthew is even more delusional than we thought.
ReplyDeleteAll the ex-Destiny members said Matthew Knowles was stealing from them and were fired when they wanted their own managment and accounting.
ReplyDeleteIf he stole from them it doesn't take a dective to figure out he would steal from the golden goose herself.
I'm not a Beyonce fan, really. I like a few of her songs, but wouldn't go out of my way to buy an album. That said, she's one of the hardest-working people in mainstream music and has cultivated a brand and image for herself. Kudos to her.
ReplyDeleteIt's not surprising in the least that Matthew would steal from Beyonce. He sucked Destiny's Child dry and DC was a vehicle to help Beyonce become a solo artist. So when that happened, Matthew hit the jackpot and pinched money whenever he could.
The half-brother doesn't help matters, obviously. It's one thing to cheat, but another ball of wax to have a child to prove to the world that you can't keep it in your pants. No way Beyonce and her mother were going to do with that drama.
But what is happening here is Matthew's worst nightmare. His daughter married someone smarter than him. Jay-Z is no one's fool. He's not the richest hip hop star for nothing. They say he's worth $300-400 million, but I think he's richer than that, IMO. He has deals with Live Nation for his label and concerts. He owns a stake in everything he does. He's encouraging Beyonce to do the same thing.
It doesn't take a genius to realize Jay told his wife to check her books. Matthew skimmed, IMO. Maybe not tens of millions, but more than his fair share.
Matthew is screwed. Beyonce was his one and only golden egg. And he's ran her off to another pond.
it was Live Nation that brought it to her attention and proved he was taking more then his share since they wanted a deal with her. Guess they got it.
ReplyDeleteAnd isn't he a Christian? Guess he didn't pay attention to commandment #8 - "Thou shalt not steal."
ReplyDeleteLol Jason - if you knew how often Michael Lohan talks about God, you'd know it really doesn't mean anything in relation to behaviour ;)
ReplyDelete@ JasonBlueEyes and RocketQueen - LOL - Yes right on in both comments.
ReplyDeleteFurther on what I posted earlier: he probably thinks he has permanent rights to all things Beyonce and any resulting income, since he's her father. Boundary issues much?
ReplyDelete@RQ - Right on. I laughed so hard at Michael Lohan opening up his bible on Celeb Rehab the other night. That was too good.
ReplyDeleteI've never really understood keeping family members in as management. I wouldn't want my family members managing my money and I don't have anything close to what Beyonce has. Once you reach a certain level of success, you'd think you'd move on to more established professionals...not that they can't steal from you either but involving family and friends in business matters has just never seemed like a good idea.
ReplyDeleteShe probably hated him using her money on women other than her mother...can't blame her for not wanting to support a slew of 1/2 sibs....also I'm sure her mom had a bit to do with this.
ReplyDeleteDo I think he helped himself to some of her money...Oh yeah, just too tempting.
I feel bad for her, can you imagine if you couldn't even trust you DAD? My Dad would do anything for me.
ReplyDeleteHe's their Mama Rose; he may have helped to launche Beyonce, but she's way beyond his reach now. Heck, even her mother and Kelly Rowland are beyond his reach. IMO JayZ set him up through his Live Nation contacts to show his wife some proof from a neutral third party that Knowles had been ripping her off. Getting Beyonce's contract was Live Nation's payoff and Jay doesn't look like a villain picking on his poor FIL.
ReplyDeleteSo glad JayZ is a good guy. Hope we never find out different.
ReplyDelete___-__=__ : ITA. He probably spotted Knowles' skimming right away but wanted Beyonce to make an informed decision on her own.
ReplyDelete