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Beyonce's father no longer her manager

New York - Beyonce will no longer be managed by her father, Mathew Knowles, her publicist said on Monday.

The Grammy-winning singer and her father have parted ways "on a business level", publicist Yvette Noel-Schure told The Associated Press in a statement.

"I am grateful for everything he has taught me," Beyonce said in the statement. "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."

She didn't say what led to the split, but her father said in a separate statement to the AP late on Monday that the decision was mutual.
 
Knowles has managed his daughter since she debuted as a teen in the multiplatinum-selling group Destiny's Child in the late 1990s and throughout her superstar career as a solo artist.

Knowles oversaw all aspects of Beyonce, from music to movies to fashion and more. Her career includes 16 Grammy awards, top-grossing movies Dreamgirls and Obsessed, fashion ventures and lucrative endorsements.

‘I love my dad’

In the statement, Beyonce stressed her devotion to her father on a personal level.

"He is my father for life and I love my dad dearly. I am grateful for everything he has taught me," Beyonce said.

Knowles also got personal in his statement.

"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," he said.

Knowles and Beyonce's mother, Tina, divorced in 2009 after 29 years of marriage. Tina Knowles worked as a stylist for Destiny's Child and continues to style her daughter. Together they launched a clothing line, House of Dereon.

Noel-Schure didn't comment on who Beyonce's new manager would be.

Knowles said his plans include focusing on his label's work in gospel and inspirational music, where he said the company has made a "tremendous investment".

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