Mathew Knowles, born in 1952, is a name synonymous with success in the entertainment industry. As the father of Beyoncé and Solange Knowles, his influence extends far beyond family ties.
But what truly sets Mathew apart is his impressive finance, a testament to his savvy business acumen and strategic insights.
This article delves into Mathew Knowles net worth, exploring the key milestones and decisions that have shaped his wealth. Let’s check on Hookeaudio right now!
- 1 Quick Facts
- 2 What is the Net Worth Of Mathew Knowles 2024?
- 3 Mathew Knowles Overview and Wiki
- 4 All about Mathew Knowles Latest News
- 5 FAQs about Mathew Knowles
- 6 Conclusion
|January 9, 1952
|72 years old
|Matthew Q. Knowles, Lue Helen
|Gadsden, Alabama, USA
|Fisk University, Gadsden High School
|Gena Avery Knowles (m. 2013), Tina Knowles (m. 1980–2011)
|Solange Knowles, Beyoncé, Nixon, Koi
|$1 million (as of 2024)
|Source of Wealth
|Music executive, producer
|6 ft 4 in (1.94 m)
|Approx. 176 Ibs (80 kg)
What is the Net Worth Of Mathew Knowles 2024?
According to public resources, Mathew Knowles’ estimated net worth stands at $1 million as of 2024.
This notable figure reflects his multifaceted career in the music industry, encompassing roles as a manager, record producer, and executive.
Despite facing financial challenges, such as reduced child support payments due to a decline in income, he has maintained a significant presence in the music world and continues to make an impact in various ventures.
Mathew Knowles Overview and Wiki
Early Life and Education
Mathew Knowles was born in Gadsden, Alabama, in 1952, to parents Matthew and Lou Helen Knowles.
He’s an alumnus of Fisk University, where he earned both a Bachelor of Arts degree in Economics and a Bachelor of Science degree in Business Administration.
He later added an MBA in Strategic Planning and Organizational Culture from Cornerstone Christian Bible College.
In recognition of his achievements, Fisk University bestowed upon him an honorary Doctor of Humane Letters in 2008.
Mathew’s career journey is a testament to his versatility. He kicked things off in the sales world, dealing with office and medical equipment.
In 1976, he made a move to Houston and spent a decade with Xerox Corporation, primarily in the medical systems sales division.
His role involved selling CT/MRI diagnostic imaging equipment to hospitals and health facilities, as well as working in neurosurgical sales.
But in 1992, he decided to pivot and devote himself to his passion for music. That’s when he founded Music World Entertainment, a pivotal moment in his career.
Under this label, he established various recording imprints, collaborated with major music labels, and became the manager of the iconic vocal group Destiny’s Child.
His management of Destiny’s Child led to several awards, including Grammy Awards and Billboard recognitions.
Expanding His Empire
Knowles wasn’t content with just managing Destiny’s Child. He expanded his music empire by founding Spirit Rising Music, which later became Music World Gospel.
He also ventured into family-oriented music with Music World Kids. Additionally, he acquired the country music catalog Compadre.
Beyond music, he dabbled in film production and was an executive producer of the movie Obsessed, starring his daughter Beyoncé.
He also featured in a reality series and authored a book, The DNA Of Achievers: 10 Traits of Highly Successful Professionals.
In 2021, Knowles launched his iHeartRadio podcast, Mathew Knowles Impact, and announced plans to retire from the music industry.
In March 2022, Knowles sold Music World Entertainment Group to APX Capital Group, becoming a board member.
He also manages a $275 million fund for US-Italy film and TV co-productions. A major project in the works is The Mathew Knowles Story, showcasing his role in Destiny’s Child’s success and the solo careers of Beyoncé, Solange, Michelle Williams, and Kelly Rowland.
Teaching and Academia
Knowles is not just about making music; he’s also about imparting knowledge. He has taught courses on the entertainment industry at various universities:
- Texas Southern University
- University of Houston
- Prairie View A&M University
- The Art Institute
In 2018, the Mathew Knowles Institute was established in his honor at Texas Southern University.
In September 2022, a bursary scholarship was established in his name at the London College of Creative Media, solidifying his influence in the academic world.
Accolades and Contributions
He has received numerous accolades for his contributions to the music industry, including the Century Award of Excellence from the Omega Psi Phi fraternity, the International Executive of the Year award from the Greater Houston Partnership, and the Living Legends Foundation Award.
He’s an active member of music organizations like The Recording Academy and the Gospel Music Association.
Personal Life and Challenges
On the personal front, he has had his share of ups and downs. He was married to Tina, with whom he had two daughters, Beyoncé and Solange, before their divorce in 2011. He later wed Gena Avery.
Knowles has other children from previous relationships, including a son named Nixon and a daughter named Koi.
He faced financial challenges in a child support case in 2014, where he sought to reduce his monthly payments due to a drop in income.
In 2019, Knowles bravely shared his battle with breast cancer, shedding light on a disease that affects both men and women.
Social Media Accounts
- Facebook (77K Followers)
- Linkedin (43K followers )
- Instagram (85.9K followers )
- Twitter (11.6K Followers)
All about Mathew Knowles Latest News
As of 2024, Dr. Mathew has joined forces with Dr. Joi Carr to co-teach an African American Music History course at Pepperdine University, titled African American Aesthetic Culture From Spirituals to Hip Hop, which began in January and will run through April 25.
He has signed a deal to adapt his memoir, Racism From the Eyes of a Child, into a film or television project.
FAQs about Mathew Knowles
What is Mathew Knowles age?
He was born on January 9, 1952. Currently, he is 72 years old.
How many children does he have?
He has a total of four children.
Who are his famous children?
His famous children include Beyoncé and Solange Knowles, both renowned singers and artists in their own right.
Has he won any awards?
He has received various accolades including:
- The Century Award of Excellence
- The Omega Psi Phi fraternity,
- The International Executive of the Year award
- The Greater Houston Partnership
- The Living Legends Foundation Award.
Is he still active in the music industry?
While he announced plans to retire from the music industry, he remains involved in various music-related ventures, mentoring, and academia.
Who is Mathew Knowles wife?
He has been married twice. His first wife was Celestine Tina Beyoncé, with whom he had two daughters, Beyoncé and Solange, before their divorce in 2011. He later married Gena Avery.
How tall is Mathew Knowles?
He stands at an impressive height of 6 feet 4 inches (1.94 meters).
- Tina Knowles
- Solange Knowles
- Gena Avery Knowles
- Dwayne Wiggins
In conclusion, Mathew Knowles’ journey to financial prosperity is more than a tale of numbers and net worth.
As we’ve explored his financial trajectory, it’s clear that Mathew’s wealth is not just about monetary gain but also about the legacy he’s building.
His story inspires aspiring entrepreneurs and business enthusiasts alike, reminding us that with the right mindset and actions, financial success is within reach.