Beyoncé may be the most recognized name and face in the music industry today. Her rise to stardom began with the group “Destiny’s Child” and her solo career has continued her meteoric rise to stardom. One of the nice stories in the industry, her father, Mathew Knowles has been her manager – not any longer.

Believing her father stole money from her during her last tour, the Diva fired her father in a stunning event. Despite the believed-theft, Beyoncé remains close to her father.

"I've only parted ways with my father on a business level, she said in an interview with the Hollywood Reporter. “He is my father for life, and I love my dad dearly. I am grateful for everything he has taught me. I grew up watching both he and my mother [Tina Knowles] manage and own their own businesses. They were hard-working entrepreneurs and I will continue to follow in their footsteps."

The Story Gets Confusing

Mathew Knowles said at the time that the parting was a mutual decision, claiming he was choosing to focus more on the gospel artists he represents.

But now, in legal papers he recently filed, Mathew Knowles claims that Live Nation Entertainment made false claims about him to his daughter in the hopes of coming aboard her 2011 world tour.

Live Nation told the singer that he "had stolen money from Beyoncé on her most recent tour or otherwise taken funds that [he] was not entitled to," according to the legal documents.

Supporting those claims was Beyoncé’s law firm, who conducted an audit that concluded Mathew Knowles had stolen money, but he denies the accusations and is asking a judge to take depositions from several Live Nation employees to determine how they arrived at their conclusions.

Hmm…Perhaps a preventative stop theft class would have kept him in his daughter’s financial grace.