Manager, businessman, music executive and record producer Matthew Knowles has an estimated net worth of $50 million as of 2012.

Matthew Knowles is the husband of Tina Knowles, and father of Solange and Beyonce Knowles. In the past, he has managed artists like Destiny's Child, LeToya Luckett, Kelly Rowland, LaTavia Roberson, Michelle Williams and his daughter, Beyonce.

Prior to his career as a star maker, Matthew Knowles worked for the Xerox Corporation for 10 years. Later on, he decided to leave his medical and corporate career to manage his growing music company.

He managed and produced several shows of Destiny's Child in the past. Under his management through Music World, Destiny's Child emerged to be one of the most successful female groups in the history of music. In fact, the group received several recognitions from renowned awards such as; World Music Awards, MTV Awards, American Music Awards, Billboard Awards, NAACP Image Awards, BET Awards and Grammy Awards.

Matthew Knowles founded Music World in 1992. Through the years, the company has evolved into a leading music and entertainment companies of the world. Music World has produced for artists like From Above, Solange Knowles, Trin-i-tee 5:7, Sunshine Anderson, J. Xavier and The Pastor Rudy Experience.