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AfroTech: Mathew Knowles Says He Opted To Personally Invest In Destiny’s Child Albums And Music Video Shoots Despite Label Budgets — ‘We Wanted To Control The Narrative’

Mathew Knowles has made a name for himself in the business world without the help of investors.

AFROTECH: Entrepreneurship In His DNA. The businessman was seated center stage during the Building Wealth Today for Tomorrow Financial Empowerment Summit held at the UIC Forum in Chicago, IL, on Oct. 12, 2024. The event is designed to connect the community to tools, resources, and conversations that encourage the desire to create long-term wealth.

“Bringing Mathew Knowles to our summit reflects our dedication to teaching real, sustainable wealth-building principles,” said Melissa Conyears-Ervin, the city’s treasurer. “His focus on generational wealth and self-funded success aligns with our goal of helping Chicagoans achieve true economic mobility. At the Treasurer’s Office, we believe everyone deserves access to the knowledge and resources to build wealth on their own terms, creating a legacy that will benefit future generations.”

Knowles is well regarded as the manager of Destiny’s Child, one of the most successful girl groups and trios of all time. His business acumen is ingrained in his DNA. In fact, Knowles’ grandfather, Davis Hogue, who inspired his daughter Beyoncé’s newest whiskey brand, SirDavis, was an entrepreneur  who owned 300 acres of land and was a moonshine distributor.

He took a hundred acres of that land and he leased it out to the paper mill in this little small town, Marion, AL. I’ll never forget this, and imagine you as a farmer and they’re now paying you to take down the trees, remove the trees, they’re paying you to do that, and then after they get the trees then you go behind them and farm. I thought that was genius,” Knowles told AFROTECH™ in an interview held at the Summit.

Read the whole article here: Mathew Knowles Says He Opted To Personally Invest In Destiny’s Child Albums And Music Video Shoots Despite Label Budgets — ‘We Wanted To Control The Narrative’ – AfroTech

Photo courtesy of Antwan Collins

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