Mathew Knowles Responds to Broke Rumors Amid Garage Sale Reports

Photo Credit: Local 2
Photo Credit: Local 2

By: Amanda Anderson-Niles

The other day TMZ claimed Beyonce and Solange’s father Mathew Knowles had a major garage sale outside of his office, and he was selling off some of Beyonce and Solange’s merchandise because he’s having serious money problems.

However, Mathew claims while he did have a garage sale, it’s definitely not because he’s broke.

Click 2 Houston writes:

He said a simple garage sale that his staff decided to put together turned into much more.

“Somehow that became we are going out of business, homeless and selling all of Beyonc√©’s stuff to stay alive, which as you can see it’s just the opposite,” he said.

Knowles gave Local 2 a tour of the Music World Entertainment Complex, which includes the House of Dereon Media Center, recording studios and Rice Mansion where pictures of his famous daughter line the wall.

Some speculated the garage was a result of him being strapped for cash.

“If I needed money, I wouldn’t sell $5 T-shirts,” Knowles said. “I’d sell a Grammy or an MTV award. So that is insulting to think we need to sell $5 T-shirts. No, I don’t think so.”

In fact, Knowles says business is good and he has big plans to expand the Music World Entertainment Complex in the next five years. He wants to turn the building that has been filled with all of this old merchandise into a new studio.


Mathew also claims he has no idea what he will do with the money made from the garage sale, but he’s just happy to clear up space in his office.


  1. Maybe he’s not broke, but he’s definitely not eating as good as he used to. I hope all those THOTs were worth it Matty.

  2. He is lying he could put all that stuff in storage so I’m not buying this clearing out office bs he is hurting for money.

  3. N—-r, you broke. Otherwise you wouldn’t have had to ask the judge to lower your child support payments. FOH!!!!

  4. Riiiiight. So we’re just going to act like his thirsty actions for the last several months aren’t a symbol of desperation? Ok.

  5. When your daughter is Beyonce you should really try to avoid getting on her bad side. Her sis and mom are living the good life while Mathew has to do garage sales.

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