Beyonce fires her dad!

Beyonce Knowles has dropped her father Mathew Knolwes as her manager.

The stage slut hitmaker who has been guided by him since she first began her career in girl band Destiny’s Child in the late 1990s is “grateful” for her dad’s backing but now wants to separate her personal and professional relationship.

“I am grateful for everything he has taught me,” she said in a statement. “I grew up watching both he and my mother manage me and own their own businesses. They are hard working entrepreneurs and I will continue to follow in their footsteps.

“He is my father for life and I love my dad dearly. I am grateful for everything he has taught me.”

Mathew claimed the decision for him to stop managing Beyonce was “mutual”.

In a statement, he claimed he is still supporting his daughter and continued to be “very proud of who she is”.

“The decision for Beyonce and Music World Entertainment to part was mutual,” he said. “We did great things together and I know that she will continue to conquer new territories in music and entertainment.

“Business is business and family is family. I love my daughter and I am very proud of who she is and all she has achieved. I look forward to her continued great success.”

Recently the 29-year-old beauty was criticized for accepting money from Libyan leader Colonel Gaddafi to perform a private gig on New Year’s Eve 2009.

Although she donated the money she earned to the earthquake-stricken Caribbean nation of Haiti, she also blamed her father for the move.

“Ultimately, Matthew Knowles should be accountable for that decision, and I do accept responsibility,” she said.