*The business relationship between Beyonce and her father Mathew Knowles has come to an end.

A publicist for the singer said Monday that the Grammy winner will no longer be managed by her father, Mathew Knowles, who has overseen his daughter’s career since she debuted as a teen in Destiny’s Child.

“He is my father for life. I am grateful for everything he has taught me,” Beyonce said in the statement. “I grew up watching both he and my mother manage and own their own businesses. They were hardworking entrepreneurs and I will continue to follow in their footsteps.”

Beyonce’s publicist Yvette Noel-Schure didn’t say what led to the split, but her father said in a separate statement to the AP late Monday that the decision was mutual.

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

Knowles oversaw all aspects of Beyonce’s professional life, from music to movies to fashion and more. Her career includes 16 Grammy awards, top-grossing movies “Dreamgirls” and “Obsessed,” fashion ventures and lucrative endorsements.

His plans moving forward include focusing on his label’s work in gospel and inspirational music, where he said the company has made a “tremendous investment.”

Under Knowles, Beyonce, 29, released three multiplatinum albums — “Dangerously In Love,” “B’Day” and “I Am … Sasha Fierce” — and had 12 Top 10 hits on Billboard’s Hot 100 chart, including five No. 1s. Destiny’s Child had 11 Top 10 hits on the Hot 100 chart and six No. 1s.

During Beyonce’s teen years in Houston, Knowles prepped her, her friend Kelly Rowland and two others for R&B girl group Destiny’s Child, which released its self-titled debut in 1998. Their sophomore album, “The Writing’s On the Wall,” came a year later and garnered multiple hits and two Grammys, but the success also shook up the band and Destiny’s Child became a trio with Beyonce, Rowland and Michelle Williams.

The three also released solo albums, all managed by Knowles. He launched his own label, World Music Entertainment, via Columbia Records, a division of Sony Music.

Rowland parted with Knowles as her manager in 2009 and Williams followed a year later.

Knowles and Beyonce’s mother, Tina, divorced in 2009 after 29 years of marriage. Tina Knowles worked as a stylist for Destiny’s Child and continues to style her daughter. Together they launched a clothing line, House of Dereon.

Noel-Schure didn’t comment on who Beyonce’s new manager would be.