"If I needed money, I wouldn't sell $5 t-shirts," Bey's father said in a local news interview.
Beyonce's father and former manager, Mathew Knowles, held a garage sale in Houston on Tuesday (Dec. 23) in which he sold some of his superstar daughter's old merchandise, including outdated t-shirts, CDs and concert DVDs.
According to local news affiliate Click 2 Houston, Knowles set up shop outside of his Music World Entertainment offices in midtown Houston. Although the 63-year-old manager/producer estimated that the sale would net him around $2,000, he bristled at the idea that he was in dire need of cash three years after Beyonce released him as her manager.
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"If I needed money, I wouldn't sell $5 t-shirts," said Knowles. "I'd sell a Grammy or an MTV award. No, I don't think so."
Instead, Knowles hopes to expand the Music World Entertainment complex in Houston within the next five years, and setting up a new studio where the garage sale was held. Knowles did not know how he would spend the profits made from the garage sale.
In 2011, Beyonce professionally split with her father and Knowles divorced Beyonce's mother, Tina, after 31 years of marriage; Knowles re-married in July 2013. A rep for Beyonce did not return request for comment.