Mathew Knowles is on the IRS most wanted list after
being slapped with a $1.2 million tax bill. It’s been a bumpy ride for
Mathew Knowles since he ended his business relationship with daughter Beyonce Knowles and his superstar group Destiny’s Child record their last album
together. Though Mr. Knowles’ Music World Entertainment group still
carries some of the world’s top gospel acts on its rooster, the label
hasn’t seen a great deal of success on the pop and R&B charts.
Despite his
chart absence, Mr. Knowles is still racking in dollars from Bey’s earlier chart take over…but he’s never paid taxes on it!. Now, Uncle Sam has come calling and he wants his
money. Based on the years 2010 ($485,575.95) and 2011 ($728,004.89), Mr. Knowles owes $1,213,580.84 dollars.
We’re sure he’s not hurting for money so he shouldn’t have a problem
paying his bills, bills, bills. Or is he? Wouldn’t be the first time a
rich person squandered their money on bad habits. Plus,
he’s got a new mouth to feed thanks to him knocking up his mistress.
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