The veteran music executive co-founded the group and has served as their longtime manager
Speaking to Entertainment Tonight, Knowles said he would "love to see" the "Survivor" singers reunite — although he admitted this is partly because he still manages the band.
"It's a decision that the ladies would have to make," Knowles, 71, told ET in an interview posted Monday. "And I would certainly, certainly support that decision as I still manage Destiny's Child. I would love to see that as well."
"I think the fans will be just overjoyed, overwhelmed," he added of the potential reunion, following the band's 2006 split to pursue solo careers.
"Hopefully they do one last time in their career," added Knowles. "Hopefully, they give us one last album. Who knows? You never know. You never say it can't happen. Because this is entertainment. A lot of things can happen."
Continued Knowles, "If you don't believe, who else is gonna believe? So it starts with you have to believe and you have to have the strategy," he shared. "You have to have the talent. You have to have all the work ethics, being a visionary, all those things."
Over the weekend, Knowles spoke to PEOPLE at WealthFlix's first-ever Entrepreneur Summit in Los Angeles and opened up about his Black Women Empowerment Business Network.
"[The network] consists of over three million women of color on social media. Now we are building a community for them where, on a daily, weekly, monthly basis, they can listen to experts like we are going to hear here at WealthFlix," he said, adding that those topics include health, wellness, finance, starting a business, real estate investments and more. "That's what this is about, knowledge and building a community."
He also opened up about raising two powerful women, Beyoncé and Solange.
"Beyoncé and Solange are known for their female empowerment. See, we did it and you guys didn't even know what we were doing," he said. "If you think about those first Destiny's Child songs, 'Independent Women,' 'Bootylicious,' 'Bills, Bills, Bills.' Those are all female empowerment songs that, 'I can pay my own bills. I'm independent as a woman.' So they really started this voyage years ago, in their teenage years. So I'm very proud of them for that."
The music executive and motivational speaker co-founded Destiny's Child, which was initially formed in 1990 in Houston as Girl's Tyme. In 1997 the group officially took its famous shape with Kelly Rowland, 42, and Michelle Williams, 43, along with Knowles' now-superstar daughter, 41.
The singers earned their first Grammy nomination in 2000 for "Bills, Bills, Bills" and followed this up the following year with their first two wins for "Say My Name."
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Since the split, Beyoncé's career has continued to catapult. The "Run the World" singer, 41, just broke a record in February for all-time Grammy wins with a total of 32. She's also been nominated 88 times and performed eight times, both with Destiny's Child and as a solo artist.
On Friday, the singer surprised fans by releasing a remix to the track "America Has a Problem" off her Grammy Award-winning seventh studio album.
The mom of three is currently on the European leg of her Renaissance World Tour 2023, which kicked off its first night on May 10 at the Friends Arena in Stockholm, Sweden. The show is scheduled to make stops in Belgium, England, France, Spain, the Netherlands, Germany, and Poland, before the North American leg of the tour debuts on July 8 in Toronto, ending in New Orleans on Sept. 27.
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