Beyonce’s father Mathew Knowles is asking a judge to lower his child support payments based on the fact that he’s making less money now that he is now longer managing Queen Bey.
According to TMZ, Knowles asked a judge to reduce the $12,000 monthly child support he pays to baby mama Alexsandra Wright, with whom he has a 3-year-old son.
Knowles, who made $3 million a year before his daughter fired his ass in 2011 now says he pulled in a relative paltry $127K in 2013.
Eeven though his income has been slashed, his expenses remain sky high, around $51,000 a month. To make up the shortfall, he’s began liquidating his assets.
The family court judge apparently validated his financial plight, and reduced his child support to $2,485 a month.
Source: TMZ
