Beyonce’s Dad Child Support Reduced from $12k to $2.5k because of his Reduced Income.

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Mathew-Knowles-Alexsandra-Wright-CoverBeyonce’s dad and former manager, Mathew Knowles who once made millions of dollars a year as Beyonce’s manager  just got his child support slashed because his income has decreased

Mathew Knowles asked a judge to reduce the $12,000 monthly child support he pays to baby mama Alexandra 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. And, Knowles says, even though his income has been slashed, his expenses remain sky high — $51,000 a month.  To make up the shortfall, he’s liquidating his assets.The family court judge apparently validated his financial plight, and reduced his child support to $2,485 a month.

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