I’m Poor Now- Beyonce’s Dad




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Mathew Knowles
 who once made millions of dollars a year
as Beyonce‘s manager, just got
his child support slashed because his income has plummeted in radical fashion.


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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. 

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.


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The family court judge apparently validated his financial plight, and reduced
his child support to $2,485 a month.

Not great news for Alexsandra, who’s been getting $300 a month in food stamps.

Culled from TMZ


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