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Showing posts with label Beyonce’s Dad begs judge to reduce his child support because he is now “Broke”. Show all posts
Showing posts with label Beyonce’s Dad begs judge to reduce his child support because he is now “Broke”. Show all posts

Wednesday 5 March 2014

Beyonce’s Dad begs judge to reduce his child support because he is now “Broke”

Beyonce’s dad 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…..
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.
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.