These men love to claim they are broke when it comes to child support, TMZ caught up with Matthew Knowles and he just got his child support cut in half because his income has dropped tremendously. Matthew’s isn’t broke people, he may not be getting that Bey management money anymore but he still has money hidden.
Beyonce’s dad asked the 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 with! Matthew made $3 Million dollars before Beyonce cut ties with him in 2011. He claims he only made $127k in 2013.
Matthew’s 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.
I don’t feel sorry for neither, except for the innocent baby that got brought into this mess…. Child support court. The only place in the land where you’ll catch a black man claiming broke. Everywhere else, he’s big bank hank even when he only has two dollars in his pocket.