It was Matthew Knowles’ lucky day. A judge reduced his child support payment for his young son. Knowles claims that he has income has dropped dramatically since he lost Beyonce as a management client.
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Previously, Knowles was expected to pay $12,000 a month. But this amount was based on the $3 million he was making at the time. Based on his current finances (Knowles said he only made $157k in 2013, but has $51k in monthly expenses) the judge ordered Knowles to pay $2485 a month in child support.
Knowles has a 3-year old son with Alexsandra Wright.
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