Beyonce’s Father Gets Child Support Reduced

(AllHipHop News) Beyonce’s father’s pockets might have got their best news in three years. This past Monday (March 3rd), a Los Angeles Supreme Judge Court judge significantly reduced the monthly child support Knowles is owed to Alexsandra Wright.

Back in December of 2009, Matthew Knowles’ ex-wife Tina Knowles divorced him after it was discovered that Matthew fathered a child with Wright while still married to Beyonce’s mother. Less than two years later, in March of 2011, Beyonce fired her father as her manager, which child support court documents allude to being the reason his income has dramatically dropped.

Due to this drop in income, Knowles’ child support payments to Wright were reduced by over 75% from $12,000 a month to $2,500 a month.

Back in July of 2011, Matthew Knowle sued Live Nation over allegations that the company informed his daughter that he “had stolen money from Beyonce on her most recent tour or otherwise taken funds that [he] was not entitled to” according to legal documents. Back in October of 2010, eight months after Beyonce’s I Am…Sasha Fierce international tour ended, an audit of her finances were done by a law firm representing Beyonce. Following the audit, it was concluded that her father in fact stole money from the singer.

  • Black Jay

    Sometimes you family will rob you quicker than a stranger….

    • Inmadopicouroz✓QUEENSᵛᵉʳᶦᶠᶦᵉᵈ

      Your bum azzz family don’t got no cream. You new niccas is straight faggotory original FU(K BOY!

    • i’mreloaded!

      Man, dat Inmadopuroz dude stay stalkin you bro. Wassup?

      • Black Jay

        I seriously think dude is Gay. Lol! I’m joking a little but mostly I think it’s true. Look at his actions….

        I’ve informed him that I’m a straight male and I like p*ssy only. But he won’t quit with the fandom. He’s the only dude on this whole site (other than his aliases) that chase dudes to comment. WE’RE TALKING A GROWN ASS MAN CHASING OTHER GROWN MEN ON THIS SITE. He doesn’t comment about any subject. He just goes at men.

        In my opinion he’s gay. Maybe he hasn’t come out of the closet (which would explain him creating 3 different profiles to stalk dudes). I told him today that I thought he was a homosexual. He utilizes various aliases to try to talk to me. For the most part I’ve ignored dude. But today I told him my true opinion. I hope he catches on.

        It’s kinda funny but it’s also very stupid. He’s a man. What does he think other men will think of him if he has this stupid habit of chasing men online? Lol!

      • i’mreloaded!

        Yeah, I got that same problem wit this bish named J Erick(a). LOL!

  • Chris

    $12K to $2.5K? You know Baby’s Moms is HOT right now.

  • ZUBU

    I don’t know the details but it seems as if he put a lot of time, money, energy and effort into turning his children into stars. Possible he felt as if he was due a bit more than their contract (if they even had a contract) indicated. Most parent/managers/agents, etc. end up taking some of the resources of their offspring. How much do we think Joe Jackson took from the Jackson 5, and their other siblings?

    Her dad took her from a nobody to super-stardom, now she got people who probably don’t have nothing to do with her success telling her that her family is stealing from her. How long before that person takes dad’s role and starts stealing from her?

  • i’mreloaded!

    Damn….. first of all. What da hell does any baby need with 12,000 a month? Secondly, ya’ll hos scheming on these baby daddy come ups ain’t $hit especially since she knew dis ni**a was married anyway. As for him, I don’t judge because to error is human, but money sure changes people, especially when you entitle yourself to your own child’s money.

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  • Isaac Hayes

    Man the Child Support Court System is the new slavery other than the US Prison system but Mr. Knowles be a father to your child word to ED O.G.

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