Mathew Knowles’ Child Support Payments Reduced From $12K To $2K/Month
There may be a reasonable explanation why Mathew Knowles has been failing to provide child support payments for his 4-year-old son, Nixon Knowles. Apparently, he couldn’t afford the steep $12,000 monthly payments.
According to TMZ, Mathew recently filed a motion with family court requesting that his pricey monthly payments be reduced to match his monthly income, which has reportedly plummeted significantly over the years. If reports are correct, Mathew, who once made $3 million per year when he managed his über famous daughter, Beyoncé, only pulled in $127,000 in 2013. To make matters worse, Mathew argued that while his income has decreased, his $51,000 a month expenses remain the same. As a result, he claims he’s liquidating his assets so that he can make ends meet.
Apparently a family court judge was able to empathize with his money struggles and granted his request to cut down his child support payments. He’s now only required to cough up $2,485 per month instead of the original $12,000 a month.
The slashed payment appears to come just in time. According to Radar Online, as of March 1, Mathew owes a whopping $44,289.32 in back child support payments and the State of California was preparing to hold him in contempt.
“The state’s file is mostly prepared,” claimed an insider. “He has now been served with several documents regarding cases being opened from various agencies.”
Nixon’s family members have also expressed concerns over Mathew’s failure to play an active role in his son’s life.
“Friends and family are growing increasingly worried about the damage being done to Nixon by his biological father denying his existence and allowing the public to bash his mother,” added the insider. “Mathew continues to fuel the fire by making public statements insinuating that Alex is lying about all of this, but every time he has been proven wrong.”
AlexSandra’s brother, Jonathan Wright, also chimed in, questioning Mathew’s motives for avoiding his responsibilities.
“I find it kind of odd that somebody that’s proven as somebody’s biological father has never ever seen their son,” said Jonathan. “And when they’re a wealthy individual, it’s odd that they would be a deadbeat dad.”
“I just don’t understand it. I have a son. I love my son and I would go to the ends of the earth for him. I don’t understand.”
Now that Mathew’s payments have been greatly reduced, it’ll be interesting to see whether or not he’ll actually keep up with them or if he’ll find another excuse to bail on his responsibilities.