Beyonce's Dad begs judge to reduce his child support because he is now "BROKE"

Wow! 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.