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Showing posts with the label Divorce $11.2 billion

Divorce $11.2 billion, Wife could get Billions

Divorce $11.2 billion, A contentious divorce involving an Oklahoma oil baron could potentially lead to a multibillion-dollar settlement for his estranged wife that would be the biggest in U.S. history. Harold Hamm, 67, the chief executive of Continental Resources, is in the midst of divorce proceedings with his second wife, former Continental Resources executive Sue Ann Hamm. After filing for divorce on May 19, 2012, she has claimed in court documents that her husband was unfaithful during their marriage. He has acknowledged that the couple separated back in 2005, and the two have lived separate lives ever since. Hamm is worth an estimated $11.3 billion and was No. 35 on last year’s list of the 50 richest Americans put out by Forbes. The potential settlement his wife could receive may exceed the more than $1.7 billion paid out in 1999 to Anna Murdoch, the ex-wife of News Corp. chairman Rupert Murdoch, depending on whether or not there was a prenuptial agreement. “This is the King Kong

Divorce $11.2 billion

Divorce $11.2 billion, One of America’s wealthiest and most influential businessmen, Harold Hamm is embroiled in a contentious divorce that could lead to a record financial settlement and threaten his control of America’s fastest-growing oil company. Sue Ann Hamm, Harold Hamm’s second wife and a former executive at Continental, filed for divorce on May 19, 2012, Oklahoma court records show……nypost. Documents in the case are sealed. But in a March 7, 2013 filing obtained by Reuters, Sue Ann Hamm alleges that Harold “was having an affair” that she discovered in 2010, prompting her to later file for divorce. Harold Hamm, 67, is a leading force behind the U.S. oil boom and served as the senior energy adviser to Republican presidential candidate Mitt Romney’s campaign. Time magazine named him one of the most influential people in the world, and Forbes listed him last year among the 50 richest Americans. Ranked No. 35, Hamm is worth $11.3 billion, the magazine estimated. His estranged wife,