$975 Million Divorce Check ditched by Oil Tycoon’s wife

$975 Million Divorce Check ditched by Oil Tycoon’s wife … This sum of money looks insufficient divorce settlement when your ex-husband is oil tycoon Harold Hamm.

Hamm’s second wife Sue Ann Arnell rejected a check for $974,790,317.77 written Monday as a settlement for their divorce and she reportedly believes she is entitled to more because she helped the billionaire CEO multiple his fortune.

Hamm divorced his first wife, Judith Ann, in 1987. They had three children together. In April 1988, Hamm married Sue Ann Hamm (née Arnall) with whom he has two grown daughters. Sue Ann is an economist and lawyer.

In August 2014, CNN and several other media outlets reported that Hamm could face a world record divorce settlement, with up to half of his estimated $20 billion fortune potentially being on the line.

On November 10, 2014, an Oklahoma County judge found that Hamm should pay his second wife $995.5 million.

About Harold Hamm

Harold Glenn Hamm (born December 11, 1945) is an American entrepreneur primarily involved in the oil and gas business who is best known for pioneering the development of the large shale oil resources of the Bakken formation. On January 7, 2015 Hamm was ranked by Forbes magazine as the 56th richest person in America and 156th richest person in the world, with a net worth estimated at $8 billion, which decreased since $18.7 billion in late 2014. In 2012 presidential candidate Mitt Romney named Hamm as his energy advisor and thereafter Hamm made substantial monetary and advisory contributions to the election effort.

Sam Irfan