Multi-Billion Dollar Divorce


Reuters has a story this morning about the pending divorce of Harold Hamm, 67, one of the richest men in America, and CEO of Continental Resources.

Sue Ann Hamm, 56, filed for divorce on May 19, 2012, in Oklahoma alleging that her husband was having an affair.

Harold Hamm’s net worth is estimated to be $11.3 billion dollars, most of it in the form of stock of Continental, an oil and gas fracking company.   The Hamms were married in 1988.

Oklahoma is an equitable property state, so this case could break the record for marital settlements.  That is held by News Corp. Chairman Rupert Murdock who paid $1.7 billion in his divorce.