Oil Tycoon Harold Hamm Ordered To Pay Nearly $1 Billion In Divorce Settlement

Talk about BALLING! Harold Hamm’s ex-wife is getting paid handsomely in their divorce and I have never felt envy the way I feel at this moment.

Via Huffington Post

Continental Resources Chief Executive Officer Harold Hamm has been ordered to pay nearly $1 billion to his ex-wife in one of the largest-ever U.S. divorce judgments, according to a court filing on Monday.

In an 80-page ruling following a more than nine-week divorce trial that ended last month, Oklahoma Special Judge Howard Haralson ruled that oil magnate Hamm should pay his ex-wife a total of $995.5 million.

Although the award could make Sue Ann Hamm, 58, one of the 100 wealthiest women in the United States, according to Forbes’ rankings, it is far smaller than the amount her lawyers sought and does not require Harold Hamm to sell shares of Continental.

He holds 68 percent of the firm’s shares. During the trial, Sue Ann Hamm’s lawyers had asked Haralson to split a marital estate they estimated to be worth at least $17 billion, tied up in Continental shares.