X

Billionaire's Ex Rejects Check for Nearly $1B

Because Sue Ann Arnall says oil tycoon Harold Hamm owes her even more
By John Johnson,  Newser Staff
Posted Jan 7, 2015 12:29 PM CST
Billionaire's Ex Rejects Check for Nearly $1B
A 2012 photo of Continental Resources CEO Harold Hamm and his then-wife Sue Ann Hamm.   (AP Photo/Evan Agostini, File)

(Newser) – If nothing else, the not-so-amicable divorce negotiations between oil tycoon Harold Hamm and ex-wife Sue Ann Arnall have produced one of the most remarkable checks you'll ever see. On Jan. 5, the CEO of Continental Resources wrote one out to Arnall for $974,790,317.77, reports CNNMoney. Arnall, however, won't cash it because she says her ex amassed his much bigger fortune over the course of their 26-year marriage, and thus she is entitled to more. She has appealed the settlement, and now Hamm has filed an appeal of his own—he says plummeting oil prices have taken a toll on his net worth, reports Reuters. (Read more divorce stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
X
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.

X