Oil Tycoon Ex-Wife Says $1 Billion Settlement Not Enough

Amy Wu
Oklahoma oil tycoon Harold Hamm’s ex-wife argues that billion-dollar divorce settlement undervalues their marital wealth.

One billion dollars can buy a lot, islands and even a few countries. But for Sue Ann Hamm it’s not enough, not even close.

Yes, the Hamm vs. Hamm divorce case, that started in 2013just got nastier.

The ex-wife of oil tycoon Harold Hamm plans on fighting the $1 billion divorce settlement that she was awarded on Nov. 10 (including their California ranch and an Oklahoma home, worth millions more).

Hamm, married to Harold Hamm for 26 years, feels shortchanged and says that the amount significantly undervalues their marital wealth.

 “Sue Ann is disappointed in the outcome of this case. She dedicated 25 years as Harold’s faithful partner in family and business,” one of her lawyers Ron Barber told Reuters on Thursday.  Hamm plans on appealing in a few weeks.

Harold Hamm, the CEO of Continental Resources, is the largest American oil tycoon, and founded the company in 1967. 

Sue Ann Hamm’s is far from the first ex-wife of a tycoon who has fought for a bigger settlement. Do Ronald Perelman or Donald Trump ring a bell? But the question is: is owed more than almost everyone on the planet would see in 100 lifetimes?