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Oklahoma oil magnate to pay over $995M in divorce settlement

A Reuters article on November 10 stated that Continental Resources CEO Harold Hamm was ordered to pay his estranged wife a $995.5 million settlement in their divorce.
The settlement was recently ordered by Oklahoma Special Judge Howard Haralson. Sue Ann Hamm, who was a former executive of Continental Resources, had a significant role in the company’s massive growth. Before the year ends Harold will need to settle over $322 million to Sue Ann. The remaining settlement worth $650 million will be paid through monthly installments. Aside from the settlement millions worth of properties were already awarded to Sue Ann when the case was filed two years ago. The estranged couple did not have a prenuptial agreement when they got married in 1988.
The Raleigh lawyers of Marshall & Taylor PLLC are committed to securing the personal and legal rights of every individual filing for divorce. If you are in such a situation, we can work for you throughout the divorce process to safeguard your rights. Learn more about your options from us today by calling (919) 833-1040.