People in Maryland and across the U.S. may have seen the news headlines about Harold Hamm, one of the richest men in the world, and his recent billion-dollar divorce settlement. Hamm is the CEO and founder of Continental Resources, one of the nation's largest oil and gas corporations. His net worth is estimated at slightly over $18 billion, but his ex-wife will soon be seeing a nice chunk of that after their high asset divorce settlement.
The divorce, which took place in another state over a nine-week period, ended with a judge's ruling that Sue Ann Hamm, his wife of 25 years, was entitled to just shy of $1 billion of their marital wealth. The former Mrs. Hamm will receive the bulk of the property division award over time, including $320 million up front and at least $7 million each month until the balance is paid.