Oil tycoon to pay $1 billion divorce settlement

[truebluefan]

Oil baron Harold Hamm was ordered to pay nearly $1 billion in a divorce settlement, court filings revealed Monday.

Hamm's ex-wife, Sue Ann Hamm, will be paid a third of the $995.5 million by the end of the year. Her ex-husband is on a payment plan for the remaining $650 million, which he will pay in installments of at least $7 million per month. The couple were married for 26 years.

Read more http://money.cnn.com/2014/11/10/luxury/harold-hamm-divorce/index.html?hpt=hp_t4

 

[BU54]

Yet another reason to never get married.

 

[truebluefan]

LOL when I read the article, I was thinking the same thing.

 

[BU54]

Read this!!

Sue Ann Hamm, the ex-wife of Oklahoma oil magnate Harold Hamm who was awarded cash and assets worth more than $1 billion in the couple's divorce this week, plans to appeal the judgment on grounds that it grossly undervalues the marital wealth she is entitled to.

FULL STORY
http://www.msn.com/en-us/news/us/ex...peal-dollar1-billion-divorce-award/ar-BBdyTL3