Oil tyc00n's wife changes mind...cashes in $975M check

Ohene

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HONG KONG — Sometimes, $975 million really is enough.

Sue Ann Arnall, the ex-wife of oil tyc00n Harold Hamm, has cashed her huge divorce check after claiming earlier this week that the settlement was unfair.

Hamm built Continental Resources from the ground up before leading the development of North Dakota’s Bakken oil field. He agreed to pay nearly $1 billion in November to settle the divorce.

But Arnall, an economist and lawyer who held executive positions in the company, said she was entitled to more. She filed an appeal, claiming that the fortune was due to both her work and his.

Hamm’s attorney, Craig L. Box, confirmed the check has been deposited.

The couple were married for 26 years, have two children and had no prenuptial agreement. As of last year, Hamm was worth more than $20 billion, according to Wealth-X, a wealth tracking company.

Now, the legal case could be coming to a close.

“It is my opinion that by negotiating the tendered check, Ms. Arnall will dismiss her appeal and this litigation is likely at an end,” Box said in an email.

Arnall’s attorney did not immediately respond to a request for comment.

Hamm had filed an appeal of his own, claiming that due to the dramatic drop in oil prices, his company’s value has taken a hit, along with his wealth



:smh:
 

Ohnoits

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Wait...he's probably worth what like 20 billion dollars? This isn't outrageous as was previously reported. In the description it says she was an executive and a lawyer for him and he built it from the ground up. That is not a position that you can sleep on. She was actually entitled to half of that fortune and he got off easy. This isn't like she was just laying at home on the couch, she actually helped him build that business. Completely different than what I thought.

What he paid her is a DROP in the bucket to what she was actually entitled to, but you can more than eat off that amount. I say good for both parties for moving on and not letting the fight continue. I have to admit I would feel some type of way if I worked for 26 years watching something grow and I felt like someone was trying to squeeze me out.
 

Jhoon

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Isnt gas under $48? I dont blame her. If prices continue to plummet, her ex will come crawling back.
 

Evil genius Jay

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Wait...he's probably worth what like 20 billion dollars? This isn't outrageous as was previously reported. In the description it says she was an executive and a lawyer for him and he built it from the ground up. That is not a position that you can sleep on. She was actually entitled to half of that fortune and he got off easy. This isn't like she was just laying at home on the couch, she actually helped him build that business. Completely different than what I thought.

What he paid her is a DROP in the bucket to what she was actually entitled to, but you can more than eat off that amount. I say good for both parties for moving on and not letting the fight continue. I have to admit I would feel some type of way if I worked for 26 years watching something grow and I felt like someone was trying to squeeze me out.
:camby:
 

The Maverick

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I'll let y'all keep getting married with no prenuptial agreement because you think she's "different" though.
 

Ohnoits

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Maybe I see things differently because my girl and I are equally yoked, but if I started a business and she helped me from the time it was worth nothing to the time it was worth billions, as a major employee in the company, to those late nights when I wasn't getting enough sleep and putting in those 12 hour days, you are damned right she is entitled to half. I didn't just do it on my own.

But I'm a pretty fair person. She wasn't some trophy wife he picked up years later after he made it.
 
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