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Wealthy businessman’s divorce could mark record financial settlement

2013-03-22 15:06:13 (GMT) ( - Justice News Flash)


03/21/2013 // West Palm Beach , Florida, US // JusticeNewsFlash // Justice News Flash // (press release)

New York – The divorce of Continental Resources chief executive Harold Hamm may involve a record financial settlement. As reported by Reuters, the oil baron’s second wife, Sue Ann Hamm, filed for divorce in May of last year according to Oklahoma court records.

Sue Ann Hamm, a former Continental executive, alleges in one recent filing that her estranged husband had previously had an affair, which prompted the divorce filing. The couple, married in 1988.

Harold Hamm, 67, has an estimated worth of $11.3 billion, and was ranked by Forbes as 35th of the 50 richest Americans.

Daniel Jaffe, a Beverly Hills family law attorney, is quoted by Reuters as stating of the potential outcome of the Hamm divorce case, “She has a leg up because she worked for the company and she can claim that a portion of her efforts went into making the company what it is today…She was married to him when the value of the company went up. She has got to be looking for a couple of billion dollars.”

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