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Oil magnate ordered to pay US$996m in divorce settlement
Figure much smaller than what ex-wife's lawyers sought; Hamm won't need to sell Continental Resources shares
Published Tue, Nov 11, 2014 · 09:50 PM
Houston
CONTINENTAL Resources CEO Harold Hamm has been ordered to pay nearly US$1 billion to his ex-wife in one of the largest-ever US divorce judgments, according to a court filing.
In an 80-page ruling following a more than nine-week divorce trial that ended last month, Oklahoma Special Judge Howard Haralson ruled on Monday that the oil magnate should pay his ex-wife a total of US$995.5 million.
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