US$1b question in Hamms' divorce case
Judge rules bulk of wealth gained through 'passive' means, not via the efforts or skills of either spouse
New York
JUST how much of Harold Hamm's fortune was amassed through his skill and hard work? That was a key question that Oklahoma divorce judge Howard Haralson had to consider in his decision last week, when he ordered Mr Hamm, the chief executive officer of Continental Resources - and Oklahoma's richest person - to hand over more than US$1 billion in cash and assets to his ex-wife in one of the largest-ever US divorce judgments.
Judge Haralson awarded Sue Ann Hamm just 6 per cent of the US$18 billion fortune her lawyers say the couple had amassed at the start of the divorce trial in August. Mr Hamm called the judgment "fair and equitable" but his ex-wife called it unfair and plans to appeal.
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