Harold Hamm, chairman CEO and founder of Continental Resources Inc., speaks during a panel discussion at the Bloomberg Year Ahead: 2015 conference in Washington, D.C. on Nov. 14, 2014.
Bloomberg/Getty Images
By Maya Rhodan
January 7, 2015

Oil executive Harold Hamm offered his ex-wife a handwritten check for $974.8 million in order to settle their bitter divorce, but Sue Ann Arnall rejected it.

Hamm’s lawyer told CNBC on Tuesday that Arnall did not “want to risk the dismissal of her appeal” by accepting the full amount of what the oil magnate owed her according to a November divorce settlement.

Arnall, who has taken her maiden name after the divorce, appealed a judge’s ruling to offer her nearly $1 billion in their divorce because it pales in comparison to the $18 billion fortune Hamm has amassed through oil drilling company Continental Resources . Hamm’s also appealed the settlement, saying $1 billion was far too high.

[CNBC]

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