Oil Magnate Harold Hamm has now decided to appeal the court order that finalised his divorce at the end of last year. It was one of the largest divorce cases in U.S. history so the appeal should make interesting reading !
Last month, when oil magnate Harold Hamm was ordered to pay his ex-wife $1 billion in their divorce, he called the ruling "fair and equitable,” publicly thanked the judge and said he was happy to have the case behind him. Now, with his estimated $19 billion personal fortune having fallen by half amid a rout in oil prices, the chief executive of Continental Resources has changed his mind. Hamm has appealed the divorce ruling, which he now considers “erroneous and inequitable,” according to filings in Oklahoma County Court. Hamm’s appeal hasn't been previously reported. The appeal, and an earlier one by ex-wife Sue Ann Arnall, will be heard by the Oklahoma Supreme Court. Arnall, a former Continental executive, has claimed the ruling wrongly allowed the oilman to keep more than 90 percent of the wealth the couple built together. (Arnall resumed using her birth name after the divorce.)