So there I was, plopped down in the middle of an oil town. [10][11], Shortly after being named energy advisor to Republican Mitt Romney's presidential campaign in March 2012, Hamm donated $985,000 to the pro-Romney super PAC Restore Our Future. Then they faced Napoli. Any aspirations for the future? He eventually started his own trucking company hauling water to and from oilfields, then in 1971 took out a loan to drill his first well. Claim this Obituary. That old well that had blown out turned out to be just on the edge of that field. Hamm. I had started Shelly Dean Oil Co., named after my first two daughters. The percentages used herein are calculated based on the Outstanding Shares. That aforementioned $9billion fortune of Mr. Hamm's was in fact a $20billion fortune as recently as August, with the oil baron forced to watch over half his worth slip away due to a drop in the price of crude oil. Roger Clement shares voting and dispositive power with Deana Ann Cunningham, as co-trustee, to direct He was born on December 11, 1945 in Lexington, Oklahoma and graduated from the Enid High School. But you don't just start off in this business with a home run. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. [5][6], In 1967, he founded Shelly Dean Oil Company,[7] which would later become Continental Resources. 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The crux of the argument though comes down to how much money the company and Mr. Hamm made beginning in 1988, the year he and Miss Arnall were married. During the trial it was argued that Continentals growth stemmed mostly from passive factors, such as rising oil prices, and, under Oklahoma law, only the 'active' portion of wealth accrued during marriage in previously acquired assets is subject to division. Sean McVay. April 18, 1919 - April 16, 2012 Plant a tree Show you care. In his or her capacity as co-trustee of the 2015 complete text of such agreement, which is filed herewith as Exhibit 3. They honeymooned at the pricey and private Rosewood Mayakoba resort in Playa del Carmen, Mexico. Harold was born on December 11, 1945, in Lexington, Oklahoma, United States. Ms.Hamm is a daughter of Harold G. Hamm. Ms.Lerum (d) During the last five years, none of the Reporting Persons nor, to the knowledge of each of the Reporting Persons, has any of the Reporting by Melissa Mercer Howell | October 5, 2020. Members). What is Casey Sander doing today? relate to or would result in any of the following actions: (a) The acquisition by any person of additional securities of the Issuer, or However, on May 19, 2012, Sue filed for divorce. Power of Attorney for Hilary Honor Hamm regarding filings under Sections 13 and 16(a) of the Securities Exchange Act of 1934, as amended. Space-X continues to reach for the stars. acquired to one or more purchasers, including, in each case, pursuant to a trading plan under Rule 10b5-1. Harold Glenn Hamm[1] (born December 11, 1945) is an American entrepreneur in the oil and gas business. Harold Thomas Hamm has sole voting and dispositive power with respect to 84,387 shares of Common Stock in his capacity G. Hamm. 2023 Forbes Media LLC. In the 1990s he had the vision to use horizontal drilling and hydraulic fracturing in North Dakota's Bakken region, transforming the US oil industry. Harold was previously married to Sue Ann Arnall. See FameChain's massive Trump family tree. Furthermore, it pioneered the development of the Bakken oil field in Montana and North Dakota using hydraulic fracturing and horizontally drilled wells. Furthermore, Sue has been an executive at Continental Resources. Reflects change since 5 pm ET of prior trading day. Ms.Hamms beneficial ownership. As for the appeal, Miss Arnall made it clear just days after the November 10 ruling that officially made her a billionaire that she believed the marital wealth she was entitled to had been grossly undervalued. is attached hereto as Exhibit 4C. But his love for Zola, his wife, companion, and playmate, was his greatest and deepest joy for the past 20 years. He had a lump of clay that he was slapping like a baby, making great things out of it. I grew up on a farm in Lexington, Oklahoma, a rural community south of Norman. The 2015 Hilary Hamm Trust I and 2015 Jane He has worked really hard to achieve all that he has today. From 1999 to 2005, Ms. Lambertz was the Executive Director of the YWCA in Enid, OK. As of the date of this Schedule 13D and except as disclosed herein, none of the Reporting Persons has any current plans or proposals that Some guys wondered, "What was this young guy doing?" In 1966, after finding a cosigner for my note, I had my first company, Harold Hamm Tank Trucks (a very original name, don't you think?). Vivos Trust of Harold G. Hamm, under which the 2015 Harold Thomas Hamm Trust II has pledged its shares of Common Stock as collateral for an existing note that was previously used to acquire membership interests in HHF. The attractive, young newlyweds, who got engaged in November 2013, live in California where Jane works for the Republican Party of Los Angeles County according to her Facebook. Thomas Hamm Trust I, 2015 Harold Thomas Hamm Trust II, 2015 Hilary Hamm Trust I, 2015 Hilary Hamm Trust II, 2015 Jane Hamm Lerum Trust I and 2015 Jane Hamm Lerum Trust II (collectively, the Trusts). Harold vs. Sue Hamm Media Platforms Design Team Oil tycoon Harold Hamm, chief executive of Continental Resources, has been ranked the 24th richest man in the country, but that per In fact, for my first few years, I didn't find much of anything. Follow this author to stay notified about their latest stories. Filing for divorce in March 2013, Miss Arnall alleged in court papers that her husband was having an affair, citing that as the reason for termination of the marriage. He attended a local high school. Please read Item 3 for an explanation of the Transaction (as defined in Item 3), which resulted in result of their beneficial ownership. In fact, for my first few years, I didn't find much of anything. He built a grassroots startup into an NYSE-traded, Top 10 oil producer in the U.S. Lower 48. Harold Hamm Diabetes Center Empowering you and leading the way to prevent, treat and find a cure. Harold Thomas Hamm beneficially owns 42,679,800 shares of Common Stock, or 11.7% of the outstanding shares of co-trustee, to direct the voting and disposition of the 5,507,764 shares of Common Stock held by the 2015 Hilary Hamm Trust I and the 36,821,173 shares of Common Stock held by the 2015 Hilary Hamm Trust II. [3] He is the founder and chairman of Continental Resources In 2012, presidential candidate Mitt Romney named Hamm as his energy advisor,[4] and Hamm donated to and advised Romney's election effort. 4 min read Continental Resources, which reported a quarterly profit of $1 billion earlier this month from its oil and gas production, officially became privately held. [5][31], In April 1988, Hamm married Sue Ann Arnall, with whom he had two children. Oil wildcatter Harold Hamm to step aside at company he founded 52 years ago The Oklahoma native once famously wrote his ex-wife a check for nearly $1 billion to settle their divorce. Having been working as a businessman with experience exceeding more than five decades now, he has managed to garner good affluence in his career thus far. if a Member of a Group, Check if Disclosure of Please read Item 3 for an explanation of the Transaction (as defined in Item 3), which resulted in Copyright FameChain 2023, All rights reserved. The next year after that in April, he got married to Sue Ann, who is an economist and a lawyer. the disposition of securities of the Issuer; (b) An extraordinary corporate transaction, such as a merger, reorganization or liquidation, They were willing to show a hungry young man about the industry, to teach me what they'd spent so many years learning. This cast me into a totally different environment. 'As Sue Ann has stated previously, 6 percent is not a fair proportion of the wealth the couple accumulated during their marriage, and she trusts that a more equitable division of the marital estate will result from this appeal,' her legal team said in a statement. Miss Arnall would file for divorce less than a year later. [2] As of February4, 2022[update], Hamm's net worth is estimated to be US$49.3billion, making him the 63rd wealthiest person in the world. No one fits that description better than Jane Hamm Lerum. (adsbygoogle = window.adsbygoogle || []).push({}); Hamm has been married three times. Please read Item 3 for an explanation of the Transaction (as defined in Item 3), which resulted in Chris Spargo for MailOnline, The settlement is the second highest ever in the United States, after the $2.5billion reportedly received by Jocelyn Wildenstein in 1999, Tearful girlfriend of Montana homeowner describes moment he killed German exchange student leaving him 'bleeding from everywhere', Arsonist mother 'burns down a detective's home in retaliation for her son's arrest by setting fire to Christmas decorations and killing the family cat', 'Camille Cosby, I'm sorry your husband is a philanderer and rapist': Janice Dickinson says she pities wife of disgraced comedian as she calls for Hollywood to boycott actor, Beloved Little League coach, 37, is shot and killed after picking up his son from a boozy birthday party, Royal Family will find it 'impossible' to compromise with Sussexes, Man knocked out by a pool cue in violent pub brawl, Russian pro-war fanatic warns Britain could be 'wiped off the map', BBC Breakfast celebrates forty years of hilarious bloopers, Ken Bruce will be joining the Greatest Hits Radio family in April, As it happened: UK Government blocks Scotland's new gender law, Bungling helicopter pilot blows over stadium roof injuring eight, Locals desperately smash windows of overturned double-decker bus. It turned out to be the 6-million-barrel Oakdale field. Hamm has been involved in the oil industry since he was a young man, working as a roughneck on an oil rig in Oklahoma. The 2015 Shelly Glenn Lambertz Trust II and 2015 Deana Ann Cunningham Trust II each received 36,695,904 shares of Common The couple had a total of 13 children and Harold was their youngest child. [19], On February 1, 2022, the Harold Hamm Foundation and Continental Resources announced a $12 million gift to the University of Mary in Bismarck, North Dakota, to establish the Hamm School of Engineering and endow a "Continental Resources | Monsignor James Shea Chair of Engineering" at the private, Catholic university. To 84,387 Shares of Common Stock in his capacity G. Hamm drilled wells he married... 11, 1945 ) is an American entrepreneur in the U.S. Lower 48 achieve all that he was like... That in April harold hamm daughter he got married to Sue Ann, who is an American entrepreneur in middle... 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