In Retrospect, Billionaire Oilman Doesn’t Think His Ex-Wife Deserves $7 Million A Month


What was “fair and equitable” $1 billion alimony bill before oil prices hit the skids has become “erroneous and inequitable.” On this point, he and the former Mrs. Hamm can agree.

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….

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.

Oklahoma oilman appeals billion-dollar divorce judgment [Reuters]