Wednesday, June 23, 2021
HomeWorldWife turned down $975 million divorce cheque

Wife turned down $975 million divorce cheque

The cheque wasn’t in the mail. It was hand-delivered to her lawyers, but Sue Ann Arnall, the ex-wife of an American oil mogul, sent it right back on Monday.

Ms Arnall was married for 26 years to Harold Hamm, the chief executive and majority stake-holder of the oil driller Continental Resources. She contends that a November court ruling that gave her an award of about 1 billion dollars is inadequate, and plans to challenge the divorce judgement, according to news agency.

Ms. Arnall lawyers say she must get a larger share of her former husband’s fortune, estimated in some accounts at $18 billion. The New York Times says, “He owns the largest piece of the greatest oil discovery of our age, in the shale-rich plains of North Dakota.”

Mr. Hamm, on the other hand, claims that his value has depreciated to $8 million because of the falling oil prices, according to a report in Inforum.
The divorce settlement was deemed to be one of the largest ever in history, and would make Ms. Arnall one of the richest women in the world.

Ms. Arnall was Mr. Hamm’s second wife, and is a decade younger than him.

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