Oil Tycoon Ordered To Pay Ex Wife Nearly $1 Billion in Divorce Settlement

Chief executive and majority shareholder of Continental Resources Harold Hamm is a certified oil man, which pretty much guarantees that he's holding some major bread. How major? Hamm is estimated to be worth more than $18 billion and is ranked as the 24th richest man in the country according to Forbes Magazine.
Unfortunately for him, he'll now have to part ways with a sizeable chunk of his net worth, as a judge in Oklahoma City has just awarded his ex-wife with nearly a $1 billion after their divorce settlement, making her instantly one of the wealthiest women in the United States.

The ruling requires Hamm to pay his ex one-third of the settlement before the end of this year, coming out to a whooping $320 million that she'll receive before the clock strikes 12 on New Year's Eve. 

The remainder will be paid to Sue Ann Hamm in $7 Million monthly payments. The amount is so grand, that the judge placed a lien on more than 20 million shares (slightly more than $1 billion) of Hamm's stock in Continental Resources.

Simply put, The Hamm's had no prenup when they wed in 1988 and now Mr. Hamm must pay up, even after already paying his ex $25 million since the divorce proceedings began back in 2012.