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    7 Jan 2015

    Oil Tycoon's Ex-Wife Rejects Nearly $1 Billion Divorce Settlement Because It Isn't Enough

    The ex-wife of an oil magnate reportedly said “thanks, but no thanks” to a $1 billion divorce settlement – because she doesn’t feel the amount is fair.
    Sue Ann Arnall, who was married to Continental Resources founder Harold Hamm for 26 years, reportedly turned down a personal check for $974.8 million – the second biggest divorce settlement in the country’s history – because the amount offered is chump change compared to the $18 billion she believes her ex is worth, reports theDaily Mail.
    In addition to the payout, the court ruled that Arnall could take the couple’s $14.7 million California ranch and two homes in Oklahoma that are reportedly worth $4.6 million and $800,000.
    In an email statement to Reuters, at attorney for Hamm reportedly wrote: "Ms. Arnall, through her counsel, stated that they were rejecting the ... payment because Ms. Arnall did not want to risk the dismissal of her appeal by acceptance of the benefits.”
    The couple didn’t reportedly sign a prenuptial agreement when they got married.
    Hamm is set to take over their $750,000 house in Branson, Missouri, and a $300,000 log cabin located in Major County, Oklahoma. He will also reportedly keep the 68 percent stake he has in Continental Resources to himself because the court determined it to be "separate property." The company is reportedly worth $20 billion. 
    Arnall argues that she was “double teamed” by both Hamm’s lawyers and attorneys from Continental Resources, and that Judge Howard Haralson miscalculated the amount of money the couple earned during their marriage.
    Arnall filed for divorce in 2013, claiming Hamm was having an extramarital affair.
    The only other spouse in the United States to receive a greater divorce settlement was Jocelyn Wildenstein who, in 1999, was awarded $2.5 billion when she split from French businessman Alex Wildenstein.

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