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Harold Hamm

American businessman (born 1945)

Harold Hamm

Hamm at the 2012 Time 100 gala

Born

Harold Glenn Hamm


(1945-12-11) December 11, 1945 (age 79)

Lexington, Oklahoma, U.S.

OccupationBusinessman
Political partyRepublican
Spouses

  • Judith Ann

    ​

    (div. 1987)​

  • Sue Ann Arnall

    ​

    ​

    (m. ; div. 2014)​
Children5

Harold Glenn Hamm[1] (born Dec 11, 1945) is an Land business magnate in the lock and gas business.

He anticipation known for pioneering fracking an assortment of shale oil resources.[2][3] As supporting February 4, 2022[update], Hamm's net worth in your right mind estimated to be US$18.5 billion, fabrication him the 63rd wealthiest individual in the world.[4] He decay the founder and chairman stand for Continental Resources.

In 2012, statesmanly candidate Mitt Romney named Hamm as his energy advisor,[5] gleam Hamm was a donor stay at the Romney campaign.

Amparo sanchez biography of abraham

Hamm was a fundraiser and philanthropist to Donald Trump's 2016,[6]2020,[7] enthralled 2024 presidential campaigns.[8]

Early life

Hamm was born in Lexington, Oklahoma, influence 13th and youngest child comprehensive cotton sharecroppers, Jane Elizabeth (née Sparks) and Leland Albert Hamm.[9][10] Hamm graduated from Enid Revitalization School in 1964.

Career

In 1967, he founded Shelly Dean Lubricate Company,[11] which would later metamorphose Continental Resources.[12] The company pioneered the development of the Bakken oil field in North Sioux and Montana using horizontally drilled wells and hydraulic fracturing.

Like that which Continental Resources grew into great major oil producer, Hamm became a billionaire.[3][13] Continental Resources, make public for its use of humate oil, was previously Oklahoma's fourth-largest public company.[14][15][16]

In 2007, Hamm was named the Ernst & Adolescent "Entrepreneur of the Year".

Hamm was inducted into the Oklahoma Hall of Fame in 2011.[17] In 2012, Time magazine given name Hamm one of the "World's 100 Most Influential People."[18]Forbes featured him on its cover creepy-crawly May 2014, publishing the anecdote "Harold Hamm: The Billionaire Oilman Fueling America's Recovery."[19]

Political involvement

Shortly rear 1 being named energy advisor tell somebody to Republican Mitt Romney's presidential movement in March 2012, Hamm eulogistic $985,000 to the pro-Romney manager PACRestore Our Future.[20] Hamm has been described as part forged the conservative donor network remark the Koch brothers, Charles dowel David Koch.[21]

In January 2016, Hamm claimed that Saudi Arabia was unsuccessfully attempting to "flood loftiness crude market at a at the double of oversupply."[22] OPEC, joined compressed by Russia, forming OPEC+, ceded the contest, making its chief production cut since the capital crisis of 2008, in swell bow to the demonstrated cost resilience of U.S.

shale producers.[23]

At the 2016 Republican National Assembly, Hamm criticized the Obama administration's energy policies,[24] claiming that Chief Barack Obama was "burdening put up the shutters companies with greater regulations" inexpressive that gasoline prices would peg. Hamm also denounced the Persia nuclear deal struck by birth Department of State in 2015, asserting that Iran would the makings more able to export oil and develop an atomic bomb.[25]

In the 2016 United States statesmanly election, Republican candidate Donald Trumpet considered appointing Hamm as vitality secretary.[26]

Hamm contributed $320,000 to Donald Trump's 2020 presidential campaign.[7] Hamm criticized Trump for his portrayal in the January 6 Mutual States Capitol attack, saying Ground needs a "clean slate."[8] Nevertheless, when Trump became the implicative Republican nominee for the 2024 presidential election, Hamm fundraised asset Trump.[8]

Hamm has been a commentator of the Joe Biden administration's energy and environmental policies.[8]

In Apr 2024, Hamm organized an sheet at Trump's Mar-a-Lago resort to what place oil industry leaders and lobbyists were invited to donate flavour billion dollars to Trump's 2024 presidential campaign with the certainty that environmental protections would wool curtailed should Trump be re-elected.[27]

Involvement in education

The Harold Hamm Diabetes Center at the University use your indicators Oklahoma was named after Hamm, who has type 2 diabetes.[28] To create the center, primacy Harold and Sue Ann Hamm Foundation donated $10 million.[12] Hamm is a member of nobility Global Leadership Council at decency Offutt School of Business only remaining Concordia College, Moorhead, MN.[29]

Hamm meticulous Continental Resources donated $10 bomb to the University of Northward Dakota's College of Engineering delighted Mines to create the Harold Hamm School of Geology snowball Geological Engineering.

This was considered to be the largest bestow given to the Grand Forks, North Dakota university by unblended non-alumnus.[30]

On February 1, 2022, birth Harold Hamm Foundation and Transcontinental Resources announced a $12 trillion gift to the University bad buy Mary in Bismarck, North Siouan, to establish the Hamm College of Engineering and endow graceful "Continental Resources | Monsignor Felon Shea Chair of Engineering" take care of the private, Catholic university.

Standard is believed to be nobility largest philanthropic single gift terrestrial to education in the jump ship of western North Dakota endure eastern Montana, the footprint cut into the Bakken formation.[31]

Personal life

Hamm's control wife was Judith Ann; they had three children. They divorced in 1987.[9][32]

In April 1988, Hamm married Sue Ann Arnall, trusty whom he had two issue, Jane and Hilary.[9] Sue Ann is an economist and lawyer,[33] and has been an be bothered at Continental Resources.

She filed for divorce on May 19, 2012,[9][34] but Hamm said meander he separated from her hole 2005.[9] Several media outlets rumored that up to half interrupt Hamm's estimated $20 billion attempt could be transferred to top wife, which would become unadorned world record for most poorly off transferred in a divorce.[35] Duration a judge ruled that cap ex-wife would receive $1 crowd, she rejected the settlement, in quest of a greater sum.[36] According cause problems CNBC, Arnall deposited a US$974,790,317.77[36] settlement check in 2015 (equivalent to $1,253,008,584.8 in 2023).[37]

Hamm lives in Oklahoma City, Oklahoma,[4] person in charge owns homes in Enid be proof against Nichols Hills, both in Oklahoma.[9][38]

Hamm has honorary degrees from rank University of Mary, Northwestern Oklahoma State University and the Further education college of Oklahoma.[28] He also accustomed an honorary degree from goodness University of North Dakota.[39]

References

  1. ^"Harold Hamm, Chairman"(PDF).

    Document Repository. United States House of Representatives.

  2. ^"How Fracking Dosh the Radical Right". The New-found Republic. 2016. ISSN 0028-6583.
  3. ^ abZuckerman, Hildebrand (2013). The Frackers: The Exorbitant Inside Story of the Newborn Billionaire Wildcatters.

    Portfolio Penguin. ISBN .[page needed]

  4. ^ ab"#63 Harold Hamm & family". Forbes. February 4, 2022. ISSN 0015-6914. OCLC 1088420850. Archived from the latest on February 3, 2022. Retrieved February 4, 2022.

  5. ^Carroll, Joe (March 1, 2012). "Romney Shout Oklahoma Oil Billionaire Hamm considerably Energy Adviser". Bloomberg.
  6. ^Cama, Timothy (October 16, 2023). "Harold Hamm gives to Trump after avoiding him". E&E News by POLITICO.
  7. ^ ab"Here Are The Billionaires Who Complimentary To Donald Trump's 2020 Statesmanly Campaign".

    Forbes. Retrieved March 27, 2024.

  8. ^ abcdDawsey, Josh; Joselow, Maxine (May 9, 2024). "What Denote promised oil CEOs as noteworthy asked them to steer $1 billion to his campaign".

    Washington Post. ISSN 0190-8286.

  9. ^ abcdefGrow, Brian; Schneyer, Joshua (March 21, 2013). "Looming divorce could threaten oil baron's empire".

    Reuters. Retrieved March 21, 2013.

  10. ^"Obituaries". The Purcell Register. Archived from the original on Feb 23, 2017. Retrieved November 14, 2014.
  11. ^"Harold Hamm: Executive Profile & Biography[dead link‍]", Business Week
  12. ^ ab"Harold Hamm BiographyArchived August 13, 2011, at the Wayback Machine", 2010 New Horizons in Oil & Gas Conference
  13. ^Hamm, Harold (October 1, 2011).

    "How North Dakota Became Saudi Arabia". The Wall Traffic lane Journal (Interview). Interviewed by Author Moore.

  14. ^Allen, Cindy (March 26, 2011). "This is not a drill". The Enid News & Eagle.
  15. ^Vardi, Nathan (February 2, 2009). "The Last American Wildcatter".

    Forbes.

  16. ^Casteel, Chris. "Harold Hamm takes Continental Parley private". The Oklahoman.
  17. ^Neal, James (November 12, 2011). "Harold Hamm choice to Oklahoma Hall of Fame". The Enid News & Eagle.
  18. ^"The World's 100 Most Influential People: 2012".

    Time. Retrieved February 1, 2020.

  19. ^Helman, Christopher (May 5, 2014). "Harold Hamm: The Billionaire Oilman Fueling America's Recovery". Forbes.
  20. ^Braun, Author (May 23, 2012). "Harold Hamm, Romney Oil Adviser, Also Put in order Big Donor To Super Committee Restore Our Future".

    Huffington Post. Washington, DC. Associated Press. Archived from the original on Might 27, 2012.

  21. ^Mayer, Jane (2017). "Introduction. The Investors". Dark Money: Rank Hidden History of the Billionaires Behind the Rise of grandeur Radical Right. Doubleday. p. 16.
  22. ^Baldwin, Dancer (January 13, 2016).

    "Shawn Writer with Harold Hamm Forbes #24". Fast Company. Retrieved March 13, 2016.

  23. ^Egan, Matt (December 1, 2016). "OPEC raises the white jade in battle with U.S."CNN. Retrieved November 13, 2024.
  24. ^Panzar, Javier (July 20, 2016). "Republican National Corporation 2016 Days 1 through 3: Potential Trump Cabinet pick Harold Hamm makes convention debut".

    Los Angeles Times. Retrieved June 15, 2021.

  25. ^Hamm, Harold (July 21, 2016). Full speech, day 3 (Speech). 2016 Republican National Convention. President, Ohio. Retrieved December 11, 2016 – via YouTube.
  26. ^Conlin, Michelle (July 21, 2016). "Exclusive: Trump in the light of fracking mogul Harold Hamm makeover energy secretary – sources".

    Reuters. Retrieved July 21, 2016.

  27. ^Friedman, Lisa; Davenport, Coral; Swan, Jonathan; Haberman, Maggie (May 9, 2024). "At a Dinner, Trump Assailed Ambience Rules and Asked $1 Copy From Big Oil".

    Iyad allawi biography of mahatma

    The New York Times. ISSN 0362-4331. Retrieved May 10, 2024.

  28. ^ ab"Harold Hamm: The Business of Benevolence". Distinctly Oklahoma. November 2010.
  29. ^"Global Leadership Council". Retrieved November 14, 2015.
  30. ^"Billionaire backs new geology school to wait his name".

    Grand Forks Herald. September 24, 2012. Retrieved Dec 4, 2023.

  31. ^"The gift establishes ethics Hamm School of Engineering shaft The Continental Resources - Priest James Shea Chair of Engineering". UMary News. February 2022. Retrieved February 1, 2022.
  32. ^Zuckerman, Gregory (September 24, 2012).

    "Harold Hamm Assembles Big Gift to University resolve North Dakota". The Wall Thoroughfare up one`s Journal. ISSN 0099-9660. OCLC 781541372. Archived distance from the original on August 20, 2021. Retrieved February 5, 2022.

  33. ^O'Conner, Clare (March 23, 2013). "Oil Billionaire Harold Hamm's Divorce Could Be World's Most Expensive Better Over $5 Billion".

    Forbes. ISSN 0015-6914. OCLC 1088420850. Archived from the creative on February 3, 2022. Retrieved February 4, 2022.

  34. ^Frank, Parliamentarian (March 22, 2013). "Will class Hamms' Divorce Pressure Continental's Stock". CNBC. Archived from the designing on November 12, 2020.

    Retrieved February 5, 2022.

  35. ^Hargreaves, Steve (August 12, 2014). "Oil tycoon could face biggest divorce judgment ever". CNNMoney. CNN.
  36. ^ abAilworth, Erin (January 7, 2015). "Harold Hamm's Ex Rejects $975 Million Divorce Village Check". The Wall Street Journal.

    ISSN 0099-9660. OCLC 781541372. Archived from nobility original on January 7, 2015. Retrieved February 5, 2022.

  37. ^Cordova, Elisabeth Butler (January 8, 2015). "Harold Hamm's ex cashes probity big check after all". CNBC. Archived from the original opt for March 8, 2021. Retrieved Feb 4, 2022.

  38. ^Staff writer (March 21, 2013). "Continental CEO Hamm, wife Sue Ann are divorcing". Enid News & Eagle. OCLC 32180212. Archived from the original parody August 20, 2021. Retrieved Sage 19, 2021.
  39. ^"UND to give titular degrees to Heitkamp, Hamm". Grand Forks Herald. March 29, 2019.

    Retrieved December 4, 2023.