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Harold Hamm, an influential American oil tycoon and founder of Continental Resources, holds a remarkable net worth of $49.3 billion as of February 2022, ranking him the 63rd richest globally. Born to Oklahoma sharecroppers on December 11, 1945, Hamm's innovative extraction methods have significantly advanced the energy industry. A critical donor and advisor to political campaigns, including Mitt Romney's, Hamm has also invested extensively in education, with multi-million donations enhancing engineering and diabetes research. Recognized by Time as amongst "World's 100 Most Influential People", Hamm's accolades embrace numerous prestigious awards and honorary degrees.
December 11, 1945 in Lexington, Oklahoma, U.S.
80 years
Oil & Gas
Energy
United States
Oklahoma City, Oklahoma
Diploma, High School; Drop Out, Phillips University
Judith Ann (Divorced: 1987), Sue Ann Arnall (Married: 1988; Divorced: 2014)
5
Harold Hamm was born on December 11, 1945, in Lexington, Oklahoma. He was the youngest of 13 children born to cotton sharecroppers. Despite the humble beginnings, Hamm's upbringing instilled in him a strong work ethic and a determination to succeed.
Harold Hamm & family: Family
Hamm has been married twice. His first marriage was to Judith Ann, with whom he had three children. In 1988, he married Sue Ann Arnall, and they had two children together. However, their marriage faced challenges, and Sue Ann filed for divorce in 2012, seeking a substantial portion of Hamm's fortune. The divorce settlement resulted in a significant payment of $974 million to Sue Ann in 2015.
Harold Hamm & family: Career Highlights
Hamm's career in the oil industry began in 1967 when he founded Shelly Dean Oil Company, which later became Continental Resources. His pioneering efforts in the development of the Bakken oil field using horizontal drilling and hydraulic fracturing techniques transformed Continental Resources into Oklahoma's fourth-largest public company.
Harold Hamm & family: Companies
Harold Hamm is the founder and chairman of Continental Resources, a major oil producer known for its use of shale oil. The company has played a significant role in the development of the Bakken oil field and has become a leading player in the domestic energy industry.
Harold Hamm & family: Major Achievements
Hamm's major achievements include pioneering the development of the Bakken oil field, transforming Continental Resources into a successful public company, and becoming one of the wealthiest individuals in the world. His contributions to the energy industry have had a profound impact on the economy and energy landscape of the United States.
Harold Hamm & family: Awards & Achievements
Hamm has received numerous awards and recognitions throughout his career. Some notable honors include being named "Entrepreneur of the Year" by Ernst & Young in 2007, "Energy Advocate of the Year" by the International Energy Policy Conference in 2009, and induction into the Oklahoma Hall of Fame in 2011.
He was also recognized as one of "World's 100 Most Influential People" by Time magazine in 2012.
Harold Hamm & family: Personal Life & Legacy
Hamm currently resides in Oklahoma City, Oklahoma, with homes in Enid and Nichols Hills. Despite his immense wealth, he is known for his humble and down-to-earth demeanor. Hamm's legacy lies in his contributions to the energy industry, his philanthropic efforts, and his unwavering commitment to Oklahoma.
Harold Hamm & family: Trivia
Here are some interesting facts about Harold Hamm:
Harold Hamm is born in Lexington, Oklahoma.
Hamm founds Shelly Dean Oil Company, which later becomes Continental Resources.
Hamm is named Ernst & Young "Entrepreneur of the Year".
Hamm is awarded "Energy Advocate of the Year" by the International Energy Policy Conference.
Hamm is inducted into the Oklahoma Hall of Fame.
Hamm serves as energy advisor to Republican presidential candidate Mitt Romney. Hamm is named one of "World's 100 Most Influential People" by Time magazine.
Hamm is named "CEO of the Year" by Platts Global Energy Awards.
Hamm is featured on the cover of Forbes magazine.
Hamm is named "Wildcatter of the Year" by Western Energy Alliance. Hamm's divorce from Sue Ann Arnall is finalized, resulting in a $974 million payment to her.
Hamm is considered by Donald Trump for the position of energy secretary. Hamm receives the Horatio Alger Award. Hamm is honored with the "Executive of the Year" award by Oil and Gas Investor magazine and a "Lifetime Achievement Award" from Platts Global Energy.
Hamm is awarded an honorary doctorate from the University of Mary.
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