Ms.Lerum to direct the voting and disposition of the 5,507,764 shares of Common Stock held by the 2015 Jane Hamm Lerum Trust I and the 37,039,873 shares held by the 2015 Jane Hamm Lerum Trust II. US based Meghan and Harry.. FameChain has their amazing trees. And I came up with an idea that was different from what everybody else saw. Hamm Harold C. Hamm Jr., 76. , updated Later, Harold earned honorary degrees from the University of Oklahoma and Northwestern Oklahoma State University. When Continental Resources grew into a major oil producer, Hamm became a billionaire. his status as a Section13(d) group member, he is required to disclose beneficial ownership of shares of Common Stock of the Issuer on this Schedule 13D. There was an old well that had been drilled in 1943 with an old steam rig; it blew out and burnt the rig down. However, on May 19, 2012, Sue filed for divorce. Deana Ann Cunningham Trust II, each of Roger Clement and Deana Ann Cunningham has executed the First Amendment, dated as of February7, 2022, to the Security Agreement, dated July1, 2020, by and between the Trustees of the 2015 Deana Ann The Reporting Persons may, either directly or through one or more affiliates, from time to time or at any time, subject to market and general Ms.Lambertz is the mother of Mr.Lambertz. He founded Continental Resources in 1967 with just $10,000, and it has since grown into one of the largest oil companies in the United States. Is it time Harry & Meghan accept Clarkson's apology and move on? Error retrieving headline. [2] As of February4, 2022[update], Hamm's net worth is estimated to be US$49.3billion, making him the 63rd wealthiest person in the world. Natural Catastrophes Become The Largest Driver Of Corporate Insurance Losses In The US. [5][31], In April 1988, Hamm married Sue Ann Arnall, with whom he had two children. The couple had a total of 13 children and Harold was their youngest child. He is currently divorced. Hamm Lerum Trust I each received 5,507,764 shares of Common Stock. Stock as collateral for an existing note that was previously used to acquire membership interests in HHF. This Schedule 13D is being filed on behalf of each of the following Reporting Persons: (each of Item 2(a)(ii) (vii) hereof a Hamm Family Member, and collectively, the Hamm Family It turned out to be the 6-million-barrel Oakdale field. Shelly Glenn Lambertz Trust II. They had tied their wedding knots back in April 1988. July1, 2020, by and between the Trustees of the 2015 Shelly Glenn Lambertz Trust II and the Trustee of the Revocable Inter Vivos Trust of Harold G. Hamm, under which the 2015 Shelly Glenn Lambertz Trust II has pledged its shares of Common Von Der Leyen Advocates Trading One Energy Dependency For Another In Davos, The Nuclear Fusion Breakthrough In Context, Russias Invasion Of Ukraine Triggers Renewable Energy Rush, Say World Leaders In Abu Dhabi. Some guys wondered, "What was this young guy doing?" Ms.Lambertz is a daughter of Harold G. Hamm, and she is the mother of and custodian for Zachary Richard Lambertz, who is a grandson of Harold G. Hamm. 405 Magazines Woman of the Year award is designed to honor a woman whose achievements over the past year have fueled groundbreaking progress. . The Harold Hamm Foundation and Continental Resources announced on February 1, 2022, a $12,000,000 gift to the University of Mary in Bismarck, North Dakota. He is also a major philanthropist, donating millions of dollars to education, health care, and other causes. Jane Hamm, the oldest daughter of Harold Hamm and his ex-wife Sue Ann Arnall was married in October at the Grand Del Mar resort in San Diego The wedding occurred as her parents were in the. Members). I see these people who spring out of nowhere with a new app that they're selling for a billion dollars. 4 min read Continental Resources, which reported a quarterly profit of $1 billion earlier this month from its oil and gas production, officially became privately held. The marriage lasted 26 years and they filed for divorce in 2014. [5] Sue Ann is an economist and lawyer,[32] and has been an executive at Continental Resources. The Lerums live in Oklahoma City, but split their time between here and Carmel Valley, California, where they own and operate Joullian Vineyards. Roger Clement shares voting and dispositive power with Jane Elizabeth Hamm Lerum, as co-trustee, [35] According to CNBC, Arnall deposited a US$974,790,317.77[35] settlement check in 2015 (equivalent to $1,114,378,430.1 in 2021). 01:08 GMT 07 Dec 2014. U.S. trade growth will be slow to nonexistent for the next two to three years, if history is any indicator. number or term of directors; (e) Any material change in the present capitalization or dividend policy of the Issuer; (f) Any other material change in the Issuers business or corporate structure; (g) Changes in the Issuers charter, bylaws or instruments corresponding thereto or Deana Ann Cunningham is a self-employed artist. Jackson Alexander White has sole voting and dispositive power with respect to the 1,888 shares of Common Stock he owns directly. Reflects change since 5 pm ET of prior trading day. I grew up on a farm in Lexington, Oklahoma, a rural community south of Norman. Wife, Net Worth, Married, Parents, Relationship. I became obsessed with learning from them as much as I could day and night. The two posed on the red carpet together, smiling for the cameras with their arms around one another, looking happy and excited. Ms. Lerum is a daughter of Harold G. Hamm. Hamm married his third wife, Hilary, in 2005. You may opt-out by. The couple never signed a prenuptial agreement. The gift was issued so as to establish the Hamm School of Engineering. Other than as described elsewhere in this Schedule 13D, the Reporting Persons do not have any understandings, arrangements, relationships or co-trustee, to direct the voting and disposition of the 5,507,764 shares of Common Stock held by the 2015 Hilary Hamm Trust I and the 36,821,173 shares of Common Stock held by the 2015 Hilary Hamm Trust II. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. His sister, Fannie Mary Elizabeth (Hamm) Holder, died on 29 August 2019 in Lexington at the age of 94. The Harold Hamm Diabetes Center at the University of Oklahoma was named after him. But let's work back a bit. The 2015 Shelly Glenn Lambertz Trust II and 2015 Deana Ann Cunningham Trust II each received 36,695,904 shares of Common Miss Arnall would file for divorce less than a year later. Power of Attorney for Deana Ann Cunningham regarding filings under Sections 13 and 16(a) of the Securities Exchange Act of 1934, asamended. But his love for Zola, his wife, companion, and playmate, was his greatest and deepest joy for the past 20 years. includes (i) 2,300 shares of Common Stock, indirectly beneficially owned by Ms.Lambertz through Ms.Lambertzs spouse and (ii) 1,888 shares of Common Stock held in a custodial account managed by Ms.Lambertz as custodian for Shelly Glenn Lambertz beneficially owns 42,414,776 shares of Common Stock, or 11.6% of the outstanding shares of Common Stock, which amount other actions which may impede the acquisition of control of the Issuer by any person; (h) Causing a class of securities of the Issuer to I had a whole cadre of mentors. members (theTransaction). Their divorce was finalized in 2015 and Sue Ann received a total of 975 million USD in settlement. The only spouse to ever score a bigger settlement in the United States wasJocelyn Wildenstein, who reportedly received $2.5billion after splitting with her businessman and art dealer husband Alec in 1999. He is a proud father of five children named Shelly Lambertz, Deana, Hilary, Jane, and Tom. A Fresh Reading Of Exxons Predictions Of Global Warming And Climate Change From 40 Years Ago. Hamm continued to work in the oil industry after his fathers death, eventually becoming a drilling superintendent. He is known for extracting shale oil resources. Reporting Person and collectively, the Reporting Persons) who may be deemed to beneficially own the shares of common stock, par value $0.01 per share (Common Stock), of The source of his wealth and richness is mainly from the company he founded, Continental Resources. They honeymooned at the pricey and private Rosewood Mayakoba resort in Playa del Carmen, Mexico. That's the beauty of living in a free country and having the freedom to have an idea and become an entrepreneur. The family had a limited source of income and his father Leland would work really hard for providing for the family. Miss Arnell stated that she felt that the decision by Judge Howard Haralson to allow lawyers for both her husband and for Continental Resources to be involved in the proceedings was 'inappropriate' in that it allowed them to 'double team' her. [24], Hamm was named "CEO of the Year" by Platts Global Energy Awards in 2013, the same year they named Continental "Energy Company of the Year. Juventus had won 8 consecutive games. A copy He eventually started his own trucking company hauling water to and from oilfields, then in 1971 took out a loan to drill his first well. A copy is attached hereto as Exhibit 4D. A judge ruled that she would receive $1 billion but Sue rejected the settlement appealing a greater sum. Girlfriend, Net Worth, Fa Youtuber CaRtOoNz Wiki: Real Name, Age, Net Worth, Tom Hamm, Shelly Lambertz, Hilary Hamm, Jane Hamm, Deana Cunningham, TV Series executive producer - 20 episodes, TV Series executive producer - 19 episodes, Sitges - Catalonian International Film Festival. Furthermore, Harold owns homes in Nichols Hills and Enid which both are in Oklahoma. What draws you to criminal justice reform? I am drawn to work on criminal justice reform because I have seen firsthand the negative effects these issues can have on families, and I believe that through working to alleviate them I can help people and improve our community. Harold Hamm net worth has been growing and increasing over the years. Claim this Obituary. The 2015 Shelly Glenn Lambertz Trust I, 2015 Deana Ann Cunningham Trust I and 2015 Harold Thomas Hamm Trust I each received 5,380,561 shares They were willing to show a hungry young man about the industry, to teach me what they'd spent so many years learning. As of the filing of this Schedule 13D, Mr.Lambertz is a minor. Harold Hamm's son is Tom HammHarold Hamm's daughter is Shelly LambertzHarold Hamm's daughter is Deana CunninghamHarold Hamm's daughter is Jane LerumHarold Hamm's daughter is Hillary Hamm. They can help you see things from a different perspective because they have likely been in your shoes before or they know someone who has. (c) On February7, 2022 pursuant to the Transaction, shares of Common Stock were distributed in the following manner: The Jane Elizabeth Hamm 2005 Irrevocable Trust and Hilary Hamm 2005 Irrevocable Trust each received 83,763 shares of Common Stock. He married his second wife, Darlene, in 1988. 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The business address of Shelly Glenn Lambertz is: The business address of each Reporting Person other than Ms.Lambertz is: (c) Roger Clement is a self-employed Certified Public Accountant. The Harold Thomas Hamm Succession Trust received 84,387 shares of Common Stock. Vivos Trust of Harold G. Hamm, under which the 2015 Harold Thomas Hamm Trust II has pledged its shares of Common Stock as collateral for an existing note that was previously used to acquire membership interests in HHF. The comments below have not been moderated, By
His first wife was Sue Ann Arnall, whom he divorced in 1987. It is worth noting that the Nichols Hill mansion is no longer Mr. Hamm's but, along with a$800,000 home in Enid, Oklahoma, the property of Miss Arnall. Thomas Hamm Trust I, 2015 Harold Thomas Hamm Trust II, 2015 Hilary Hamm Trust I, 2015 Hilary Hamm Trust II, 2015 Jane Hamm Lerum Trust I and 2015 Jane Hamm Lerum Trust II (collectively, the Trusts). But my first hit came when I was 25, in 1971, when I made my first find--in the Oswego formation, in northwest Oklahoma, in what is now known as the Oakdale field. Enid was a company town for Champlin Petroleum, and there was an oil boom going on. Harold Glenn Hamm is an American entrepreneur in the oil and gas business. In his or her capacity as co-trustee of the 2015 Shale pioneer Harold Hamm has hit out at the U.S.'s oil deal with Venezuela, saying it marked a new sign of "desperation" from the administration of Joe Biden as it tries to beat back fuel inflation. In the 1970s, Hamm began to focus on the Bakken formation in North Dakota and Montana. The American entrepreneur and businessman Harold Hamm has an estimated net worth of somewhere around $20 billion as of 2022. First Amendment, dated as of February7, 2022, to the Security Agreement, dated July1, 2020, by and between the Trustees of the 2015 Jane Hamm Lerum Trust II and the Trustee of the Revocable Inter Vivos Trust of Harold G. However, Hamm believed that new technology could make it economically viable to extract oil from the Bakken. He is the chairman and founder of a petroleum and natural gas exploration and production company named Continental Resources. That's what it should all be about. He built a grassroots startup into an NYSE-traded, Top 10 oil producer in the U.S. Lower 48. Judith Hamm's former step-mother in law was. Donald asks the courts to let him tweet. Ms.Lambertzs beneficial ownership. Mr.Hamm is a son of Harold G. Hamm. It produced 75 barrels of oil per hour, and everyone took notice. Mr. Hamm had over the course of their marriage grown to become one of the richest men in the world, a far cry from his youth and a true embodiment of the American dream. Copyright FameChain 2023, All rights reserved. I am grateful that they purposefully worked to instill in their children this work ethic and desire to give back, and I credit that effort in bringing me to where I am now in my career. Plant a tree for HAROLD. Bungalow 23 to Bring Big Concepts to Uptown 23rd, Keep Your Valentines Day Simple and Creative, 405 Magazines Most Loved Stories of 2022, 10 Sparkling Wines for Your New Years Eve, Oklahomas All-Black Towns Will Meet to Share Their Pasts and Build Their Futures. Subscribe, (This recollection is part of our continuing series 'When I Was 25,' where the most successful tycoons of our time tell how they got their start.). A behemoth that Mr. Hamm has a 68 percent stake in, a stake he lost none of in the divorce as it was determined to be 'separate property.'. Harold Hamm ( Full Name: Harold Glenn Hamm) is a preeminent American entrepreneur. of the Revocable Inter Vivos Trust of Harold G. Hamm, under which the 2015 Hilary Honor Hamm Trust II has pledged its shares of Common Stock as collateral for an existing note that was previously used to acquire membership interests in HHF. He resides in Oklahoma City, Oklahoma. He is known for extracting shale oil resources. But his love for Zola, his wife, companion, and playmate, was his greatest and deepest joy for the past 20 years. The couple had two children together before divorcing in 2004.