The obituary was featured in Legacy on September 6, 2006. Hamm was born in Lexington, Oklahoma, the 13th and youngest child of cotton sharecroppers, Jane Elizabeth (ne Sparks) and Leland Albert Hamm. But my first hit came when I was 25, in 1971, when I made my first . (d) During the last five years, none of the Reporting Persons nor, to the knowledge of each of the Reporting Persons, has any of the Reporting When Continental Resources grew into a major oil producer, Hamm became a billionaire. During the trial it was argued that Continentals growth stemmed mostly from passive factors, such as rising oil prices, and, under Oklahoma law, only the 'active' portion of wealth accrued during marriage in previously acquired assets is subject to division. First Amendment, dated as of February7, 2022, to the Security Agreement, dated July1, 2020, by and between the Trustees of the 2015 Deana Ann Cunningham Trust II and the Trustee of the Revocable Inter Vivos Trust of among the members of Harold Hamm Family LLC, an Oklahoma limited liability company (HHF), on February7, 2022, all shares of Common Stock owned by HHF were distributed by HHF by way of a pro rata dividend to its Continental Resources is now one of the leading companies operating in the Bakken, with a production capacity of more than 200,000 barrels per day. They were willing to show a hungry young man about the industry, to teach me what they'd spent so many years learning. Established this spring, the fund to-date has raised close to $300,000 in donations. Floyd Harrington worked for Chris Well Service; he taught me about the well-servicing industry. Hamm has two daughters from this relationship. In the 1990s he had the vision to use horizontal drilling and hydraulic fracturing in North Dakota's Bakken region, transforming the US oil industry. Harold stands at the height of 5 ft 7 in (Approx 1.70m). It all began with my dream of becoming an oilman. The oil people there were different--charismatic, bigger than life. Age, Height, Relationship, Ethnicity, What is Jesse L. Martin doing now? The source of his wealth and richness is mainly from the company he founded, Continental Resources. Hamm is a daughter of Harold G. Hamm. See the Elon Musk family tree here at FameChain. Enid was a company town for Champlin Petroleum, and there was an oil boom going on. [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. First Amendment, dated as of February7, 2022, to the Security Agreement, dated 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 . However, Hamm believed that new technology could make it economically viable to extract oil from the Bakken. The 2015 Shelly Glenn Lambertz Trust II and 2015 Deana Ann Cunningham Trust II each received 36,695,904 shares of Common Apart from spending his energy on business related ventures, he remains politically involved and supported Mitt Romney in his presidential campaign of 2012 against Barack Obama. No one fits that description better than Jane Hamm Lerum. Before joining the Company as an employee, she served as the Chief Operating Officer at Hamm Capital, a family investment and advisory firm based in Oklahoma City, from August 2011 to October 2018. That aforementioned $9billion fortune of Mr. Hamm's was in fact a $20billion fortune as recently as August, with the oil baron forced to watch over half his worth slip away due to a drop in the price of crude oil. be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) A class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section12(g)(4) of the Coles worker fights a woman allegedly trying to steal groceries, Man ordered to take off a Jesus Saves t-shirt at Mall of America, Motorists slowly drive down snowy hill in treacherous conditions. the Securities Exchange Act of 1934, as amended (Act), or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). The UK's supply crisis puts extra pressure on Prime Minister Boris. Such amount includes 1,888 shares of Common Stock held in a custodial account managed by Ms.Lambertz as A copy is attached hereto as Exhibit 4E. From 1999 to 2005, Ms. Lambertz was the Executive Director of the YWCA in Enid, OK. He is currently divorced. It still produces, and paid all the bills. He is a 76-year-old preeminent American entrepreneur who is the chairman and founder of a petroleum and natural gas exploration and production company named Continental Resources. And I came up with an idea that was different from what everybody else saw. Harolds mother, Jane helped out at home by taking care of the children and raising them. Such amount includes 212,322,648 total shares of Common Stock (as defined below) of which Roger Clement (the Gay, Education, Girlfriend, Who is James Frain? Harold lived in Seattle, Washington 98119, USA. Over the next several years, it became a dream that I strove to make come true. Jane Elizabeth Hamm Lerum beneficially owns 42,547,637 shares of Common Stock, or 11.7% of the outstanding shares of Common Stock. co-trustee of the 2015 Shelly Glenn Lambertz Trust II, each of Roger Clement and Shelly Glenn Lambertz has executed the First Amendment, dated as of February7, 2022, to the Security Agreement, dated dated February7, 2022, attached hereto as Exhibit 1, by the individuals (in their individual capacity and/or as trustee or co-trustee of certain trusts) listed in Item 2 below (each, a Harold married Myrtle S Hamm. Dan Cathy Chick Fil A, Bio, Wiki, Age, Wife, House, And Net Worth, Jeff Wilpon Businessman, Bio, Wiki, Age, Height, Wife, Daughter, and Net Worth, Copyright 2023 | WordPress Theme by MH Themes, List of States in the US, Alphabetical list of States in the U.S., and Abbreviation of States in United States. Those who We've doubled our oil output in the last five years. It was redrilled, and it produced quite a bit of oil over a long period of time, but they never quite figured out the zone--in other words, the depth--from which the oil had come. Donors can give to a collective called EA Funds (EA = effective altruism) to benefit animal welfare causes, including the Good Food Institute (GFI, the nonprofit arm of the cell-cultured meat aka alt-protein industry) along with other proponents of biotech meat such as the Modern Agriculture Erik Jones is entering his seventh year as a full-time Nascar Cup Series driver, and it may be the most important of his career. Furthermore, Harold owns homes in Nichols Hills and Enid which both are in Oklahoma. Harold was born on December 11, 1945, in Lexington, Oklahoma, United States. The Week In Energy: Bullish Signals For Oil, But Not For Natural Gas. 01:08 GMT 07 Dec 2014. This cast me into a totally different environment. As of February 4, 2022, Hamm's net worth is estimated to be US$49.3 billion, making him the 63rd wealthiest person in the world. Their divorce was finalized in 2015 and Sue Ann received a total of 975 million USD in settlement. Mr.Whites beneficial ownership. Follow story Receive email updates when there are changes to this story. Succession Trust and (ii)co-trustee and primary beneficiary of the2015 Deana Ann Cunningham Trust I and 2015 Deana Ann Cunningham Trust II. and a director of the Issuer. Roger Clement has sole A copy Harold became a billionaire when Continental Resources grew into a major oil producer. result of their beneficial ownership. Roger Clement shares voting and dispositive power with Harold Thomas Hamm, as co-trustee, to direct the voting and disposition of the 5,380,561 shares of Common Stock held by the 2015 Harold Thomas Hamm Trust I and the 37,214,852 shares of Common Stock held by the 2015 Harold Thomas Hamm Plant a tree for HAROLD. Jackson Alexander White beneficially owns 1,888 shares of Common Stock, or 0.0% of the outstanding shares of Common Stock. Power of Attorney for Hilary Honor Hamm regarding filings under Sections 13 and 16(a) of the Securities Exchange Act of 1934, as amended. He has worked really hard to achieve all that he has today. Each of the Reporting Persons disclaims beneficial ownership of the securities Hamm is the chairman and CEO of Continental Resources, a leading oil and gas exploration and production company with operations in the Bakken formation in North Dakota and Montana. There shouldn't be any limits. [3] He is the founder and chairman of Continental Resources In 2012, presidential candidate Mitt Romney named Hamm as his energy advisor,[4] and Hamm donated to and advised Romney's election effort. 10-Q filed with the SEC on November3, 2021, adjusted for 1,282,502 shares of Common Stock since repurchased by the Issuer pursuant to the Issuers previously announced share repurchase program. I was curious about this, so I started looking at well logs all across the area. The daughter of oil and gas entrepreneur Harold Hamm and philanthropist Sue Ann Arnall, Lerum, while accustomed to being in the public eye, carries herself with disarming grace and humility. This as Miss Arnall has taken ownership of the Oak Ridge Ranch in Carmel, California, a property purchased by the couple in 2011 for $14.7million, along with the couple's two of their Oklahoma properties, as per the court's ruling. He is also a major philanthropist, donating millions of dollars to education, health care, and other causes. After school, I hope to continue working on bettering our community through public service and philanthropy. The Very Thought of You (1998)as Director. Miss Arnall, who worked as a lawyer for Continental when she and Mr. Hamm married, and went on to take a series of executive roles at the company, also claims that Judge Haralson undervalued her own contributions to the couples wealth. First Amendment, dated as of February7, 2022, to the Security Agreement, dated July1, 2020, by and between the Trustees of the 2015 Hilary Honor Hamm Trust II and the Trustee of the Revocable Inter Vivos Trust of Harold Rocky Rockhold was a field foreman for Texaco and a wealth of knowledge. Shelly Glenn Lambertz, as custodian for Zachary Richard Lambertz, received 1,888 shares of Common Stock in her individual capacity. This fund aims to achieve racial equity through a number of different grant initiatives. That's fantastic! They were however divorced back in the year 1987. Reflects change since 5 pm ET of prior trading day. The percentages used herein are calculated based on 364,298,373 shares of Common Stock outstanding (the HAROLD HAMM . They had 8 children: John D Hamm, Vivian N Hamm and 6 other children. 2023 Forbes Media LLC. Error retrieving headline. Her experience as a court-appointed special advocate in Los Angeles piqued her interest in criminal justice and led her to begin work with the beleaguered Oklahoma County Jail when she and husband, Tom, moved back to Oklahoma from California in 2018. 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.).
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