Portrait of Harold Hamm & family

Rank #137

Harold Hamm & family

Net worth $20.1B

Oil & gas · United States

Born
Dec 11, 1945
Age
80
Source
Oil & gas
Residence
Oklahoma City, Oklahoma
Citizenship
United States
Marital status
Divorced
Children
5
Education
Diploma, High School

Net worth over time

Biography

  • Fracking pioneer Harold Hamm founded and chairs Continental Resources, one of the nation's biggest independent oil companies.
  • The 13th child of Oklahoma sharecroppers, Hamm's earliest memory is picking tomatoes while barefoot in the red Oklahoma dirt.
  • 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.
  • In the 1990s he had the vision to use horizontal drilling and hydraulic fracturing in North Dakota's Bakken region, transforming the U.S. oil industry.
  • Hamm's new oil exploration venture is in Turkey, in partnership with Malone Mitchell at TransAtlantic Petroleum.
  • When Hamm divorced his wife of 26 years in late 2014, he wrote her a settlement check for nearly $975 million.
  • Hamm took Continental private in a 2022 LBO and divvied up ownership among his children.