The majority of divorcing women would probably say "Hallelujah!" all the way to the bank. Right?
Well, that's how billionaires differ from the rest of us. You see, Continental Resources CEO Harold Hamm, whose estimated worth rounds at a cool $8 billion according to Forbes, tried to pay off his ex-wife with a multi-million dollar settlement.
The $1 Billion Divorce Settlement Offer that Wasn't Good Enough
Let's just say that she didn't quite appreciate the offer.
His former wife, Sue Ann Arnall, had been an attorney and former executive at Continental Resources and likely felt that after 25 years of marriage, well, she deserved more.
In November, both she and Hamm appealed the trial court's judgment awarding her $1 billion. She didn't think that $1 billion was enough either; meanwhile Hamm thought it was too much.
This type of disagreement is typical in divorce cases. When tensions are high, it's hard for ex-spouses to agree. Reason seldom dominates.
There's another interesting tidbit about this case. In addition to the as-of-yet undetermined divorce settlement, the CEO has already paid Arnall $20 million over the past two and a half years.
Twenty million is a handsome sum for most women, but not Arnall.
It will be interesting to see what happens in this case in the coming months. Unless the parties can come to an agreement soon, the attorneys will continue to litigate, and the spouses will continue to argue and file appeals.