Transcript for Top Oil Executive Forced to Pay Ex-Wife Nearly $1B
Now to one of the biggest zors settlements ever. A top oil executive paying his ex-wife nearly $1 billion. That's far less than her lawyers were asking for. Rebecca Jarvis has the story. Reporter: Good morning. And these Numbers are mind blowing. Her lawyers were going for half of his nearly $18 billion fort fortune. And still the settlement is so large, that news hit her husband's company's stock price, couldn'tal resources. Which slut are you going to stay with tonight? What difference does it make? Whoever it is, it's got to be more interesting than the slut I'm looking at right now. Reporter: It's the most talked about since J.R. And sue Ellen went toe to toe over the oil fortune. This time it's Oklahoma's richest man, Harold hamm, an oil mason and behind one of the fastest growing companies, continental resources. He's been forced to pay his former wife $995 million in one of the most costly divorce settlements ever. It ended with the ruling he has to pay her $322.7 million by the end of this year. After that, she'll receive $7 million a month. So what does $7 million a month buy you these days? How about 1402015 BMW convertibles, 70 Kentucky derby contenders. Or a getaway in the Hollywood hills. They had been married since 1988 and had no prenuptial agreement. His fortune is estimated at $17.6 billion. He drops a few positions on the Forbes richest people's list. She's one of the richest women in fact world as a result of this. And she worked for the company as an attorney for continental resources. That's the argument there. She helped build it. You should have seen Michael's face when he heard a billion dollars. I should have married him.
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