Those first wells allowed me to go to college, to get an education and learn the skills needed in my career. And shockingly, the ceremony happened on October 4, as Miss Arnall and Mr. Hamm were in the middle of their 10 week trial over her divorce settlement. After their wedding, the two honeymooned in Playa del Carmen, Mexico, at Rosewood Mayakoba resort, a pricey and private resort. 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. Most estimates have stated that Continental Resources was worth around $50million in 1988 when the couple married, which is just a drop in the well when compared to the $20billion behemoth it is today. 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 Donald Trumps real net worth? In 1966, after finding a cosigner for my note, I had my first company, Harold Hamm Tank Trucks (a very original name, don't you think?). Save my name, email, and website in this browser for the next time I comment. Growing up in rural Oklahoma, Mr. Hamm went to work in the oil fields as a teenager and established Continental Resources in 1967 at the age of 21. The Very Thought of You (1998)as Director. It's harder, but we're still finding oil in Oklahoma today. Later, Harold earned honorary degrees from the University of Oklahoma and Northwestern Oklahoma State University. [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. Reuters Certain Reporting Persons have executed a Power of Judge Cindy Truong has been a mentor of mine and she is constantly supporting, encouraging and challenging me to push myself outside of my comfort zone in order to achieve things I did not think I could do. Harold Hamm had started off with repairing cars and pumping gas into peoples cars and today is the CEO of Oklahomas biggest oil corporation. $2.5 billion, according to our most recent tally. 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 A copy is attached hereto as Exhibit 4D. Harold is 76 years old. They divorced in 1987. When Continental Resources grew into a major oil producer, Hamm became a billionaire. Drilling a well would cost about $100,000 at that time. 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. You know, the NFLs highest-paid coach who earns somewhere between $15 million and $18 million per year? It is believed to be the largest philanthropic single gift given to education in the region of western North Dakota and eastern Montana, the footprint of the Bakken formation. Most people are more than happy to invest their time and share valuable lessons with you if you show the initiative and the desire to learn. spouse. Please read Item 3 for an explanation of the Transaction (as defined in Item 3), which resulted in The foregoing summary of the Shareholders Agreement does not purport to be complete and is qualified in its entirety by reference to the They were then blessed with two children. He invited friends to be introduced to the couple. In fact, for my first few years, I didn't find much of anything. In a lot of wells I saw that the zone was taking drilling mud, soaking it up and leaving a layer of mud cake across a permeable interval of the wellbore. Jackson Alexander White has sole voting and dispositive power with respect to the 1,888 shares of Common Stock he owns directly. 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 involving the Issuer or any of its subsidiaries; (c) A sale or transfer of a material amount of assets of the Issuer or any of its The daughter of an oil magnate and his ex-wife who just slammed a court's ruling saying that the $1billion payout she is set to receive in her divorce is 'inappropriate' and 'not fair' was married in a very private and secretive ceremony in the middle of her parents contentious trial. Ms. Lambertz also serves as Director of the Harold Hamm Foundation. He was born on December 11, 1945 in Lexington, Oklahoma and graduated from the Enid High School. Jane Elizabeth Hamm Lerum is a self-employed business owner. Furthermore, he is a member of the Global Leadership Council at the Offutt School of Business of Concordia College, Moorhead. The couple had two children together before divorcing in 2004. Rocky Rockhold was a field foreman for Texaco and a wealth of knowledge. 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 interests in HHF. He is a man of average stature. Mr.Clements beneficial ownership. He is also a major philanthropist, donating millions of dollars to education, health care, and other causes. HAROLD HAMM. A copy is attached hereto as Exhibit 4A. Harold Hamm has been married twice and has had the same number of divorces, so far. 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. The 2015 Hilary Hamm Trust II and 2015 Jane Hamm Lerum Trust II each Furthermore, Jane is blissfully hitched to her good-looking husband called Thomas Lerum. What draws you to criminal justice reform? Roger Clement shares voting and dispositive power with Jane Elizabeth Hamm Lerum, as co-trustee, He was born on December 11, 1945, in Lexington, Oklahoma, United States. result of their beneficial ownership. [14], At the 2016 Republican National Convention, Hamm criticized the Obama administration's energy policies,[15] claiming that President Barack Obama was "burdening oil companies with greater regulations" so that gasoline prices would spike. Shelly Glenn Lambertz beneficially owns 42,414,776 shares of Common Stock, or 11.6% of the outstanding shares of Common Stock, which amount Concordia. complete and correct. 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. He dropped out of high school in ninth grade to work on an oil rig with his father. [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. A 2021 report on North Americas cosmetic surgery and procedure market suggests that the market will witness a growth trend at a compound annual growth rate (CAGR) of 6.34% between 2021-2028. Trust II. He married his second wife, Darlene, in 1988. Mr.Whites beneficial ownership. Harold Hamm ( Full Name: Harold Glenn Hamm) is a preeminent American entrepreneur. He founded Shelly Dean Oil Company at age 21 back in the year 1967. The principal executive offices of the Issuer are located at 20 N. Broadway, Oklahoma City, Oklahoma, 73102. This statement on Schedule 13D (this Schedule 13D) is being filed jointly, pursuant to a Joint Filing Agreement, I noticed that in drilling down to their deeper objectives, the wells drilled through a zone with high permeability--that is, a zone that fluids can flow through, that can either take fluids or give them up. I'm a professional geologist, anexplorationist for oil. Earlier, Harold was married to his first wife named Judith Ann. The Week In Energy: Bullish Signals For Oil, But Not For Natural Gas. Hamm Harold C. Hamm Jr., 76. The source of his wealth and richness is mainly from the company he founded, Continental Resources. It is believed to be correct at the time of inputting and is presented here in good faith. Ms.Cunningham is a daughter of Harold G. Hamm. Shelly Glenn Lambertz also shares voting and dispositive power with her spouse over 2,300 shares of Common Stock she indirectly owns through her Harold became a billionaire when Continental Resources grew into a major oil producer. Each of the Reporting Persons has executed the Dividend Agreement, a copy of which is attached hereto as Exhibit Persons been (i)convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii)a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and, as a result of such Katarina Martinson Family, Family Tree, Roman Avdeev Life, Family, Business, Net Worth, David M. Overton Chief Executive Officer Of The Cheesecake Factory. Shelly Glenn Lambertz Trust II. 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. No one fits that description better than Jane Hamm Lerum. Roger Clement shares voting and dispositive power with Deana Ann Cunningham, as co-trustee, to direct In his or her capacity as co-trustee of the 2015 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. Check the Appropriate Box And while Mr. Hamm, who was previously married and has three children from that union, is no fan of the spotlight, he has not exactly shunned it over the past few years. Shelly Glenn Lambertz is Executive Vice President, Chief Culture and Administrative Officer No matter what, you've got to always follow your passion in life and always keep learning. Jesse Owens, originally known as J.C., was the youngest of ten children (three girls and seven boys) born to Henry Cleveland Owens (a sharecropper) and Mary Emma Fitzgerald in Oakville, Alabama, on September 12, 1913.He was the grandson of a slave. 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. I had a whole cadre of mentors. The percentages used herein are calculated based on the Outstanding Shares. Hamm is America's most famous oilman: a pioneer of the shale revolution of the past 20 years that made the US the world's biggest oil and gas producer, lessening its dependence on Middle Eastern. Stock as collateral for an existing note that was previously used to acquire membership interests in HHF. Early life and education. The second well was a wildcat 5 miles from production. Each of the Reporting Persons disclaims beneficial ownership of the securities He is trustee of the Jane Elizabeth Hamm 2005 Irrevocable Trust and Hilary [28] He also received in 2016 the "Executive of the Year" award from Oil and Gas Investor magazine,[29] as well as a "Lifetime Achievement Award", again from Platts Global Energy. Harold Hamm hosted a welcome home party for his daughter and her husband, Jane and Tom Lerum. Shelly Glenn Lambertz, as custodian for Zachary Richard Lambertz, received 1,888 shares of Common Stock in her individual capacity. 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 Harold was born on 11 December 1945 in Oklahoma as a 13th child to sharecroppers Jane Sparks and Leland Hamm. After school, I hope to continue working on bettering our community through public service and philanthropy. [5][6], In 1967, he founded Shelly Dean Oil Company,[7] which would later become Continental Resources. I am excited to be starting my first year of law school at Oklahoma University College of Law this fall. He was proved right, and the Bakken has become one of the most important oil fields in the United States. Today Continental produces 400,000 barrels' worth of oil and gas per day. Ms.Lambertz is the mother of Mr.Lambertz. April 18, 1919 - April 16, 2012 Plant a tree Show you care. Harold lived in Seattle, Washington 98119, USA. Reflects change since 5 pm ET of prior trading day. There was an old well that had been drilled in 1943 with an old steam rig; it blew out and burnt the rig down. Hamm married his third wife, Hilary, in 2005. 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. G. Hamm. Power of Attorney for Harold Thomas Hamm regarding filings under Sections 13 and 16(a) of the Securities Exchange Act of 1934, as amended. The 2015 Shelly Glenn Lambertz Trust II and 2015 Deana Ann Cunningham Trust II each received 36,695,904 shares of Common Ms. Lerum is a daughter of Harold G. Hamm. in a custodial account, which Ms.Lambertz manages as custodian for Zachary Richard Lambertz. At the age of nine, he and his family moved to Cleveland, Ohio for better opportunities as part of the Great Migration . He made his 13700 million dollar fortune with CEO of Continental Resources. The Bakken is a vast oil field that had been largely untapped due to its remote location and difficult geology. My concept was strictly amateur at the time, but it was a good idea. He was born in Lexington, Oklahoma, the United States to his loving father Leland Albert Hamm, and his caring mother Jane Elizabeth. Click here to Start FameChaining. The company initially focused on exploration and production in the Anadarko Basin in Oklahoma. 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. Claim this Obituary. proceeding, was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. [30], Hamm's first wife was Judith Ann; they had three children. Power of Attorney for Jackson Alexander White regarding filings under Sections 13 and 16(a) of the Securities Exchange Act of 1934, as amended. contracts relating to the Common Stock that are required to be described hereunder. [16], In the 2016 United States presidential election, Republican candidate Donald Trump considered appointing Hamm as energy secretary. He has also been active in politics, supporting Republican candidates and causes. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. 2, my first well. of Common Stock. My reason for mentioning these men is their generosity. Reporting Person) may be deemed to be a beneficial owner as a result of his position as trustee or co-trustee of the Trusts (as defined below in Item 2). Mr.White is a member of a Section13(d) group as defined under Section13(d) of the Act. Events. Under the Securities Exchange Act of 1934, (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications), (Date of Event Which Requires Filing of This Statement), If the filing (adsbygoogle = window.adsbygoogle || []).push({}); Hamm has been married three times. JANE ELIZABETH HAMM 2005 IRREVOCABLE TRUST. He was pedaling a potter's wheel there on the stage. Harold G. Hamm. In his or her capacity as But do note that it is not possible to be certain of a person's genealogy without a family's cooperation (and/or DNA testing). 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. subsidiaries; (d) Any change in the present board of directors or management of the Issuer, including any plans or proposals to change the He resides in Oklahoma City, Oklahoma. received 83,658 shares of Common Stock. Power of Attorney for Roger Clement regarding filings under Sections 13 and 16(a) of the Securities Exchange Act of 1934, as amended. [8] Hamm is a member of the Global Leadership Council at the Offutt School of Business of Concordia College, Moorhead. She is (i) co-trustee and primary beneficiary of the 2015 Jane Hamm Lerum Trust I and 2015 Jane Hamm Lerum Trust II and (ii) sole beneficiary of the Jane Elizabeth Hamm 2005 Irrevocable Trust. Thus, he relishes and commemorates his birthday on December 11 each and every year. 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. majority of the trustees of the trusts party to the Shareholders Agreement, subject to certain exception, (ii)following the death of Harold G. Hamm, to vote their shares of Common Stock as directed by the Parties holding a majority of However, he has not uttered paramount intel with reference to his siblings. Donald asks the courts to let him tweet. But you don't just start off in this business with a home run. Harold Hamm was born on December 11, 1945, in Lexington, Oklahoma. Hilary Honor Hamm is a non-profit manager at Survived by wife, Rita Hamm; sisters, Candy and Georgia; daughter, Ani 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 Lerum was appointed the countys first deputy commissioner and Criminal Justice Reform Policy Director. 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. and The comments below have not been moderated, By No one fits that description better than Jane Hamm Lerum. 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 [13], In January 2016, Hamm claimed that Saudi Arabia was unsuccessfully attempting to "flood the crude market at a time of oversupply". In 1967, he founded Continental Resources with $10,000 of his own money. 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A Fresh Reading Of Exxons Predictions Of Global Warming And Climate Change From 40 Years Ago. What is Casey Sander doing today? I first encountered the criminal justice system while serving as a court appointed special advocate (CASA) for a foster child in Los Angeles. Become the owner of this obituary to manage the guestbook, edit the notice, and more. Harold Hamm net worth has been growing and increasing over the years. It was also in early 2012 that Mr. Hamm earned the biggest accolade of his life when he was named to the Time 100 for that year. the disposition of securities of the Issuer; (b) An extraordinary corporate transaction, such as a merger, reorganization or liquidation, 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. Furthermore, it pioneered the development of the Bakken oil field in Montana and North Dakota using hydraulic fracturing and horizontally drilled wells. She is (i)trustee of the Shelly Glenn Lambertz Succession Trust and (ii)co-trustee and primary beneficiary of each of the 2015 Shelly Glenn Lambertz Trust I and 2015 He built a grassroots startup into an NYSE-traded, Top 10 oil producer in the U.S. Lower 48. Harold Hamm Diabetes Center Empowering you and leading the way to prevent, treat and find a cure. What would I have done differently at 25 if I knew then what I know now? Due to Outstanding Shares), which represents the 365,580,875 shares of Common Stock outstanding as of October25, 2021, as reported in the Issuers most recent Quarterly Report on Form She filed for divorce on May 19, 2012,[5][33] but Hamm said that he separated from her in 2005. 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. A copy is attached hereto as He is known for extracting shale oil resources. The Daniel's 5th outing as Bond gets bums back on seats in the cinema. (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 eventually started his own trucking company hauling water to and from oilfields, then in 1971 took out a loan to drill his first well. Photo by Matthew Hawthorne/The Forbes Collection. The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section18 of Born one of 13 children to a sharecropper, Mr. Hamm worked his way up, picking cotton as a child, pumping gas and fixing cars by the time he was 20 and eventually saving up enough money to drill his first well. They have a total of 3 children together. Juventus had won 8 consecutive games. 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.). 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. Hamm also denounced the Iran nuclear deal struck by the Department of State in 2015, asserting that Iran would be more able to export petroleum and develop an atomic bomb. Climate Goals Are Still Doable With More Renewables And Secure Financing. 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Home party for his daughter and her husband, Jane and Tom Lerum Securities of the Global Leadership Council the... Ceo of Oklahomas biggest oil corporation for mentioning these men is their generosity as... Seattle, Washington 98119, USA University of Oklahoma and Northwestern Oklahoma State University $ 100,000 at that time,... Mentioning these men is their generosity College, to get an education and the..., nor as poor as his critics claim American entrepreneur is attached hereto as he boasts, nor poor! $ 100,000 at that time the CEO of Continental Resources into a major oil producer, Hamm became billionaire! Plant a tree Show you care, Jane and Tom Lerum first wells allowed me to go College. Hamm had started off with repairing cars and pumping gas into peoples cars and pumping gas into peoples and. I hope to continue working on bettering our community through public service and philanthropy years Ago 1,888 of... 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