Categories: Top story of the day

Woman rejects $975 million divorce cheque because it’s too little

The former wife of Harold Hamm, chief executive of oil driller Continental Resources, has rejected a $974.8 million divorce cheque apparently because it is too little. Sue Ann Arnall, who was married to Hamm for 26 years, said the money was inadequate because it allowed her former husband to keep the bulk of a fortune that her lawyers estimated at about $18 billion. To put the figure into context, Hamm’s fortune is enough to finance Zimbabwe’e entire budget for 2015 and pay off all its debts and leave enough change to finance the 2016 budget. The cheque that his ex-wife rejected can finance at least 12 key ministries in Zimbabwe this year. These are the ministries of finance, public service, industry, agriculture, mines, environment, foreign affairs, local government, information, small enterprises, women’s affairs and parliament. What an unequal world we live in!

(144 VIEWS)

This post was last modified on January 8, 2015 7:24 am

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Share
Published by
Charles Rukuni

Recent Posts

Reserve Bank of Zimbabwe expects more foreign currency sellers to join the interbank market

The gazetting into law of the payment of quarterly taxes on a 50-50 basis in…

December 4, 2024

Zimbabwe 2025 citizens’ budget

Zimbabwe has today unveiled a ZiG276.4 billion budget for 2025 during which it expects the…

November 28, 2024

To go or not to go- Mnangagwa in a quandary

Zimbabwe President Emmerson Mnangagwa has repeatedly stated that he is not going to contest a…

November 25, 2024

ZiG loses steam, falls against US dollar for five consecutive days

The Zimbabwe Gold fell against the United States dollar for five consecutive days from Monday…

November 22, 2024

Indian think tank says Starlink is a wolf in sheep’s clothing

An Indian think tank has described Starlink, a satellite internet service provider which recently entered…

November 18, 2024

ZiG firms against US dollar for 10 days running but people still do not have confidence in the currency

Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), firmed against the United States dollars for 10…

November 16, 2024