Ex-wife of oil tycoon cashes $974M divorce settlement check

Ex-Wife Of Oil Tycoon Cashes $974M Divorce Settlement Check

The ex-wife of an oil tycoon has deposited a divorce settlement check worth almost $1 billion after refusing to cash it earlier this week.

"Let's get the exact number: $974,790,317," ABC anchor Amy Robach said.

"And don't forget the 77 cents. You forgot that," anchor Robin Roberts said.

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Ex-wife of oil tycoon cashes $974M divorce settlement check
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UNITED STATES - OCTOBER 22: Harold Hamm, chairman of Continental Resources Inc., stands for a photo near an oil rig outside Watonga, Oklahoma, U.S., on Wednesday, Oct. 22, 2008. Hamm, owner of a 150-person oil company in 1988, began leasing 30,000 acres of Montana and North Dakota prairie he knew wouldn't produce oil. For 12 years, he sat back and watched rivals fail to draw from rocky ground. Today, geologists say the area may contain more oil than Saudi Arabia, making him the richest U.S. oilman. (Photo by Larry Smith/Bloomberg via Getty Images)
Harold Hamm, chairman, chief executive officer and founder of Continental Resources Inc,, smiles during a panel discussion at the Bloomberg Link Oil & Gas Conference in Houston, Texas, U.S., on Thursday, Oct. 17, 2013. The first-ever Bloomberg Oil & Gas Conference will explore the global implications of the U.S. on the verge of energy independence, as well as the broader themes in the world of natural resources. Photographer: Aaron M. Sprecher/Bloomberg via Getty Images
Harold Hamm, chairman and chief executive officer of Continental Resources Inc., speaks during an interview in New York, U.S., on Thursday, Nov. 10, 2011. Continental Resources Inc., an Enid, Oklahoma-based oil and gas exploration company, explores, exploits, develops, and acquires oil and gas reserves, primarily in the Rocky Mountains and the Mid-Continent, as well as in the Gulf Coast region of Texas and Louisiana. Photographer: Scott Eells/Bloomberg via Getty Images
NEW YORK, NY - APRIL 24: Harold Hamm attends the TIME 100 Gala celebrating TIME'S 100 Most Infuential People In The World at Jazz at Lincoln Center on April 24, 2012 in New York City. (Photo by Kevin Mazur/WireImage for TIME)

Back in November, an Oklahoma judge ordered Harold Hamm to pay Sue Ann Arnall $995.5 million, making this one of the largest divorce settlements in history.

At the time, NBC reported the judge ordered Hamm to pay Arnall $322.7 million by the end of 2014. The remaining amount would then be paid in monthly installments of $7 million.

It sounds like Hamm went above and beyond by writing that one check for almost the full amount.

Earlier this week, it was being reported Arnall was rejecting Hamm's massive check.

Hamm's attorney told The Oklahoman that Arnall was planning to appeal the divorce settlement decision "to pursue a larger share of the couple's assets." On Tuesday, the judge refused to change his decision on the settlement and Arnall asked the state Supreme Court to review the ruling.

But sometime between Tuesday and Thursday, Arnall had a change of heart. Hamm's attorney confirmed to CNBC that she has deposited the check.

On top of that, Arnall was also awarded $25 million in assets, which included three homes in Oklahoma and California.

Hamm is the chairman and CEO of Continental Resources, a drilling company located in Oklahoma. According to Forbes, his net worth currently stands at $8.3 billion.

He used to be substantially richer, though. In November, The New York Times reported his net worth was $18 billion.

The decrease is thought to be thanks to the drop in oil prices over the last several months.

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