TODAY

TODAY   |  March 22, 2013

Billions at stake in oil baron’s divorce

The divorce between Oklahoma oil baron Harold Hamm and his second wife, Sue Ann, is attracting attention, in part because Sue Ann could win one of the largest divorce settlements in history, worth billions of dollars. TODAY’s Natalie Morales reports.

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>>> a newly revealed divorce case is making news for the billions of dollars at stake. natally is here with the details on that.

>> it is a costly one, involves one of the wealthiest and most influential businessmen in the country and his second wife, and it could lead to the highest divorce settlement ever. the divorce between oklahoma oil baron harold hamm and his second wife sue ann hamm was a well kept secret, now out in the public eye. in part because of the settlement, sue ann could obtain one of the largest in history, even more than the $1.7 billion settlement paid out to anna murdoch , the ex-wife of rupert murdoch , back in 1999 . sue ann , an economist and a lawyer, who once worked for hamm 's company, continental resources claims in court filings that harold was unfaithful during their marriage. according to harold the couple separated back in 2005 and have lived separate lives ever since. hamm , worth more than $11 billion, was listed by "forbes" as one of the 50 richest americans in 2012 and named by "time" magazine one of the most influential people in the world.

>> this is the king kong of divorce cases. sue ann stands to make lots and lots of money, more than is really on the table.

>> reporter: expensive divorces are nothing new. according to "forbes" magazine, neil diamond 's divorce from his first wife cost him an estimated $150 million. newly engaged michael jordan 's divorce an estimated $168 million, while harrison ford paid his ex-wife an estimated $85 million. as for what it has already cost harold hamm ? since confirming the pending divorce on thursday, shares in his company have fallen by almost 3%, just the beginning of what could be a costly separation.

>> harold hamm released a short statement through his company, confirms a petition for divorce is pending and said the matter is private.

>> said the matter is, private.

>> oh, dr. evil, i got it, got it.