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  • If You’re Not Rich, Divorce Can Be Financially Devastating

    11/15/2014 10:24:30 AM PST · by SeekAndFind · 40 replies
    New York Times ^ | 11/15/2014 | TERESA TRITCH
    There is a long list of women* who have amassed personal fortunes by divorcing rich husbands — and as far as I can tell, they deserved every penny. This week Sue Ann Hamm joined it when a court ordered her ex-husband, Harold Hamm, the Oklahoma oil man, to pay her some $1 billion in cash and assets, or about $38 million per year of a 26-year marriage. Ms. Hamm plans to appeal on the grounds that the award grossly undervalues her share of the wealth accumulated during the marriage, Reuters reported on Thursday. If Ms. Hamm gets anywhere near half...