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Harold Hamm & family
#134

Harold Hamm & family

Source of wealth: Oil & gas

Net Worth

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Earnings per second

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The scale of their wealth

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Health

The price of life

Let's compare Harold Hamm & family's fortune with the healthcare spending of a massive country

Harold Hamm & family could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 9.0 years.

But even if we compare their fortune with that of a rich country

On the other end, Harold Hamm & family could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 4.0 years.

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Education

Buying the future

Let's also compare their fortune with education spending, first with a poor country

Harold Hamm & family could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 5.9 years.

And yes, we can also compare it with a rich country

But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Harold Hamm & family could pay for it entirely for 8.0 years.

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Research

The monopoly on progress

Coming full circle, we think it's also interesting to add another gigantic country

Harold Hamm & family could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 33.8 years.

And of course, the country that invests the most per capita worldwide

But even if we compare the total wealth of Harold Hamm & family with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.8 years.

While billions of people struggle to access basic healthcare, education, and research, a single individual could fund entire national systems for centuries.

Gold

Everyday luxuries

Gold bar

Harold Hamm & family's fortune is equivalent to 138 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.

Gold rings

A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.

Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.

Harold Hamm & family could buy 36,755,518 gold rings. That's a lot of fingers and way too many gifts!!

And if you're struggling to visualize that many rings, it would take 7 trucks to transport them. Although Harold Hamm & family will almost certainly have enough money left over to pay for the gas.

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Biography

Fracking pioneer Harold Hamm founded and chairs Continental Resources, one of the nation's biggest independent oil companies.

The 13th child of Oklahoma sharecroppers, Hamm's earliest memory is picking tomatoes while barefoot in the red Oklahoma dirt.

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.

In the 1990s he had the vision to use horizontal drilling and hydraulic fracturing in North Dakota's Bakken region, transforming the U.S. oil industry.

Hamm's new oil exploration venture is in Turkey, in partnership with Malone Mitchell at TransAtlantic Petroleum.

Financial Assets

Financial assets information not available.

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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