WebProNews

Tag: gold digger

  • Sue Ann Hamm: Does Appeal of $1 Billion Divorce Make Her a Gold Digger?

    Sue Ann Hamm is being called a “gold digger” on social media. What most people are hearing is that she just got a $1 billion divorce settlement, but says that it isn’t enough.

    Sue Ann Hamm was married to Harold Hamm, who currently ranks 37th on Forbes’ 400 Richest People in America list. Hamm’s fortune came from oil. Mitt Romney named Hamm his Energy Advisor during his 2012 campaign.

    A judge awarded Sue Ann Hamm $995.5 million in her divorce from Harold. Harold is ordered to pay $322 million to her by the end of the year, then minimum payments of $7 million each month starting in January. She also gets their $4.6 million home in Nichols Hills, Oklahoma; an $800,000 home in Enid, Oklahoma; and a $17.4 million home in Carmel Valley, California.

    But Sue Ann plans to appeal. Does that make her a gold digger?

    There are a few relevant facts to consider.

    Harold Hamm began drilling for oil in 1971, went into natural gas in the 80’s. He was married before, which ended in 1987. He and Sue Ann were married in 1988. But Hamm’s business had its ups and downs until 1995, when Hamm struck big with horizontal oil wells in North Dakota. Still the compnay lost money when oil prices went down in 1998. But slowly rising process brought him back from the brink in the early 2000s. His company did not go public until 2007.

    Sue Ann Hamm was an executive at Continental Resources, Harold Hamm’s company. According to Reuters, she “held key posts at Continental. She has led oil-industry trade groups in Oklahoma, testified to Congress on behalf of Continental and created Continental’s oil and gas marketing units.”

    The amount Sue Ann Hamm has been awarded is less than six percent of the wealth that she and Harold had together. The “marital assets” alone awarded to Harold Hamm in the divorce — homes, cabins, acreage, etc. — total more than $2 billion.

    A judge determined that the value of Hamm’s company was due more to market appreciation than work by Sue Ann. The New York Times observed that a major factor in how much Sue Ann would be rewarded would have to do with how Harold Hamm’s company got its money.

    “The money a spouse earns while married can be part of a divorce settlement if it is made through skill. If, on the other hand, the increase is attributable to ‘changing economic conditions, or circumstances beyond the parties’ control,’ as the state’s Supreme Court put it in a 1995 case, then that money is off the table.”

    While Sue Ann Hamm may have a tough case to argue for getting more money from her ex-husband, the facts do show that she was no gold digger.

  • Evelyn Lozada Fights “Gold Digger” Allegations

    Evelyn Lozada is fighting back after her ex-fiance, Antoine Walker, accused her of ditching their 19-year relationship when he ran into financial trouble.

    Walker said on a radio show that Evelyn Lozada “reaped a lot of benefits of my wealth. And when it got tight, she chose to go a different direction. So that’s the problem that I have with Evelyn.”

    That’s a pretty serious accusation against Basketball Wives alum Evelyn Lozada.

    He went on to say of Evelyn Lozada, “That’s why I have a problem with Evelyn,” he said. “It’s more personal. It’s tough when you take care of some people and you make sure that they’re good, their family, their daughters and then they just go left field.”

    https://www.youtube.com/watch?v=APaLlppTT04

    Evelyn Lozada has moved on since her relationship with Antoine Walker fell apart. She was very briefly married to Chad Johnson and then she got engaged to Los Angeles Dodgers outfielder Carl Crawford. The pair just had a son, Carl Leo.

    Evelyn Lozada isn’t letting Antoine Walker’s comments go unchecked. Shortly after his allegations were public she said, “I don’t talk about you, why talk about me?! Move on. It’s been 5 years! He was still playing in the league when I chalked up the deuces and before he filed bankruptcy, so please quit with the lies.”

    Lozada then shared the real reason she left, “He got left because he was cheating.”

    Ouch. So the truth comes out? Who knows. But Evelyn Lozada may never escape the label that has been placed on her by Walker, no matter what she does to attempt to clear her name.

    https://www.youtube.com/watch?v=iFToPCIpZ8w

    When she had her baby, Carl Leo, with Carl Crawford, Wendy Williams congratulated Evelyn Lozada. However, she then referred to the newborn baby boy as a “cash register”.

    Low blow, Wendy Williams. Low blow.

    Image via Instagram

  • Clippers Owner: Don’t Bring Black People To My Games

    Come reader, as we glimpse into the vain and amoral ponderings of the filthy rich and the honesty among the people that love them.

    Donald Sterling is the National Basketball Association’s (NBA) Los Angeles Clippers owner. In 1981 he bought the Clippers for $12.5 million – a team now worth $575 million according to Forbes. Sterling is a billionaire and rather racist.

    Sterling’s self-respecting and obviously not-in-it-for-the-money girlfriend V. Stiviano describes herself on her Instagram as a: “Artist, Lover, Writer, Chef, Poet, Stylist, Philanthropist.”  Her website, vstiviano.com, looks like this:

    The darlings of TMZ Sports managed to get their hands on a recorded conversation planned by Stiviano that took place on April 9th. Stiviano and her boyfriend, Mr. Sterling, got in a heated argument in which he voiced his opposition of her taking pictures with minorities and Magic Johnson. Highlights of the recording include Sterling saying:

    “It bothers me a lot that you want to broadcast that you’re associating with black people. Do you have to?” (3:30) – Ironically, Stiviano is a both black and Mexican.

    “You can sleep with [black people]. You can bring them in, you can do whatever you want.  The little I ask you is not to promote it on that … and not to bring them to my games.” (5:15)

    “I’m just saying, in your lousy f******* Instagrams, you don’t have to have yourself with, walking with black people.” (7:45)

    Pictures like these are what Sterling is upset about:

    This isn’t the first time Sterling’s racism peered its ugly head. ESPN reported in November 2005 he wound up paying a fine of $2.73 million to settle claims in regards to discriminatory rental practices. In February 2009 he was sued for employment discrimination on the basis of age and race; that same year in August, the Los Angeles Times reported that he was sued again by the U.S. Department of Justice for housing discrimination, unwilling to rent to non-Koreans in Koreatown, Los Angeles, and to African Americans in Beverly Hills.

    More money more problems.

    Update (2014.04.28): DeadSpin recently acquired extra audio of the conversation above. Assumingly, Stiviano is selling it to the highest bidder:

    https://www.youtube.com/watch?v=1tof8ty3xzY

    Now, what Sterling is suggesting is a racist culture in the elite that is unchangeable by the will one. It is deep rooted and still manages continuation in modern times; inescapable.

    Images via YouTube, NBA.COM, vstiviano.com, twicsy (1), (2), (3)