Entrepreneur of the Week - Harold Hamm
This has picked Billionaire Harold Hamm as the Entrepreneur of the week. He was picked as the Entrepreneur of the week according to poll result from our readers. Harold Hamm is the CEO and Chairman of Continental Resources.
According to forbes, the United State Citizen and Billionaire is worth $17.2B and the source of wealth is mainly Oil and Gas. He ranked 29th Billionaire in the United State and 68th in the world with $17.2B
Read Also, Entrepreneur of the week - George Soros
In the past five years, shares of Harold Hamm's Continental Resources are up more than 400%. Hamm owns 70% of the oil company, which is the biggest operator in North Dakota's Bakken shale and boasts production volumes of nearly 150,000 barrels per day. A pioneer in the Bakken, Hamm thinks it will yield 24 billion barrels of oil in the decades to come. He predicted years ago that the field would surpass 1 million barrels per day, which could happen this year. "We've doubled our oil output in the last five years," Hamm tells Forbes. "We'll double it again in the next five." Hamm has come a long way. The youngest of 13 children, his parents picked cotton and raised the entire family in one-bedroom house in Oklahoma. His first job was a gas station attendant. He founded Harold Hamm Tank Truck Service in 1966; at the time, its sole asset was a Bobtail Ford truck used to service oil wells.
Even at age 68, Harold Hamm is a lover of the youth and donate money to charity organization. Kudos to Harold Hamm for becoming our site Entrepreneur of the week.
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