Harold Hamm speaks at the 2016 Republican National Convention.
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When fracking tycoon Harold Hamm took the stage at the 2016 Republican National Convention, he had a nearly $13 billion net worth and plenty of optimism for the future. “Donald Trump will restore America’s rightful place as the energy leader of the world!” Hamm exclaimed. Trump left office Wednesday, capping off a truly terrible four years for Hamm.
Despite years of praising and advising Trump, Hamm’s fortune fell more under his presidency than any other U.S. billionaire. From the time Trump took office to the end of his term, Hamm’s net worth nosedived by nearly $9 billion, Forbes estimates, fueled by a 60% drop in the share price of Hamm’s Continental Resources.
(There is one American billionaire whose fortune fell by more than Hamm’s: hedge fund tycoon George Soros. He’s worth about $16 billion less than he was at the start of Trump’s presidency—but…