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Published December 03, 2010, 09:07 PM

Richest Oilman In The Country Visits UND

Harold Hamm is the founder and CEO of Continental Resources and owns more oil and gas than any other person in the United States.

From pumping gas to owning it, a billionaire from Oklahoma shared his story with students at UND today.

Harold Hamm is the founder and CEO of Continental Resources and owns more oil and gas than any other person in the United States.

"Our industry is a generous industry. We go out and spend millions of dollars for something and share it with everybody else. That's one of the reasons I like it." Hamm said.

Billionaire Harold Hamm started out pumping gas at a service station and is now the CEO of Continental Resources Incorporated. Today the wealthiest oilman in the U.S. visited UND. Hamm says the oil boom in North Dakota, provides many job opportunities.

"There was an estimation early of some 9-thousand jobs, that number increased to 12-thousand. I've heard recent numbers as high as 20-thousand jobs that's needed up here in the oil and gas industry." Hamm said.

Hamm owns oil in the Bakken in the Western part of the state where estimates of reserves have more than doubled.

"It's provided a wonderful resource for North Dakota and our country, allowing us to cut down on the amount of imports, oil imported to America."

Hamm shared his story with UND students today...hoping to inspire and help those with the same dreams.

"He used the example of crawling out to the end of a branch to get the fruit, sometimes the branch breaks, you fall off. He was very engaging with our students.: UND president Robert Kelley said.

The billionaire may live in Oklahoma, but frequently visits North Dakota where some of his success started.

"I think it's a wonderful place to come to and somebody asked "You don't come up here much in winter do you?" and I do come up here. You need to be up here and seen in the winter as well as the summer. If not our guys in the field call you a tourist." Hamm said.

This isn't the first time the entrepeneur has visited the University of North Dakota campus, some of his first research actually started at UND.

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