Michael Armand Hammer who is a businessman and an actor died on Sunday, 20th November after a long battle with cancer, know his net worth in 2022
Michael Armand Hammer was 67 years old on Tuesday 22nd of November, sources close to his family told the media, โMichael had been ill and had been fighting cancer for several years.โ
Michael Armand Hammer Age, Height, Wife, Education, Net Worth In 2022, Cause Of Death, News
EXCLUSIVE
ARMIE HAMMER'S DADMICHAEL ARMAND HAMMER DEAD AT 67
Michael Armand Hammer, the father ofย Armie Hammerย and business titan, has died.
Michael passed away Sunday, sources connected to the family say We're told he had been quite ill for some time, battling cancer. pic.twitter.com/xUiZmaiH9v
— Dr.w.whiteman (@Benedictsospet1) November 23, 2022
Michael Armand Hammer was born on the 8th of September in 1955 and he hails from Los Angeles, California but his height is not known. He was born to Glenna Sue Ervin and Julian Armand Hammer. In 1978, Armand graduated from San Diego University. In 1982, he received his degree in MBA from the Columbia University Graduate School of Business.
Hammer had 2 children with his ex-wife Dru Ann Mobley. From 1985 to 2012, Armand and Mobley were married for 27 years. In 2017 he got married to Misty Millward. Michael’s grandmother was Olga von Root.
Michael Armand Hammerโs Net Worth
Michael Armand is estimated to have a net worth of $1.5 million.
Michael Armand Hammer Professional Career
The businessman rose through the ranks of Occidental Petroleum, which was established by his grandfather, industrialist Armand Hammer. Throughout the years, Armand also oversaw the Armand Hammer Foundation, Hammer Galleries, and the Hammer International Foundation.
Prior to joining Occidental Petroleum in 1982, Armand began working in different capacities at the New York investment banking firm Kidder, Peabody, and Co. Michael’s sister Casey Hammer revealed to Vanity Fair in 2021 that their father Julian received only $250,000 from their grandfather’s $40 million fortune. Michael received the lion’s share of the estate which includes the 2 art galleries and two foundations.
Knoedler Gallery, which is one of Hammer’s inherited art galleries, became embroiled in a massive art scam in 2011 when hedge fund executive Pierre Lagrange sued the gallery.
Hammer was not personally charged with his wrongdoing in connection with the frauds. Testimony in the court claimed that Armand had used the gallery’s funds for personal expenses such as a trip to Paris and two luxury vehicles. The Discovery+ documentary the “House of Hammer” focused on the Hammer family, revealing numerous scandals in the family’s history of all time.
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