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Michael Hammer

Born 1955 · Age 70

American businessman and philanthropist; grandson of Armand Hammer. Tied to Occidental Petroleum, oversaw Armand Hammer Foundation and Hammer International Foundation, owned Hammer Galleries, Hammer Productions and was owner/CEO of the Knoedler gallery.

Total Events
25
Career Span
67 years
Peak Net Worth
$100,000,000

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Life & Career Timeline

1955Age 0

Born in Los Angeles, California

Michael Armand Hammer was born to Glenna Sue (née Ervin) and Julian Armand Hammer in Los Angeles.

9/8/1955Source
Confidence
99%
1978Age 23

Graduated University of San Diego (BBA)

Completed a degree in business administration at the University of San Diego.

1/1/1978Net Worth: $20,000Source
Confidence
95%
1980Age 25

Worked at Kidder, Peabody & Co. (NYC)

Served in various roles at the New York securities and investment banking firm Kidder, Peabody & Co. prior to joining Occidental Petroleum.

1/1/1980Net Worth: $150,000Source
Confidence
60%
1982Age 27

Earned MBA from Columbia Business School

Graduated from Columbia University Graduate School of Business with an MBA.

1/1/1982Net Worth: $200,000Source
Confidence
95%
1982Age 27

Joined Occidental Petroleum

Began working for the family-linked Occidental Petroleum; posted to facilities in Texas, Oklahoma, London, and Oman.

1/1/1982Net Worth: $500,000Source
Confidence
95%
1983Age 28

Worked in multiple Occidental postings

Worked for Occidental Petroleum in Texas, Oklahoma, London and Oman (early-to-mid 1980s postings described).

1/1/1983Net Worth: $800,000Source
Confidence
75%
1985Age 29

Moved to Occidental HQ (Los Angeles); named VP and joined Board & Exec Committee

Relocated to Occidental's LA headquarters, became a vice president and shortly thereafter a member of the board of directors and executive committee.

1/1/1985Net Worth: $5,000,000Source
Confidence
85%
1985Age 29

Converted to Christianity

Became a Christian upon marrying Dru Ann Mobley; remained a benefactor of Christian organizations.

1/1/1985Net Worth: $5,000,000Source
Confidence
85%
1985Age 29

Married Dru Ann Mobley

Married Dru Ann Mobley in Tulsa, Oklahoma (ceremony at First Methodist Church).

1/12/1985Net Worth: $5,000,000Source
Confidence
99%
1986Age 31

Birth of son Armie Hammer

One of his two children, actor Armie Hammer, was born (year cited in the article).

1/1/1986Net Worth: $6,000,000Source
Confidence
95%
1988Age 33

Birth of son Viktor Hammer

Birth of his second son, Viktor Hammer, later a businessman and entrepreneur.

1/1/1988Net Worth: $8,000,000Source
Confidence
95%
1990Age 35

Death of grandfather Armand Hammer (influence)

Armand Hammer (industrialist, grandfather) died in 1990; the event is cited as temporally near Michael Hammer's departure from Occidental.

1/1/1990Net Worth: $9,000,000Source
Confidence
80%
1991Age 36

Left Occidental Petroleum

Departed Occidental Petroleum (the article notes his exit not long after his grandfather's death).

1/1/1991Net Worth: $10,000,000Source
Confidence
86%
1992Age 37

Began oversight of family foundations

Oversaw the Hammer International Foundation and the Armand Hammer Foundation (exact start dates not specified).

1/1/1992Net Worth: $12,000,000Source
Confidence
60%
1992Age 37

Owned Hammer Galleries (start of ownership, approximate)

Owned Hammer Galleries (art dealing); exact acquisition/founding date not specified in source; ownership noted in biography.

1/1/1992Net Worth: $14,000,000Source
Confidence
45%
1995Age 40

Operated Hammer Productions (TV & film)

Owned Hammer Productions, a television and film production company located in Los Angeles; date of founding/ownership not specified precisely.

1/1/1995Net Worth: $16,000,000Source
Confidence
45%
1999Age 44

Hammer International invests in Avenue Entertainment; joined its board

Hammer International took a stake in Avenue Entertainment Group and Michael joined the company's board following the investment.

1/1/1999Net Worth: $20,000,000Source
Confidence
90%
2000Age 45

Appointed director of OnVANTAGE, Inc.

Named to the board/director role at OnVANTAGE, Inc.; OnVANTAGE was later acquired by StarCite, Inc.

1/1/2000Net Worth: $22,000,000Source
Confidence
80%
2000Age 45

Affiliations: LA Dream Center, Oral Roberts University (approx.)

Served on the board of directors and executive committee for the Los Angeles Dream Center and on the Investment Committee and Board of Reference for Oral Roberts University (specific start dates not provided).

1/1/2000Net Worth: $23,000,000Source
Confidence
60%
2000Age 45

Owner & Chief Executive of Knoedler gallery (start of known ownership, approximate)

Was owner and chief executive of the Knoedler, an art dealership in New York City (exact acquisition date not provided; he was owner prior to 2011 closure).

1/1/2000Net Worth: $25,000,000Source
Confidence
50%
2005Age 50

Historic Paul Williams mansion destroyed by fire

The Paul Williams-designed, 1920s Tudor-style mansion in which he formerly resided was destroyed by fire during renovation.

10/1/2005Net Worth: $30,000,000Source
Confidence
95%
2011Age 56

Knoedler gallery closed amid forged-painting scandal

The Knoedler gallery closed in 2011 after purchasing and reselling approximately $80 million in forged paintings attributed to artists such as Mark Rothko and Jackson Pollock.

1/1/2011Net Worth: $25,000,000Source
Confidence
95%
2012Age 57

Divorced Dru Ann Mobley

Divorced after 27 years of marriage (married in 1985; divorce finalized in 2012).

1/1/2012Net Worth: $26,000,000Source
Confidence
90%
2017Age 61

Married Misty Millward

Married Misty Millward on May 30, 2017.

5/30/2017Net Worth: $35,000,000Source
Confidence
90%
2022Age 67

Died from cancer

Michael Armand Hammer died on November 20, 2022, at age 67; cause reported as cancer.

11/20/2022Net Worth: $100,000,000Source
Confidence
20%

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