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11 billion in debt since 2002 to amass belongings. The buying spree makes Chesapeake the third-largest natural gasoline producer within the US McClendon's fortune will lose an enormous dent if pure fuel falls or if Chesapeake's inventory worth declines. So is McClendon being foolhardy? Not necessarily. He's just considering otherwise from a mean individual with an average bank account. Taking large dangers to attain greater rewards is more necessary to the wealthy than the non-rich, in response to Russ Alan Prince, president of market research firm Prince & Associates. In researching for his soon-to-be released e book The Center-Class Millionaire, Prince requested each center-class individuals and millionaires if choosing initiatives with higher danger and better potential reward is essential in reaching monetary success. A 3rd of these polled from the middle-class said it was, compared to greater than half the millionaires. McClendon has the opportunity to hit the jackpot. 77 per share, an 86 per cent premium on Chesapeake's Tuesday closing worth.