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11 billion in debt since 2002 to amass belongings. The shopping for spree makes Chesapeake the third-largest natural gas producer in the US McClendon's fortune will lose an enormous dent if pure fuel falls or if Chesapeake's stock worth declines. So is McClendon being foolhardy? Not essentially. He's simply thinking differently from an average individual with a median bank account. Taking huge dangers to realize bigger rewards is more essential to the rich than the non-wealthy, according to Russ Alan Prince, president of market analysis agency Prince & Associates. In researching for his quickly-to-be released guide The Center-Class Millionaire, Prince asked both center-class people and millionaires if selecting initiatives with better threat and greater prospective reward is essential in reaching monetary success. A third of these polled from the middle-class mentioned it was, in comparison with more than half the millionaires. McClendon has the chance to hit the jackpot. 77 per share, an 86 per cent premium on Chesapeake's Tuesday closing worth.