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11 billion in debt since 2002 to acquire assets. The shopping for spree makes Chesapeake the third-largest pure gasoline producer in the US McClendon's fortune will lose a huge dent if pure fuel falls or if Chesapeake's inventory price declines. So is McClendon being foolhardy? Not essentially. He is simply considering in another way from a median person with a mean bank account. Taking large risks to realize greater rewards is extra important to the rich than the non-wealthy, according to Russ Alan Prince, president of market research firm Prince & Associates. In researching for his soon-to-be released guide The Center-Class Millionaire, Prince asked each center-class people and millionaires if choosing tasks with larger risk and better prospective reward is very important in reaching financial 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.