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Eleven billion in debt since 2002 to amass property. The shopping for spree makes Chesapeake the third-largest natural gas producer in the US McClendon's fortune will lose a huge dent if pure gas falls or if Chesapeake's inventory price declines. So is McClendon being foolhardy? Not necessarily. He is simply considering in a different way from a mean particular person with a median checking account. Taking large dangers to realize bigger rewards is more important to the wealthy than the non-rich, based on Russ Alan Prince, president of market research agency Prince & Associates. In researching for his soon-to-be released ebook The Middle-Class Millionaire, Prince requested both center-class folks and millionaires if choosing tasks with larger threat and better potential reward is very important in attaining monetary success. A third of these polled from the center-class mentioned it was, compared to 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.