Armie Hammer's businessman father Michael dies aged 67

A representative for the family confirmed that the millionaire oil mogul passed away on Sunday after a long battle with cancer. "Michael Hammer has passed away after a long, hard fight with cancer and is now at peace.”. His death comes just months after his actor son Armie returned to Los Angeles from the Cayman Islands, where he was reportedly spotted selling timeshares at a resort in July. Armie has not yet released his own statement about Michael's death. According to TMZ, which broke the news, Michael was known for his involvement with his late grandfather's company Occidental Petroleum Corporation