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51 minutes ago

Tech billionaire ordered to pay $645M to ex-wife in South Korea's ‘divorce of the century’

A South Korean court ordered billionaire SK Group Chairman Chey Tae-won to pay his former wife more than $640 million in a divorce settlement that could force him to sell assets, borrow money or pledge shares as collateral.The Seoul High Court ruled Friday that Chey must pay Roh Soh-yeong 944 billion won (about $645 million), marking the largest divorce asset award in South Korean history. It's been dubbed the so-called "divorce of the century."The payout is substantially lower than the 1.38 trillion (about $935 million) won awarded by an appeals court in 2024, but the revised judgment has ren...

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51 minutes ago
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