South Korean billionaire and chairman of SK Group conglomerate, Chey Tae-won, has been ordered to pay his ex-wife 1.38 trillion won ($1bn) in cash, marking the country’s largest-ever divorce settlement.
In a landmark decision, South Korean billionaire and chairman of the SK Group conglomerate, Chey Tae-won, has been ordered to pay his ex-wife 1.38 trillion won ($1 billion) in cash.
This ruling marks the largest divorce settlement in the history of South Korea. The settlement underscores the significant financial and personal repercussions of high-profile separations within the country's elite.
Chey Tae-won, a prominent figure in South Korea's business world, now faces a new chapter as this historic settlement reshapes the landscape of divorce precedents in the nation.