Tech titan ordered to pay ex-wife $644m in divorce settlement

The divorce, involving the chairman of one of South Korea's biggest companies, has gripped the nation.

South Korea A.I. Billionaire Ordered to Pay More Than Half a Billion Dollars in ‘Divorce of the Century’

A South Korean court awarded $644 million to Roh Soh-yeong, who had sought much more from her ex-husband, Chey Tae-won, the head of the conglomerate behind SK Hynix.

By Choe Sang-Hun

South Korean tech billionaire ordered to pay $640mn in ‘divorce of the century’

Ruling against Chey Tae-won, chair of chipmaker SK Hynix, comes a decade after he first revealed extramarital affair

South Korea’s SK Group chief ordered to pay ex-wife US$644 million in record divorce case

A ⁠South ⁠Korean court ⁠on Friday ordered SK Group Chairman Chey Tae-won to pay his former ‌wife Roh Soh-yeong 944 billion won (US$644 million) in a divorce-related property division case, lower than a previous 1.38 trillion won ⁠award that had drawn scrutiny of his stake in the group’s holding company. If finalised, the ruling from the Seoul High Court would be South Korea’s most expensive divorce ever. Chey is worth about US$5.6 billion, according to the Bloomberg Billionaires Index, with h...

By Bloomberg

Billionaire businessman ordered to pay ex-wife £480 million in ‘divorce of the century’

SK Group Chairman Chey Tae-won filed for divorce after revealing he was in a relationship with another woman and had a child with her

By Summer Woolley

Coaching ‘denies’ student fee refund after he quits in weeks, ordered to pay Rs 35,000

By Vineet Upadhyay

SK Chair Chey ordered to pay ex-wife W944b in divorce asset ruling

A Seoul appellate court on Friday ordered SK Group Chairman Chey Tae-won to pay 944 billion won ($644 million) to his former wife, Roh Soh-yeong, cutting the earlier award by nearly a third while again ruling that his shares in the group's holding company belonged in the marital estate. The Seoul High Court's family division, presided over by Judge Lee Sang-joo, set Roh's recognized contribution at one-third and Chey's at two-thirds. That ratio applies to the pool of divisible assets. It does no

By The Korea Herald

South Korean court orders SK chairman Chey to pay US$644 million to ex-wife in divorce ruling

South Korea’s ‘divorce of the century’: SK Group chairman ordered to pay $644 million to ex-wife

The ruling still requires final confirmation, after the Seoul High Court substantially reduced an earlier 1.38 trillion won award that had originally treated publicly disputed political funds as part of the couple's shared marital property The post South Korea’s ‘divorce of the century’: SK Group chairman ordered to pay $644 million to ex-wife appeared first on ProtoThema English.

By Αλεξία Αμβράζη

Tech titan ordered to pay ex-wife $644m in divorce settlement

The chairman of corporate giant SK Group has been ordered by a South Korean court to pay his ex-wife 944bn won (£483m; $644m) in a case that local media has called the "divorce of the century".

By Emmanuel Tetteh