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International Business Times UK
International Business Times UK
World
Regyl Jaen

South Korea's 'Divorce of the Century' Could Have Cost $940M: SK Billionaire Now Owes His Ex-Wife $644M

South Korea's biggest corporate divorce has ended with SK Group Chairman Chey Tae-won ordered to pay his ex-wife, Roh Soh-yeong, a staggering $644M. (Credit: Wikimedia Commons/JEON HAN & CCKorea)

One of South Korea's richest businessmen has been ordered to pay his former wife 944B won ($644M) in what local media have dubbed the country's 'divorce of the century.' The Seoul High Court ruled that SK Group Chairman Chey Tae-won must make the massive payment to his ex-wife, Roh Soh-yeong, after revisiting an earlier decision that had awarded her an even larger 1.38T won ($940M) settlement.

While the latest figure is significantly lower, the legal battle is far from over. Either side can still appeal the ruling to South Korea's Supreme Court, meaning the payout has yet to be finalised.

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