Inside SK Hynix billionaire Chey Tae-won’s super-charged divorce settlement
Afr
A South Korean court ordered SK Hynix chair Chey Tae-won to pay over $924 million to his former wife.Summary
A Seoul High Court has issued a landmark ruling ordering Chey Tae-won, the chairman of AI chipmaker SK Hynix, to pay more than 944 billion won (approximately $924 million) to his former wife. This decision concludes a decade-long legal dispute often referred to in South Korea as the "divorce of the century."
If the ruling is finalized, it will represent the most expensive divorce settlement in South Korean history. The settlement comes at a time of significant wealth for Chey, whose net worth has more than doubled over the past year and is currently estimated at approximately $5.6 billion.
(Source：Afr)