Wire flash
FinanceA South Korean court has ordered SK Hynix billionaire Chey Tae-won to pay his former wife 944 billion won (US$643 million) in a divorce settlement. The ruling, issued on Friday, July 24, 2026, represents a nearly one-third reduction from the amount a lower court had ordered Chey to pay in 2024. The case involves one of South Korea's largest corporate fortunes and has drawn significant public attention due to the size of the settlement and the high-profile nature of the parties involved.
The Business TimesRegional
SK Group Chairman Ordered to Pay $645M in Landmark South Korean Divorce