Tech billionaire ordered to pay $640mn in South Korea’s ‘divorce of the century’
Ruling against Chey Tae-won comes a decade after chair of chipmaker SK Hynix first revealed extramarital affair
South Korean billionaire Chey Tae-won, chairman of chipmaker SK Hynix, has been ordered to pay his wife $640 million in a high-profile divorce settlement. This ruling comes ten years after he first disclosed his extramarital affair. The significant sum makes this case one of the most substantial divorce settlements in the country’s history.
- Chey Tae-won, chairman of SK Hynix, ordered to pay $640 million.
- The ruling is part of what’s being called the ‘divorce of the century’ in South Korea.
- The decision follows Chey Tae-won’s admission of an extramarital affair a decade ago.
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