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Tycoon to pay ex-wife $1.87bn in record South Korea divorce settlement
In July this year, Chey Tae-won, the chairman of the corporate giant SK Group, was ordered to pay his ex-wife 944bn won which, prior to today's ruling, was the largest divorce award in Korean history.
This settlement is more than double the previous record of 944bn won which tech titan Chey Tae-won was ordered to pay his ex-wife.
A South Korean court has ordered gaming tycoon Kwon Hyuk-bin to pay his ex-wife 2.
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