SK Group Chair Ordered to Pay $1 Billion in Record Divorce Settlement

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Source: CBS News
SK Group Chair Ordered to Pay $1 Billion in Record Divorce Settlement
Photo: CBS News
TL;DR Summary

A South Korean court has ordered SK Group chairman Chey Tae-won to pay his wife Roh So-young a record $1 billion divorce settlement, significantly increasing the amount from a previous ruling. The court recognized Roh's contributions to Chey's business success and took into account her emotional suffering due to Chey's extramarital affair. Chey's legal team plans to appeal the decision.

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