A South Korean court has ordered Chey Tae-won, the chairman of SK Group, to pay his ex-wife Roh Soh-yeong a staggering 944bn won (£483m; $644m) in a divorce settlement. The verdict marks the end of a long and highly publicized divorce battle between the two, who were married for 35 years.
The case has been closely watched in South Korea, where SK Group is one of the country's largest and most influential conglomerates. The company has interests in a wide range of industries, including semiconductors, telecommunications, and energy.
The divorce settlement is one of the largest in South Korean history, and it highlights the complex and often contentious nature of divorce proceedings in the country. The court's decision is still subject to finalization, but it is expected to have significant implications for the parties involved.
The divorce battle between Chey and Roh has been ongoing for over a decade, and it has been marked by numerous twists and turns. The couple's marriage fell apart after it was revealed that Chey had fathered a child with another woman.
SK Group has been at the center of several high-profile news stories in recent months, including a record-setting debut on the US stock market. The company's subsidiary, SK Hynix, has also been making waves in the tech industry with its advancements in artificial intelligence and chipmaking technology.