Chey Tae-won, chairman of SK Group and SK Hynix, has been ordered to pay his ex-wife Roh Soh-yeong a divorce settlement reported at around $640 million, according to a ruling by the Seoul High Court. The decision would make it South Korea's most expensive divorce ever.
The Bloomberg Billionaires Index estimates Chey Tae-won's net worth at about $5.6 billion. The latest ruling replaces an earlier award of 1.38 trillion won.
Chey Tae-won first acknowledged an extramarital affair a decade ago, which led to divorce proceedings.