A South Korean court has ordered billionaire SK Hynix Chairman Chey Tae-won to pay his former wife, Roh Soh-yeong, 944 billion won ($644 million) in their decade-long divorce case. Roh, the daughter of former South Korean President Roh Tae-woo, had sought a larger share of Chey’s fortune, arguing that her father’s early investment in the company contributed to its growth.
Background of the Case
Chey and Roh split over 10 years ago, and since then, Roh has fought for a bigger slice of his fortune. The court’s decision is seen as a significant development in the case, which has captivated the nation. The ruling comes as the AI boom has boosted demand for the memory chips made by SK Hynix, a subsidiary of SK Group.
Original reporting: KTVZ (Central Oregon) — read the source article.