S Korea tycoon escapes paying $1bn in 'divorce of the century'

BBC NewsThursday, October 16, 2025 at 6:07:49 AM
S Korea tycoon escapes paying $1bn in 'divorce of the century'
In a surprising turn of events, South Korean tycoon Chey Tae-won has successfully avoided a staggering $1 billion divorce settlement after the high court overturned the previous order. This ruling not only impacts Chey and his ex-wife but also raises questions about the legal precedents for high-profile divorces in South Korea. The decision has sparked discussions about wealth distribution and the implications for future divorce cases, making it a significant moment in the realm of family law.
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