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Ex-Wife In Korea's $645M "Divorce Of The Century" Gets Iced Out Of AI Boom
Ex-Wife In Korea's $645M "Divorce Of The Century" Gets Iced Out Of AI Boom
A Seoul court has ordered SK Group Chairman Chey Tae-won to pay his ex-wife 944 billion won ($645 million), in the largest divorce award in South Korean history. And while the figure is a record, it was calculated against a stock price more than two years old - before it went ballistic in the AI boom.
Chey Tae-won, chairman of SK Group. Lee Young-hwan/Newsis/Associated Press
The Seoul High Court's First Family Division, presiding judge Lee Sang-ju, issued the ruling...
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After several weeks of build up, today the Treasury announced that total public debt surpassed $40 trillion for the first time, after jumping by over $60 billion in one day, and has now surged by $1 trillion in just over three months, and by a third of the total in less than five years, as US lawmakers...
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