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الاقتصادية
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South Korea's record $1.9B divorce settlement
A South Korean court has ordered billionaire Ko Wen-hyuk-been, founder of "Smile Gate," the developer of "Cross Fire" and "Lost Ark," to pay his ex-wife a settlement of $1.9 billion, including granting her a 35% stake in the company. This verdict is among the largest divorce settlements in South Korea, with the value of her share estimated at approximately 7.1 trillion won, along with a cash payment of 65 billion won. The ruling is expected to reshape the ownership of one of the country's largest private companies and reflects an assessment of the spouse's contributions to the company's development during their marriage. It also opens a discussion on how to value household contributions and child-rearing in inheritance and ownership disputes.
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