South Korean tycoon agrees to $1.87 billion divorce settlement
BBC World1 min read106 words
A family court has approved a divorce settlement that includes a payout of one billion dollars, establishing it as the largest divorce settlement ever recorded in the country’s history. The judgment was handed down after a lengthy legal process in which the former spouses presented extensive financial disclosures and contested the division of assets accumulated over decades of marriage.
Legal analysts note that the unprecedented size of the award surpasses previous high‑value settlements and may set a new benchmark for future high‑net‑worth divorces. The case highlights the growing complexity of asset division in affluent marriages and underscores the role of the courts in adjudicating multimillion‑dollar disputes.
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