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Court orders Smilegate founder to pay wife record 2.55 tln won in divorce

World 2 sources 2 countries 🔦 Under-reported 42m ago

A South Korean court has ordered Kwon Hyuk-bin, the founder of the video game company Smilegate, to pay his former wife 2.55 trillion won (approximately $1.87 billion) in a divorce settlement. The ruling, issued on Wednesday, marks the largest such settlement in South Korean history.

Kwon is recognized as one of the wealthiest individuals in South Korea, having established Smilegate as the country’s third-largest gaming firm. The court's decision concludes the legal proceedings regarding the division of assets between the couple.

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MyJoyOnline (Accra, Ghana) Highlights global financial scale and billionaire status
Read the full story at the source Yonhap English (Seoul, South Korea) · KR
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Covered by 2 sources