Tech exec’s ex wins $640m divorce payout
South Korean tech mogul Chey Tae-won has made a lot of money selling memory chips, but yesterday might be a day he’d rather forget. A Seoul court ordered him to pay his ex-wife, Roh Soh-yeong, 944 billion won (~ $640 million )—a settlement in what’s known as the “divorce of the century.” Who is he? Chey is the chairman of SK Group, a massive conglomerate. Its SK Hynix affiliate, which recently made its US market debut , supplies chips to Nvidia. Chey is worth ~$5 billion and posts photos of himself with other tech titans under the AIM screen name Instagram handle “ papatonybear .” Who is she? Roh is the daughter of former South Korean President Roh Tae-woo, who was imprisoned after leaving office for accepting bribes and participating in a military coup. A settled affair? After decades of marriage, Chey publicly announced in 2015 that he was leaving Roh for a younger woman with whom he had a child. But during the decade of divorce proceedings that followed, the AI boom drove C...