Founder of Smilegate appeals divorce ruling
Kwon Hyuk-bin, the founder of video game company Smilegate, has appealed against a court ruling that ordered him to pay his wife 2.55 trillion won ($1.87 billion) in a divorce lawsuit, according to his lawyers Monday. The appeal came after the Seoul Family Court issued the ruling on Sept. 9, in what could be a record-high property division in the nation's divorce lawsuit. According to the…
Kwon Hyuk-bin, the creator of Smilegate, has challenged a court decision that mandated him to compensate his spouse 2.55 trillion won ($1.87 billion) in a divorce case, his legal team announced on Monday. The ruling was delivered by the Seoul Family Court on September 9, and could potentially be the largest property division in the country's history of divorce proceedings.
According to Kwon's attorneys, the founder is seeking opportunities to rejuvenate the marital union. Lee, Kwon's wife, filed for divorce in November 2022. The court mandated the payment, encompassing a 35 percent share in Smilegate, to Lee as part of the marital asset division. However, Kwon's lawyers argued that Lee's contribution to the marital assets was minimal.
Born in 1974, Kwon earned his degree from Sogang University's Department of Electronic Engineering in 1999 and married Lee in 2001. He established Smilegate the following year and took over as chairman of Smilegate Hope Studio, a public interest foundation, in 2012.
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- Founder of Smilegate appeals divorce ruling en.yna.co.kr
- Founder of Smilegate appeals divorce ruling koreatimes.co.kr
