Samsung Heiress Ordered To Pay $7.6m To Estranged Husband In Divorce Ruling

A Seoul court on Thursday ordered Samsung Group heiress Lee Boo-jin to provide assets of 8.6 billion won ($7.64 million) to her estranged husband in a divorce ruling.

A spokeswoman for the Seoul family court told Reuters, that the 46-year-old chief executive of Hotel Shilla and daughter of ailing Samsung Group patriarch Lee Kun-hee, received sole custody of their son in the ruling,
If appealed within two weeks, however, the ruling is not final, the spokeswoman added.

In late 2014, Lee filed for divorce and custody of their child from Im Woo-jae, 48, who was dubbed “Mr. Cinderella” by media for his humble background before marrying Lee in 1999.

Im, ex-employee of a Samsung affiliate is said to have also filed his own suit seeking 1.2 trillion won ($1.1 billion) from Lee through a division of assets.

According to South Korea’s Yonhap News Agency, one of his lawyers said they would appeal against Thursday’s ruling.

Previous reports by South Korean media indicated that the pair who both met at a volunteering event, had to overcome opposition from both families in order to marry.

Earlier this year, Forbes estimates Lee’s net worth at $2 billion, chiefly from the market value of her stake of 5.5 percent in Samsung’s de-facto holding company, Samsung C&T Corp.

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