Tech Titan Ordered to Pay Record Divorce Settlement; Flatiron Goes Luxury
By TopHolding Editorial · Tuesday, July 28, 2026 at 4:02 PM

A record $644 million divorce settlement for SK Group's chairman and a $58.5 million listing for the Flatiron Building top corporate news.
In a landmark ruling that has captivated South Korea, the chairman of SK Group, Chey Tae-won, has been ordered to pay his ex-wife $644 million in what is now the nation's largest-ever divorce settlement. The court’s decision follows a high-profile legal battle that provided a rare glimpse into the personal lives and wealth distribution within one of the country's most powerful 'chaebol' conglomerates.
Closer to home, New York City’s real estate market is watching the final stages of the Flatiron Building's transformation. The iconic landmark is transitioning into high-end luxury residences, with one of its most extravagant units priced at $58.5 million. The renovation marks a significant pivot for the Beaux-Arts building, moving from commercial office space to a trophy residential asset during a period of uncertainty for the Manhattan office market.
In the aviation sector, EasyJet is facing criticism after a refueling failure left passengers stranded on the tarmac for hours during the night. The incident, which one traveler described as a grueling ordeal that saw them returning home only at dawn, highlights ongoing logistical pressures facing European budget carriers. Additionally, Trump Media has announced a new revenue stream, launching a paid 'instant access' feed for influential, market-moving social posts targeting Wall Street traders.