South Korea's Supreme Court has struck down a lower court's order for billionaire Chey Tae-won to pay his ex-wife a 1.38tn won ($1bn; £788m) settlement, in a case dubbed by local media as the "divorce of the century".

Citing a miscalculation that increased the value of the couple's assets, it has ordered the case to be reviewed.

The case has gripped South Korea as Mr Chey heads the powerful SK Group conglomerate while his ex-wife Roh So-young is the daughter of a former president.

The marriage unravelled in 2015 after Mr Chey admitted to fathering a child with his lover.

The 1.38 trillion won payout was decided by a court in the capital Seoul in 2024. It was considered the largest divorce settlement in South Korea's history at the time.