Park Jin-Young Faces Potential $3.5 Million Loss in Divorce

park jin-youngPark Jin-Young, KPOP artist and founder of JYP Entertainment, home to KPOP hit groups Wonder Girls, 2AM and 2PM, is facing the potential loss of $3.5 million in assets to his future ex-wife, Yoon Jeong-seo, according to KBS World.

In March 2009, he announced the divorce via his website, which has yet to be finalized. When Yoon filed for division of assets last July, the amount included the $1.5 million apartment that they had shared and a $2 million property, which serves as the home of JYP Entertainment. Both properties have been seized provisionally while they wait on the court's ruling to see who will end up with what. The couple parted after 16 years of being together, 10 years of it spent in marriage.

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