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Business

Scions of corporate empires face cold reality of today's economy

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Cho Hyun-ah has become a symbol of overprivileged elites in South Korea.   © Kyodo

SEOUL -- That prosecutors here have gone to the length of seeking an arrest warrant for a Korean Air Lines executive after an outburst over macadamias reflects the public's harsh view of third-generation executives at family-run conglomerates.

     Before earning notoriety as the "nut queen" for her fit aboard a Korean Air flight, Cho Hyun-ah had been seen as relatively competent, compared with younger siblings, according to local media.

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