BEIJING — Divorce can take a toll. For the Chinese tycoon behind the gay dating app Grindr, that toll comes to $1.14 billion.

Zhou Yahui, a Chinese internet mogul and billionaire, will have to transfer nearly 300 million shares of his company to his wife, Li Qiong, according to a statement from the company.

The document does not say why, but China’s news media is widely abuzz with articles saying the two are getting a divorce.

That apparent split is the latest to show how divorces can have a significant impact on the commercial ventures of some of China’s wealthiest business leaders.