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3 sources·Started 4d ago·Updated 2d ago
South Korean SK Group chief ordered to pay $644 million in divorce settlement
Chey Tae-wonRoh Soh-yeongSK GroupSK hynixRoh Tae-wooSeoul High CourtSupreme Court of South KoreaSK Inc.
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MICLIN
Coverage
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A South Korean court has ordered Chey Tae-won, chairman of SK Group, to pay 944 billion won ($644 million) to his ex-wife Roh Soh-yeong in one of the country's largest divorce settlements. Source: Milenio, Clarin, Infobae
The dispute
The central issue was whether Chey's shares in SK Inc. should be considered marital property. The Seoul High Court ruled that both spouses contributed to the growth of the assets during their marriage. Source: Milenio, Infobae The amount is lower than the 1.4 trillion won ($955 million) awarded in 2024, which was overturned by the Supreme Court in October. Source: Clarin, Infobae The Supreme Court had noted that funds possibly came from bribes to Roh's father, former President Roh Tae-woo, and should not be divided. Source: Clarin
The court valued the shares as of April 16, 2024, when they were around 160,000 won ($109) per share, rather than the 2026 peak of 815,000 won ($556) requested by Roh. Source: Milenio, Clarin, Infobae Roh received one-third of the divisible assets, Chey retained two-thirds. Source: Milenio, Clarin, Infobae
What's next
Chey's legal team is considering an appeal to the Supreme Court. Source: Milenio, Infobae The case began in 2017 after Chey admitted to an extramarital affair and had a child with another woman. Source: Milenio, Clarin
Story timeline · 1 earlier headline
- Chey Tae-won ordered to pay $644 million in divorce case2d ago · 4 sources
- South Korean SK Group chief ordered to pay $644 million in divorce settlementcurrent
Sources
5 quotesmilenio↗
“Un tribunal surcoreano ordenó este viernes a Chey Tae-won, jefe del Grupo SK, al que pertenece el fabricante de chips SK hynix, pagar 944 mil millones de wones (alrededor de 644 millones de dólares) a su exesposa, Roh Soh-yeong, por el reparto del patrimonio matrimonial tras su divorcio.”
clarin↗
“Este viernes, un tribunal surcoreano le ordenó a Chey Tae-won, jefe del Grupo SK, pagarle 644 millones de dólares (944.000 millones de wones) a su exesposa, Roh Soh-yeong, cerrando lo que se conoce como 'el divorcio del siglo' en Corea del Sur.”
infobae↗
“Un tribunal surcoreano ordenó este viernes a Chey Tae-won, jefe del Grupo SK, al que pertenece el fabricante de chips SK hynix, pagar 944.000 millones de wones (alrededor de 644 millones de dólares) a su exesposa, Roh Soh-yeong, por el reparto del patrimonio matrimonial tras su divorcio.”