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SK Group chief ordered to pay record $644M in divorce settlement

South Korea's SK Group chairman, Chey Tae-won, has been ordered by the Seoul High Court to pay his ex-wife, Roh Soh-yeong, approximately US$644 million in a record-setting divorce settlement. This ruling, if finalized, would represent the most expensive divorce in South Korean history. The case highlights the significant increase in Chey's net worth, largely driven by the success of SK Hynix in the booming AI chip market. AI

IMPACT The success of SK Hynix in the AI chip market significantly increased the financial stakes of this high-profile divorce settlement.

RANK_REASON A major financial settlement in a high-profile divorce case involving the head of a major South Korean conglomerate. [lever_c_demoted from significant: ic=1 ai=0.4]

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SK Group chief ordered to pay record $644M in divorce settlement

COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Bloomberg ·

    South Korea’s SK Group chief ordered to pay ex-wife US$644 million in record divorce case

    A ⁠South ⁠Korean court ⁠on Friday ordered SK Group Chairman Chey Tae-won to pay his former ‌wife Roh Soh-yeong 944 billion won (US$644 million) in a divorce-related property division case, lower than a previous 1.38 trillion won ⁠award that had drawn scrutiny of his stake in the …