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South Korean court orders SK Group chairman Chey Tae-won to pay ex-wife 944 billion won in divorce asset ruling

Friday, July 24, 2026Business & MarketsWell-covered5 frames

How left and right are reading this

Both agree
The unresolved issue is not the divorce but how far a court can treat Chey’s SK-linked holdings as marital property in dividing assets.
They split on
Whether the story is about wealth and power being fully counted in a marriage, or about courts keeping private asset disputes from reaching too far into corporate control.

The Facts

  • A South Korean court ordered SK Group Chairman Chey Tae-won to pay his former wife, Roh Soh-yeong, 944 billion won, or about $644 million, in their divorce asset settlement case.
  • The new award is lower than the 1.38 trillion won settlement that had been ordered in 2024.
  • The Supreme Court had sent part of the earlier ruling back for reconsideration, leading to the latest decision on the amount of the asset division.
  • The divorce itself had already been finalized, and the remaining dispute was over how much Chey should pay in the division of assets.
  • The case has focused in part on whether Chey’s holdings in SK Inc. should be treated as marital property subject to division.
  • The ruling has drawn attention beyond the couple because it involves the chairman of South Korea’s second-largest conglomerate and his stake in SK Group, whose chip affiliate SK Hynix has become more prominent during the AI boom.
  • Chey’s lawyers said they were reviewing whether to appeal the latest ruling, so the asset settlement was not necessarily final.
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Context

Why did this case attract so much public attention?

The case involves Chey Tae-won, chairman of SK Group, one of South Korea’s biggest conglomerates, and Roh Soh-yeong, the daughter of former President Roh Tae-woo. Coverage also linked the dispute to the value of Chey’s stake in SK and the rising profile of SK Hynix during the AI boom Reuters,Reuters,BBC.

What part of the divorce was still being decided?

According to multiple reports, the divorce itself and 2 billion won in damages had already been finalized. The unresolved issue was the amount of the property division Chey owed Roh Reuters,Reuters,Independent.

Is the 944 billion won payment final?

Not necessarily. BBC reported that the award still needed to be finalized, and Forbes and BBC both said Chey’s lawyers were examining whether to appeal BBC,Forbes.

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Wire services (4)

APThe TelegraphAI tycoon ordered to pay £480m in South Korea's divorce of t...
APYahooChairman of South Korean tech giant SK ordered to pay $640 m...
ReutersReutersSouth Korean court orders SK Chairman Chey to pay $640 mln t...
ReutersReutersAI boom raises stakes ahead of South Korea court ruling on S...

Independent coverage (50)

EL IMPARCIAL | Noticias de México y el mundoMás de 11 mil 200 millones de pesos deberá pagar el magnate ...
Morning BrewTech exec's ex wins $640m divorce payout
Otago Daily Times Online NewsTech titan ordered to pay wife more than $1bn in divorce set...
RT en Español'Divorcio del siglo': un magnate pagará suma exorbitante por...
ClarinEl multimillonario que confesó una infidelidad en una carta ...
The Star Record divorce bill slashed
www.donga.comSK chairman loses divorce asset appeal
International Business TimesA South Korean Tech Titan Left His Wife. A Massive Divorce B...
O TEMPOAcordo de divórcio obriga presidente do grupo SK a pagar R$ ...
Yahoo!¿Quien es el empresario que va a tener que pagar US$ 645 mil...
Klix.baSud u Južnoj Koreji smanjio iznos: Šef giganta SK Group bivš...
The Daily BeastLegendary Director of 'The Mask' Dead at 74
InfoMoneyMagnata sul-coreano da SK Hynix pagará R$ 3,5 bilhões em aco...
ЛадаИзмена обошлась миллиардеру в 640 миллионов долларов: в Южно...
The Times of IndiaSK Group chairman Chey Tae-won ordered to pay ex-wife Roh So...
Business StandardSK Group chairman Chey Tae-won ordered to pay $640 million i...
ExpansiónEl presidente de SK Hynix pagará 562 millones a su exmujer e...
The Financial Express'Divorce of the century': $644 million payout ordered for SK...
CorreioEm 'divórcio do século', bilionário da tecnologia é condenad...
Anadolu AjansıЮжнокорейский бизнесмен выплатит бывшей жене около 644 млн д...
Yahoo!"El divorcio del siglo": el magnate de Corea del Sur que deb...
ФОКУСРазвод века: корейский магнат должен выплатить своей бывшей ...
CNN InternationalTech titan's ex-wife fails to win greater share of AI boom
BFMTVLe divorce le plus cher de l'histoire: un milliardaire de la...
ExameEle pediu divórcio, a fortuna dobrou por causa da IA, e agor...
Acento'El divorcio del siglo': el magnate de Corea del Sur que deb...
AmbitoCorea del Sur: presidente de un gigante tecnológico deberá p...
New York PostAI billionaire who left wife for younger lover ordered to pa...
Anadolu AjansıSouth Korean court orders business tycoon to pay $644 millio...
Le MatinDivorce du siècle: Chey Tae-won versera 526 millions à son e...
TürkiyeGüney Kore'de yüzyılın boşanması: Milyarderin eşine ödeyeceğ...
Exame'Divórcio do século': bilionário da tecnologia terá de pagar...
Yahoo! FinanceAI tycoon ordered to pay £480m in South Korea's divorce of t...
The StarTech titan ordered to pay ex-wife $644m in divorce settlemen...
24heuresLe "divorce du siècle" en Corée du Sud se solde par plus de ...
En Son HaberGüney Koreli iş insanı, boşandığı eşine yaklaşık 644 milyon ...
TRT haberGüney Koreli iş insanı, boşandığı eşine yaklaşık 644 milyon ...
slobodna-bosna.ba'RAZVOD VIJEKA': Tajkun supruzi mora platiti 644 miliona dol...
O Globo'Divórcio do século': bilionário da tecnologia é condenado a...
NewserS. Korea's 'Divorce of the Century' Ends in $645M Payout
HaberlerGüney Kore'de 'yüzyılın boşanması': 644 milyon dolar tazmina...
LeadershipSouth Korean AI Billionaire Faces $1bn Divorce Settlement Ov...
Paris MatchEn Corée du Sud, " le divorce du siècle " va coûter 566 mill...
Express & StarChairman of South Korean tech giant ordered to pay ex-wife £...
TRT WorldMatrimonial cache reset: Court orders SK Hynix maker to pay ...
The Business TimesSK Hynix tycoon ordered to pay US$643 million divorce settle...
HaberlerYasak aşkını gazeteden duyurmuştu! Ödeyeceği tazminat ülke t...
Saudi GazetteKorean court orders tech titan to pay ex-wife $640 million i...
The IndependentBillionaire ordered to pay ex-wife £480 million in 'divorce ...
Jutarnji list'Razvod stoljeća': Tajkun supruzi mora platiti 644 milijuna ...
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