Seoul Court Orders Chey Tae-won to Pay $644 Million in Record Divorce Case
Updated
Updated · The New York Times · Jul 24
Seoul Court Orders Chey Tae-won to Pay $644 Million in Record Divorce Case
3 articles · Updated · The New York Times · Jul 24
Summary
944 billion won — about $644 million — was awarded to Roh Soh-yeong by a Seoul appeals court in one of South Korea’s largest divorce settlements.
The court said Chey Tae-won’s shares rose sharply during the marriage through his business activities, but Roh contributed through household management, child-rearing and external work tied to SK Group.
The payout fell well short of Roh’s original demand for nearly half of Chey’s fortune, which Forbes estimated at $5.3 billion, leaving her without a larger claim on wealth inflated by the AI boom.
Chey, chairman of SK Group and SK Hynix, still has one final week to appeal to the Supreme Court, so the yearslong dispute may not yet be over.