South China Morning Post5h agoSource

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

The News

A South Korean court, the Seoul High Court, ordered SK Group Chairman Chey Tae-won to pay his ex-wife Roh Soh-yeong 944 billion won (US$644 million) in a divorce property division case. This amount is lower than a previous award of 1.38 trillion won, which had drawn scrutiny of Chey's stake in SK Group's holding company. If finalized, the ruling would be the most expensive divorce in South Korea's history. Chey is worth approximately US$5.6 billion, according to the Bloomberg Billionaires Index.

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The Analysis

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Why it matters

Largest divorce settlement in South Korea.

Evidence

Chey Tae-won is worth about US$5.6 billion according to the Bloomberg Billionaires Index.

Uncertainty

2 claims still need verification.

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Key findings

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Unconfirmed

If finalized, the ruling would be South Korea's most expensive divorce ever.

Prediction
Future outcome — tracking for resolution
Socialscore: 55
  • Record settlement underscores the financial stakes in high-net-worth divorces.
  • Raises questions about gender equality in household contributions and asset division.

Plain English

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 group’s holding company.

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What's next

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Claims

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Unconfirmed

If finalized, the ruling would be South Korea's most expensive divorce ever.

Prediction
Future outcome — tracking for resolution
Unconfirmed

Chey Tae-won is worth about US$5.6 billion according to the Bloomberg Billionaires Index.

South China Morning Post
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