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South Korea

South Korean court orders SK Group chairman to pay $644 million to ex-wife in divorce settlement

Friday, 24 July 2026, 06:14 · 1 min read

A Seoul appellate court has ordered Chey Tae-won, chairman of SK Group (one of South Korea's largest conglomerates), to pay 944 billion won ($644 million) in asset division to his former wife, Roh Soh-yeong, concluding a legal battle that began nearly a decade ago. The case stems from Chey's 2017 divorce filing after he admitted in 2015 to fathering a child with an extramarital partner; central disputes included whether his shares in SK Inc. constituted joint marital property or personal inherited assets. The ruling marks the latest chapter in a prolonged legal saga that previously reached the Supreme Court, which had struck down an earlier appellate award of approximately 1.38 trillion won before returning the case for review.

Sources
Yonhap(LEAD) SK Group chairman ordered to pay 944 bln won in asset division to ex-wife ↗︎Yonhap(URGENT) Court orders SK chairman Chey to pay 944 bln won in asset division to ex-wife ↗︎YonhapCourt set to rule on SK Group chief, ex-wife's high-stakes asset division case ↗︎
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