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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 ↗︎Yonhap — Court set to rule on SK Group chief, ex-wife's high-stakes asset division case ↗︎
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