SK Group chairman ordered to pay ex-wife $644 million in divorce case
The Seoul High Court ruled that SK Group chairman Chey Tae Won must pay his ex-wife Roh Soh Yeong 944 billion won (around 644 million USD) in their prolonged divorce case. The court rejected Roh's claim to include funds from her father's illicit contributions and set the valuation date before the AI-driven surge in stock prices, specifically in April 2024. Roh will receive one-third of the assets while Chey retains two-thirds. Their split, beginning publicly in 2015 and dubbed the “divorce of the century,” reflects legal complexities amid rising tech valuations.
Key facts
- Seoul High Court rules Chey Tae Won to pay 944 billion won to ex-wife Roh Soh Yeong
- Court rejects including funds from Roh's father's illicit contributions
- Asset split set at one-third to Roh, two-thirds to Chey ahead of AI stock surge
Why it matters
The ruling in this high-profile divorce trial reflects the intersection of family law and fluctuating tech asset valuations amid an AI-driven market boom. International investors and observers can see how legal frameworks accommodate complex asset divisions during periods of rapid technological growth, with implications for corporate governance and wealth distribution in South Korea's flagship conglomerates.
Source and method
This brief was written by Daily Vietnam's editing desk from a report published by ZNews, using AI assistance and a fixed editorial structure. It contains only facts established by that report and adds nothing from outside it. It is a summary for readers who do not read Vietnamese, not a replacement for the original. All reporting credit belongs to ZNews.
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