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Chairman of South Korean tech giant SK ordered to pay $640 million in divorce case

Chairman of South Korean tech giant SK ordered to pay $640 million in divorce case

Summary

A South Korean court ordered SK Group Chairman Chey Tae-won to pay his ex-wife 944 billion won (about $640 million) in their divorce case. The payment amount was lowered from a previous ruling but still represents one of the largest divorce settlements in South Korea.

Key Facts

  • The Seoul High Court made the latest ruling on June 26, 2026.
  • Chey Tae-won is the chairman of SK Group, a major South Korean tech company.
  • His ex-wife, Roh So-yeong, is the daughter of former South Korean President Roh Tae-woo and an art museum director.
  • The court reduced the settlement from 1.38 trillion won ($940 million) to 944 billion won ($640 million).
  • Chey had previously been ordered to pay 2 billion won ($1.3 million) in alimony.
  • The case involved debates over whether past funds from Roh’s father counted as legal contributions to SK’s growth; the Supreme Court said they did not.
  • Chey and Roh married in 1988 and have three children; Chey filed for divorce in 2017 after revealing another relationship.
  • Chey’s assets grew recently due to a rise in SK Hynix shares, linked to demand in artificial intelligence technology.
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