HomeAll NewsEducationTV
Equities & FundsCrypto & Digital AssetsAI & TechnologyBusiness & CorporateUS Politics & PolicyGeopolitics & Global RiskMacro, Rates & FXCommodities & EnergyEuropean Politics & MarketsAsia-PacificReal Estate & Property
Story archiveAll categories
← All Stories

SK Group chairman ordered to pay ex-wife $644 million in asset division

Created at 24 Jul · 5:21 AM1 source↑ Market-relevant
IN SHORT

An appellate court ordered SK Group Chairman Chey Tae-won to pay 944 billion won (US$644 million) in asset division to his former wife, Roh Soh-yeong. The ruling follows the Supreme Court's decision to send the case back for review.

✉Newsletter

PiQ Daily

Pick your topics. Get only what matters, on your cadence.

Key Numbers

944 billion wonasset division payment ordered
US$644 millionasset division payment in USD
2 billion wonalimony payment ordered

Who's Involved

Chey Tae-won
SK Group Chairman ordered to pay asset division and alimony
Roh Soh-yeong
Former wife of SK Group Chairman, recipient of asset division and alimony
Seoul High Court
Appellate court that issued the asset division ruling
Supreme Court
Court that sent the case back for review and finalized divorce details
SK Group chairman ordered to pay ex-wife $644 million in asset division

↳ Why This Matters

This significant financial settlement in a high-profile divorce case highlights the substantial assets involved and the legal complexities surrounding marital asset division in South Korea.

Key facts

  • An appellate court ordered SK Group Chairman Chey Tae-won to pay 944 billion won (US$644 million) in asset division to his former wife, Roh Soh-yeong.
  • The Seoul High Court issued the ruling on Friday.
  • The case stems from the divorce between Chey and Roh.
  • The Supreme Court had previously sent the case back for review.
  • The Supreme Court also finalized Chey's alimony payment of 2 billion won to Roh.

    • An appellate court has ordered SK Group Chairman Chey Tae-won to pay 944 billion won (US$644 million) in asset division to his former wife, Roh Soh-yeong. The Seoul High Court delivered the verdict on Friday, in a case that has drawn significant public attention.

    This ruling follows a decision by the Supreme Court in October to send the case back to a lower court for further review. The Supreme Court had previously finalized the divorce between Chey and Roh, and also ordered Chey to pay 2 billion won in alimony to Roh.

    The composite photo shows Chey Tae-won and Roh Soh-yeong arriving at the court complex in southern Seoul for their asset division trial.

    Frequently asked questions

    The Seoul High Court ordered SK Group Chairman Chey Tae-won to pay 944 billion won, equivalent to US$644 million, in asset division to his former wife, Roh Soh-yeong.

    The Supreme Court sent the asset division case back to a lower court for review and also finalized the divorce and Chey's alimony payment of 2 billion won to Roh.

    The main parties are Chey Tae-won, the chairman of SK Group, and his former wife, Roh Soh-yeong.

    Get the newsletter.

    Pick the topics you actually care about. We'll email when there's news worth your time, on the cadence you choose. Cancel any time from your account.

    Cadence

    How It Developed

    An appellate court ordered SK Group Chairman Chey Tae-won to pay 944 billion won in asset division to his former wife, Roh Soh-yeong.
    The Seoul High Court handed down the verdict following the Supreme Court's decision to send the case back for review.
    The Supreme Court finalized the divorce and Chey's alimony payment of 2 billion won to Roh.
    Sponsored

    London Quick Take - 22 July - UK inflation softens, oil rises and chips rally ahead of Alphabet, Tesla earnings

    SAXO

    Sources

    T1
    SK Group chairman ordered to pay 944 bln won in asset division to ex-wifeYonhap News Agency

    Related Stories

    South Korea, U.S. launch shipbuilding center to boost American industry
    23 Jul · 8:11 PM
    US keeps South Korea on FX policy monitoring list
    23 Jul · 8:06 PM
    Hyundai profit falls 21% on tariffs, supply chain issues
    23 Jul · 9:51 AM
    Volkswagen Cuts 2026 Sales Forecast After Q2 Profit Slump
    24 Jul · 5:43 AM
    Judge pauses Paramount-Warner Bros deal through August 17
    23 Jul · 9:26 PM