Key facts
- 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 ordered payment is equivalent to approximately $644 million.
An appellate court in South Korea has ordered SK Group Chairman Chey Tae-won to pay his former wife, Roh Soh-yeong, 944 billion won in asset division. The ruling represents a substantial financial settlement in their divorce case.
This decision follows a previous ruling where Chey Tae-won was ordered to pay 15 billion won in child support and alimony. The appellate court's decision significantly increases the amount Chey Tae-won must pay Roh Soh-yeong, marking it as a notable divorce settlement in South Korea.