Seoul High Court ordered SK Group chairman Chey Tae-won to pay 944 billion won, or $644 million, to his ex-wife Roh Soh-yeong in a reduced divorce settlement. The ruling follows a Supreme Court order to reconsider a 2024 decision that had set the payout at 1.38 trillion won, or $940 million. The court determined Roh was entitled to one-third of the couple's marital assets, citing her contributions through homemaking, childcare, and public-facing activities for SK Group. Chey's stake in the conglomerate, which includes AI chipmaker SK hynix, is now worth roughly $5.5 billion, and the court factored in the sharp rise in share value since the couple's separation. Either side may still appeal the decision to the Supreme Court.
SK Holdings Co LtdThe chairman's personal financial liability from the divorce settlement may pressure SK Holdings' governance or capital allocation, though the company itself is not directly liable.
SK Hynix Inc