{"id":11982,"date":"2026-07-25T01:38:46","date_gmt":"2026-07-25T01:38:46","guid":{"rendered":"https:\/\/stock999.top\/?p=11982"},"modified":"2026-07-25T01:38:46","modified_gmt":"2026-07-25T01:38:46","slug":"sk-group-chairman-ordered-to-pay-ex-wife-record-645m-in-divorce","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=11982","title":{"rendered":"SK Group chairman ordered to pay ex-wife record $645M in divorce"},"content":{"rendered":"

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A South Korean court ordered billionaire SK Group Chairman Chey Tae-won to pay his former wife more than $640 million in a divorce settlement that could force him to sell assets, borrow money or pledge shares as collateral.<\/p>\n

The Seoul High Court ruled Friday that Chey must pay Roh Soh-yeong 944 billion won (about $645 million), marking the largest divorce asset award in South Korean history. It’s been dubbed the so-called “divorce of the century.”<\/p>\n

The payout is substantially lower than the 1.38 trillion (about $935 million) won awarded by an appeals court in 2024, but the revised judgment has renewed investor scrutiny of Chey\u2019s holdings and how he could finance the payment.<\/p>\n

Chey Tae-won, the chairman of SK Group semiconductor and memory chip company SK Hynix. (Angelina Katsanis\/Reuters)<\/p>\n

Analysts said Chey may need to sell assets or borrow against his shares, though they do not expect the award to threaten his control of SK Group.<\/p>\n

RELATIONSHIP EXPERT CHALLENGES ONE OF AMERICA’S ASSUMPTIONS ABOUT DIVORCE<\/p>\n

Chey owns a 17.9% stake in SK Inc., the conglomerate\u2019s holding company, and has an estimated fortune of $5.4 billion, according to Forbes.<\/p>\n

The court ordered Chey to make the payment in cash rather than transfer stock, citing the importance of his shares to maintaining control of the conglomerate.<\/p>\n

Chey Tae-won, chairman of SK Group, center, and Kwak Noh-jung, president and chief executive officer of SK Hynix Inc., center left, and Koh Seung-beom, chairman of SK Hynix Inc., center right, ring the opening bell during the company’s initial public (Michael Nagle\/Bloomberg via Getty Images)<\/p>\n

Shares of SK Inc. closed 3.8% lower Friday, while SK Hynix fell 8.3% in Seoul trading following the ruling.<\/p>\n

SK Group\u2019s profile has risen sharply during the artificial intelligence boom through SK Hynix, a major supplier of high-bandwidth memory chips used with Nvidia\u2019s AI processors.<\/p>\n

Chey Tae-won, chairman of SK Group, in New York City. (Michael Nagle\/Bloomberg via Getty Images)<\/p>\n

Judges awarded Roh one-third of the couple\u2019s marital property after finding that she contributed to preserving and increasing the family\u2019s wealth during the marriage.<\/p>\n

The ruling followed a South Korean Supreme Court decision rejecting claims that alleged financial support from Roh\u2019s father, former President Roh Tae-woo, should be included in the asset calculation.<\/p>\n

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Either side may appeal the ruling, potentially sending the property-division dispute back to the Supreme Court.<\/p>\n

Reuters contributed to this report.<\/p>\n

#Group #chairman #ordered #pay #exwife #record #645M #divorce<\/p>\n","protected":false},"excerpt":{"rendered":"

Check out what’s clicking on FoxBusiness.com. A South Korean court ordered billionaire SK Group Chairman…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[17879,5084,11785,17878,385,10402,1426,847],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/11982"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11982"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/11982\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}