SK Chairman Chey Tae-Won Ordered to Pay 944 Billion Won Divorce Settlement

MT Newswires Live
Jul 24

A South Korean court has ordered SK Group chairman Chey Tae-won to pay his ex-wife 944 billion won (about $643 million) in a divorce property settlement, a ruling that brings the long-running case closer to conclusion. If upheld, the award would be the largest divorce settlement in South Korean history.

Bloomberg Billionaires Index estimates Chey’s net worth at roughly $5.6 billion, more than double over the past year amid an AI-driven surge in his wealth. The court has not specified whether the payment will be made in cash or shares.

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