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    Chey Tae-won ordered to pay $645 million in landmark divorce settlement

    Section editor: ·Low3 articles covering this·3 news sources·Updated 2 months ago·World
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    Chey Tae-won and Roh Soh-yeong during their divorce proceedings

    What happened

    Chey Tae-won, chairman of SK Group, has been ordered to pay his ex-wife Roh Soh-yeong $645 million in a divorce settlement. This ruling, finalized on July 24, 2026, marks one of the largest divorce settlements in South Korean history. The case has been ongoing for over a decade, drawing significant media attention due to its dramatic elements.

    The substantial settlement amount underscores Chey Tae-won's status as a billionaire in the tech sector. The divorce has been dubbed South Korea's "Divorce of the Century," further emphasizing its high-profile nature.

    The Context

    The divorce settlement has become a focal point in South Korea, reflecting broader societal issues related to wealth and power dynamics. As the chairman of one of the country's largest companies, Chey Tae-won's financial stakes in the case are considerable. The public's fascination with the case is reminiscent of a K-drama, highlighting the intersection of personal relationships and corporate power.

    This landmark ruling comes at a time when discussions about wealth distribution are increasingly relevant. The outcome may set precedents for how future divorce settlements are handled, particularly among high-net-worth individuals.

    Takeaway

    As the dust settles on this high-profile case, it may influence future divorce settlements involving affluent individuals in South Korea. Observers will be watching for potential appeals or further legal actions from either party. Public reactions and discussions surrounding wealth distribution in divorce cases are likely to continue, shaping societal perceptions of wealth and power.

    The implications of this case extend beyond the individuals involved, potentially affecting how similar cases are approached in the future, particularly in terms of asset division and public scrutiny.

    3 Articles
    The Wall Street Journal

    Ex-Wife in South Korea’s ‘Divorce of the Century’ Awarded $645 Million

    In a landmark ruling, Roh Soh-yeong has been awarded $645 million in her divorce from AI-tech mogul Chey Tae-won, a case that has been characterized as the 'divorce of the century' in South Korea. The lengthy legal battle has captured public attentio...

    2 months ago
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    Forbes

    SK Hynix Billionaire Must Pay $645 Million Divorce Settlement—Korea’s Largest Ever

    SK Hynix billionaire Chey Tae-won has been ordered to pay a $645 million divorce settlement, marking the largest such settlement in South Korea's history. The court ruled that Chey had a valid claim to a portion of his SK Inc. shares, which are integ...

    2 months ago
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    BBC News

    Tech titan ordered to pay ex-wife $644m in divorce settlement

    A South Korean tech titan has been ordered to pay his ex-wife $644 million in a divorce settlement, a case that has captivated the nation and been labeled as the 'divorce of the century.' The ruling follows a lengthy legal battle that highlights the ...

    2 months ago
    Read Full Article
    BBC News

    Tech titan ordered to pay ex-wife $644m in divorce settlement

    A South Korean tech titan has been ordered to pay his ex-wife $644 million in a divorce settlement, a case that has captivated the nation and been labeled as the 'divorce of the century.' The ruling follows a lengthy legal battle that highlights the ...

    2 months ago
    Read Full Article