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[SITUATION] · [ACTIVE]

4 clusters · 70 sources · 42 days · First seen about 1 month ago · Last updated 1 day ago

Categories: BUSINESS

SK Group divorce settlement developments

Entities: Roh Soh-yeong · SK Group · Roh Tae-woo · SK Hynix · Chey Tae-won

Overview

South Korea’s Seoul High Court issued its final judgment on 23 July 2026 in the divorce of SK Group chairman Chey Tae‑won and former art‑center director Roh Soh‑yeong, often dubbed the “divorce of the century”. The court set the property‑division award at 944 billion won (about US $644 million), roughly one‑third of the couple’s marital assets, reducing the earlier 2024 award of 1.38 trillion won. Valuation of Chey’s SK Group shares used market prices from the end of the 2024 appellate hearing; a 30‑billion‑won fund alleged to have come from Roh’s father was excluded as illegal slush‑funds. The ruling ordered payment in cash rather than a share transfer.

The decision triggered a sell‑off in SK‑related equities, with SK Inc falling 3.8 % and SK Hynix down 8.3 % on 25 July. Analysts noted the settlement could force Chey to liquidate assets or use shares as collateral, though his control of the conglomerate is not expected to be jeopardised. Chey’s lawyers said they are reviewing the judgment and may pursue further appeal.

Roh Soh‑yeong is the daughter of former South Korean president Roh Tae‑woo, adding a political dimension to the high‑profile case. The ruling follows a Supreme Court review that rejected the inclusion of alleged slush‑fund contributions from Roh Tae‑woo in the asset pool. SK Hynix, the flagship semiconductor subsidiary, saw its market value exceed $1 trillion amid an AI boom, underscoring the magnitude of the wealth at stake.

Claims

What the coverage asserts, and how well corroborated each claim is across sources.

[● 17 SOURCES] The Seoul High Court ordered Chey Tae-won to pay Roh Soh-yeong 944 billion won (≈$644 million). (court order)
[● 17 SOURCES] The amount is lower than the earlier 2024 award of 1.38 trillion won. (court decision comparison)
[● 17 SOURCES] The court divided the marital assets, awarding Roh one‑third and Chey two‑thirds. (court ruling)
[● 17 SOURCES] Chey Tae-won is the chairman of SK Group, which includes the semiconductor subsidiary SK Hynix. (company leadership)
[● 17 SOURCES] The case has been widely dubbed the “divorce of the century.” (media label)
[● 16 SOURCES] Roh Soh-yeong is the daughter of former South Korean President Roh Tae-woo. (biographical fact)
[● 10 SOURCES] SK Hynix’s market valuation exceeded $1 trillion amid the artificial‑intelligence boom. (market data)
[● 5 SOURCES] Chey may need to raise cash, take loans, or sell assets to meet the settlement. (analyst commentary)

Timeline

1 day ago

[BUSINESS] 19 sources
South Korean Tycoon Chey Tae-won Ordered to Pay $644 Million in Divorce Settlement
Seoul high court orders SK Group chair Chey Tae‑won to pay ex‑wife Roh Soh‑yeong 944 billion won (≈$644 M), a reduced share of their marital assets, sparking funding and market concerns.
4 days ago

[BUSINESS] 50 sources
SK Group Chairman Chey Tae-won ordered to pay $644 million in South Korea's 'divorce of the century
South Korean court ordered SK Group chairman Chey Tae-won to pay about $644 million to ex‑wife Roh Soh‑yeong, cutting the earlier $1.4 trillion award in the high‑profile ‘divorce of the century’ case.
about 1 month ago

[BUSINESS] 2 sources
SK Group chairman Chey Tae-won faces court ruling on massive divorce asset split
Seoul High Court set a July 24 verdict on SK Group chair Chey Tae-won's divorce, where a potential asset split could top 1 trillion won, pending ruling on whether his SK shares are marital property.
about 1 month ago

[BUSINESS] 4 sources
Choi Tae‑won and No So‑young attend second hearing on SK stock division
Choi Tae‑won and No So‑young attended a May 15 court hearing to negotiate the division of SK Group shares, the pivotal dispute in their divorce settlement.

Sources

36kr.com · abc17news.com · abcnews.al · aeiou.pt · bisnis.liputan6.com · biz.heraldcorp.com · boredpanda.com · bors-nliv.svd.se · bpmoney.com.br · br.paipee.com · bursahakimiyet.com.tr · cafebiz.vn · cursorinfo.co.il · danas.rs · diariopanorama.com · dongeradeel.nl · e-thessalia.gr · faz.de · finance.technews.tw · finansgundem.com · h1.com.hk · ibtimes.com · indiaweekly.biz · inews.id · infokosova.net · infomoney.com.br · ithome.com · kahawatungu.com · kesq.com · kinderopvangcentrum.nl · koreaherald.com · m.adevarul.ro · m.imaeil.com · m.kenh14.vn · mediabites.com.pk · moneytimes.com.br · neofeed.com.br · news.donga.com · news.m.pchome.com.tw · newsbomb.gr · newsbytesapp.com · nypost.com · origemdascoisas.com.br · philnews.ph · portalanalitika.me · protathlima.com · pulptastic.com · ropeahead.com

This summary has been updated 1 time: see revision history