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SK Group Chairman Ordered to Pay $640 Million in Divorce Ruling

A South Korean court has ordered SK Group Chairman Chey Tae-won to pay 944 billion won—approximately $640 million—to his former wife, Roh Soh-yeong. The decision follows a Supreme Court reversal that forced a recalculation of marital funds, marking a pivotal moment for the conglomerate’s leadership and its equity structure.

SK Group Chairman Ordered to Pay $640 Million in Divorce Ruling

The ruling centers on the valuation of Chey’s 17.9% stake in SK Inc., which the court officially designated as marital property. By anchoring the valuation to April 2024, judges applied a precedent that recognizes the growth of these assets during the marriage. Ultimately, the court divided the estate at a ratio of one-third for Roh and two-thirds for Chey, a shift from previous appellate outcomes.

This litigation carries significant weight for investors tracking SK Hynix, the group’s critical semiconductor affiliate. As a primary supplier of high-bandwidth memory chips for Nvidia, the company has become a central player in the global AI supply chain. The finality of this settlement provides clarity for shareholders who have closely monitored how the divorce might impact Chey’s control over the firm during a period of rapid technological expansion.

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