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South Korean AI billionaire faces $1 billion divorce payout after 'marriage of the century' crumbles amid affair with younger woman
New York Post • • business
Key Points:
- Chey Tae-won, chairman of South Korea’s SK Group, could be ordered to pay his ex-wife nearly $1 billion in their high-profile divorce case, dubbed South Korea’s “divorce of the century.”
- The dispute centers on how to value Chey’s fortune, which has surged due to SK Hynix’s stock price rising tenfold since early 2025 amid the AI-chip boom.
- Roh Soh-yeong, daughter of former President Roh Tae-woo, is demanding half of Chey’s assets at current market values, potentially loosening his control over the conglomerate.
- The case involves a complex mix of a love triangle, a child born out of wedlock, allegations of secret funds, and a battle over the origins of the SK fortune.
- A ruling on the property settlement is expected soon, with significant implications for one of South Korea’s largest technology empires.
