SK Group Chairman Faces $640M Divorce Payout, Threatening Chaebol Control

A Seoul court ordered SK Group Chairman Chey Tae-won to pay 944 billion won ($640 million) to his ex-wife Roh Soh-yeong on July 24, 2026. Reduced from a 2024 judgment above $1 billion after a Supreme Court remand, the payout could strain Chey's controlling stake in SK Group — a chaebol whose family governance relies on cross-shareholdings. Whether he appeals remains unresolved.