Billionaire South Korean businessman fights £134m divorce payout

Jump to contentAllNewsSportCultureLifestyleSK Group Chairman Chey Tae-won (Getty)SK Group Chairman Chey Tae-won is expected to accept £386 million of a £520 million property division ordered by a South Korean court following his high-profile divorce. The decision narrows the financial dispute with his former wife, Roh Soh-yeong, to approximately £134 million, which will now be determined by the Supreme Court. The Seoul High Court ruled that Chey must pay cash to Roh while retaining his controlling shares in SK Inc, South Korea's second-largest conglomerate. The high-stakes case has drawn significant investor attention due to the rising value of SK Group's semiconductor assets amid the global artificial intelligence boom. The couple married in 1988 and have three children, before Chey filed for divorce in 2017 after revealing he had a child with another partner. In fullBillionaire businessman to fight £134 million payout in ‘divorce of the century’More bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in

Raccontata dakoreatimes.co.krkoreaherald.comindependent.co.uk