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South Korea A.I. Billionaire Ordered to Pay More Than Half a Billion Dollars in ‘Divorce of the Century’

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South Korea A.I. Billionaire Ordered to Pay More Than Half a Billion Dollars in ‘Divorce of the Century’
Image · New York Times World

What the report says

The New York Times World reported that a South Korean court has ordered Chey Tae-won, the billionaire leader of the conglomerate associated with SK Hynix, to pay $644 million to his former wife, Roh Soh-yeong, in a high-profile divorce case. The ruling gives Roh a very large settlement, though the Times reported she had asked the court for a larger amount.

The case has drawn intense attention in South Korea because of Chey’s role at the top of one of the country’s most important business groups and SK Hynix’s central place in the global semiconductor supply chain. SK Hynix is widely known as a major producer of memory chips, including products used in artificial intelligence infrastructure, giving the private divorce dispute broader public interest.

According to the Times snippet, the decision centers on the financial division between Chey and Roh after their marriage ended. The available source text does not provide the court’s full reasoning, the exact date of the ruling, whether either side plans to appeal, or how the award will be paid.

The matter matters beyond celebrity and family law because South Korea’s largest conglomerates are often closely watched for questions of wealth, succession and corporate control. Based on the information available from the Times, however, the immediate development is the court’s award to Roh and its scale: more than half a billion dollars in one of the country’s most closely followed divorce proceedings.

Read the full report at New York Times World →

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