SK Group chairman ordered to pay $644M to ex-wife in divorce settlement

A South Korean appeals court on Friday ruled that SK Group Chairman Chey Tae-won must pay his former wife Roh Soh-yeong approximately 944 billion won, equivalent to around $644 million, in cash. The ruling comes as part of a lengthy divorce property dispute between the two. The court also upheld the position that Chey's shares in SK Group are considered marital assets. The decision marks a significant development in one of South Korea's most high-profile corporate divorce cases.