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SK Group chairman ordered to pay ex-wife 944bn won in high-profile divorce ruling, spotlighting corporate leadership and legal precedent.
The chairman of SK Group was ordered by a South Korean court to pay his ex-wife 944bn won after a long-running divorce dispute, the court ruling said.
The decision, which is subject to finalisation, lowers a previous 2024 award of 1.38tn won. The couple had been married for 35 years before their separation sparked by revelations that the chairman fathered a child with another woman.
During earlier proceedings, the court found that the chairman received 30bn won from a slush fund linked to the ex-wife’s father, former president Roh Tae-woo. The Supreme Court later overturned part of that verdict, ruling that illegally obtained slush funds could not be counted among the couple’s shared assets.
SK Group is a major South Korean chaebol and owns SK Hynix, the semiconductor company that has driven the group’s recent prominence. The group and its chairman have been publicly noted during a national AI investment announcement, and SK Hynix completed a large New York share offering.
The ruling adjusts the financial settlement in a case that previously included a larger award based on alleged transfers from a former president’s slush fund; the Supreme Court decision altered how those funds were treated in asset division. Public statements from the chairman’s legal team expressed regret and indicated a detailed response would follow after review of the ruling.