How SK Hynix's surge played a role in South Korea's $640M divorce settlement

Invezz
SK Hynix's AI-driven growth influenced a $640M South Korean divorce settlement between SK Group chairman Chey Tae-won and his ex-wife.

Summary

South Korea's largest divorce settlement, amounting to $640 million, involved SK Group chairman Chey Tae-won and his ex-wife Roh Soh-yeong. The ruling highlighted SK Hynix's role in the settlement due to its surge driven by global AI demand. The court valued assets as of April 2024, awarding Roh one-third of the marital estate, down from 35% in earlier rulings. Chey retained ownership of SK Group to avoid management disruption, though he may need to liquidate assets to cover the payment. The case underscores the intersection of personal wealth and corporate value in chaebol dynamics.

(Source:Invezz)

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