South Korean Court Rules Against Tech Titan's Ex-Wife in AI Boom Divorce Case
In a significant ruling, the Seoul High Court has ordered Chey Tae-won, chairman of SK Group, to pay his ex-wife, Roh Soh-yeong, 944 billion won ($644 million) as part of their divorce settlement. This decision comes after a decade-long legal battle over the division of assets, particularly in light of the recent AI boom that has significantly increased the value of SK Group's subsidiary, SK Hynix. Roh, the daughter of former South Korean President Roh Tae-woo, had sought a larger share of Chey's wealth, arguing that her father's early investment contributed to the company's growth. However, the court ruled that the valuation of the shares should be based on the 2024 market value, prior to the AI-driven surge in stock prices. This ruling is less than a previous 2024 decision, which would have awarded her approximately $1 billion. 
