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South Korea Billionaire Businessman Chey Tae-won's Expensive Divorce Settlement With Soon-To-Be Former Wife Roh Soh-Yeong

Published Tue Dec 17 2019 By Bean
South Korea Billionaire Businessman Chey Tae-won's Expensive Divorce Settlement With Soon-To-Be Former Wife Roh Soh-Yeong

Chey Tae-won, a South Korean billionaire businessman has been on the verge of terminating his relationship since 2017.

The soon to be getting divorced couple, Chey Tae-won and wife Soh Yeong Roh, exchanged their marital vows in 1988 after meeting each other at the University of Chicago. 

Indeed, he and his wife were having quite a good time for years. The duo is blessed with three children, son Chey In-Keun and daughters Chey Yoon-Jung and Chey Min-Jeong. 

Though, in around 2016s, their relationship took a bitter turn. All was going well until Won sent a three pages letter to a local newspaper stating his extramarital affair. On the same note, he revealed that he had fathered a child outside of his marriage. 

The Family of SK HoldingsImage Source: The Korea Herald
The Family of SK Holdings

Image Source: The Korea Herald

In 2017, Yeong Roh filed for divorce against billionaire Chey Tae-won demanding 42.3% of her husband's stakes in SK Holdings. 

According to a source, the divorce settlement she is asking for is worth somewhere around $1.2 billion based in the present market.  

Moreover, if the court finalizes the divorce, Roh would possibly be the second-biggest shareholder of the company following her to be ex-husband Taw-won.  

One Of The Expensive Divorces If Not The Most Expensive

The most expensive divorce settlement of 2019, as well as of all time, is the divorce between Jeff Bezos and MacKenzie Bezos. In the most expensive divorce, MacKenzie got around $35 billion as the settlement instantly placing her on the list of wealthiest female billionaires.     

MacKenzie Bezos also pledged to give half of her settlement amount to the charity

Unlike, Bezos' divorce settlement, Chey Tae-won and Soh Yeong Roh's split-up will be placed on the expensive divorces list with around $1.2 billion if it is finalized. 

Reason Behind The Divorce

When interviewed about the divorce, Chey zipped his mouth. However, Roh claimed that she held out the topic for quite a time and hoped that their relationship would be okay one day. 

Chey Tae-won and Soh Yeong Roh's divorce will be placed on the expensive divorces list with around $1.2 billion if it is finalizedImage Source: The Korea Herald
Chey Tae-won and Soh Yeong Roh's divorce will be placed on the expensive divorces list with around $1.2 billion if it is finalized

Image Source: The Korea Herald

Lately, she took the matter to Facebook and wrote 

"But now I don't see hope anymore. I now think it's right to let my husband go find the happiness he wants so desperately."

Furthermore, she also added that she would be spending the rest of her life, contributing her money and herself to society. 

Who Are Chey Tae-won And Soh Yeong Roh?

Chey Tae-won is a South-Korean billionaire entrepreneur. He is the chairman of South Korea's third-largest conglomerate SK Group. The company is among the world's largest mobile carriers and oil refiner. He has a net worth of around $2.9 billion in 2019.  

Soh Yeong Roh is a South Korean art museum director and the daughter of the former president of South Korea. Well, after the divorce settlement, she will be a billionaire.