Chey Tae-won - Chairman of SK Group divorced the President's daughter because of a lover and a boring ending

The chairman of SK Group and the daughter of the former South Korean president had a divorce that lasted many years.

Top notch marriage registration

Marriage with people of the same "class" is not a strange thing in the tycoon world, especially a few decades ago. However, the marriage filled with the smell of money and combined power like between Chey Tae-won (born in 1960) and Roh So-young (born in 1961) still makes people admire.

The couple's wedding, held in 1988, has become the most popular topic of kimchi for a long time. At that time, the man was the "Kingdom of SK", the son of current Chairman Chey Jong-hyon, representing the wealthy business chaebol. The girl is the daughter of Roh Tae-woo, the former President of South Korea who served from 1988 to 1993.

Although it was a marriage between "chaebol hot boy" and "political girl", contrary to everyone's thoughts, Chey Tae-won and Roh So-young were not matched. This is not a political marriage but rooted in real love. The two had the opportunity to meet, get to know and fall in love like many other couples while studying abroad at the University of Chicago (USA).

Marriage is not a fairy tale

Massive marriage and sitting on the mountain of money and power, but unfortunately the perfect tycoon - political couple did not build a perfect marriage. Initially, under the effective support of his wife's family, SK Group was like a "tiger growing more wings" in the market and gaining influence. Unfortunately, the peaceful days did not last long because the career of the groom's family was constantly facing ups and downs.

In 1993, when his father-in-law had just finished his term, Chey Tae-woo was arrested for financial fraud and spent a short time in prison. In 1998, he "succeeded" the chairmanship of SK after the death of his father. The new President had to face a very long period of crisis, struggling because of a series of scandals. Chey Tae-woo is one of the group's presidents... the most jailed in Korea when he has been entangled in labor 3 times. In 2003, he was convicted of fraud of 1.5 trillion won and sentenced to 3 years in prison. In 2014, Chairman Chey served another time in prison for embezzlement of public funds.

According to Korean media, the family life between Chey Tae-won and Roh So-young was initially peaceful and happy, but gradually became cold after only a few years. The two were rumored to be incompatible. While President Chey is a gentle person who does not like to speak loudly, Lady Roh is too strong a woman, even prone to violence.

The couple has 3 children together: 2 daughters Chey Yoon-jung (born 1989), Chey Min-jung (born 1991) and son Chey In-keun (born 1995) - who is called "Thai" current SK" element. By 2011, the two were said to no longer live in the same house, but it all really ended and came to an end when "tieu tam" appeared.

Public affair

In 2015, President Chey announced that he intends to divorce his wife of more than two decades, but in a very shocking way. He went on the media to publicize his affection for "tieu tam", defended and defended his new woman. SK President also announced that he and his lover had a daughter of their own for a long time. There are even sources that this child is 9 years old.

This extremely "successful" third person is Kim Hee-Young or Chloe Kim - a Korean-American woman born in 1975. Before becoming a rich young wife, she had a husband and son of her own. With more beauty than people, Kim also participated in the Miss Korea contest.

For many years, Chloe Kim's identity was a public secret. In the SK group, she is called "Mrs. Hannamdong" because the Chairman bought a luxury villa in Hannamdong for "little tam" and often lives there more than at his wife's house. Kim also had her lover open a non-profit organization for herself to be the president. This organization is called T&C, which is said to be the initials of the two people.

At first, the former First Lady did not want a divorce, even knowing she had been betrayed for many years. She said she agreed to let her husband have an affair because "I finally agreed to let my husband pursue the happiness he so desperately craves". It took two years for her to decide to let go completely.

Billion dollar divorce battle

Although filed in 2017, Chey Tae-won and Roh So-young's divorce battle of the century didn't really begin until 2019. The government asked her to be divided 42.3% of her ex-husband's shares in SK group, equivalent to nearly half of his assets. The shares are worth about 1.3 trillion won (about 23 trillion VND). This is considered the most expensive divorce in Asia in recent decades.

Mr. Chey currently holds 18.29% of SK shares and Ms. Roh herself holds 7.73% of the group's shares. If she claims the right amount of property as desired, Roh So-young will be even richer than her ex-husband, who holds the 9th richest position in Korea.

One of the arguments made by Ms. Roh and her lawyer is that it was thanks to her and her family's influence that SK was able to flourish as it is today. The support of former President Roh Tae-woo has helped the corporation gain resources and develop branches.

Ms. Roh's request was strongly and vehemently opposed by President Chey. The dispute has pushed Chey Tae-won and his corporation to struggle for more than four years. When the incident broke out, the stock prices of SK's companies plummeted and his reputation was ruined. The divorce of the century is analyzed by experts as having a significant impact on SK's business situation.

In early April, the Court made a decision that Mr. Chey was not allowed to buy, sell and transfer his own shares until the lawsuit with his ex-wife was over. He has now lost control of his own stock. If the lawsuit is lost, Chairman SK will face a much more difficult scenario because it means that Ms. Roh So-young will become the largest shareholder, gain a lot of power and even possibly "taking the throne" of her ex-husband in the empire of the Chey family.

After 5 long years, the billion-dollar battle between the couple that was once considered the most competitive sport in Korea is still not over. The media and public opinion can only continue to wait for the tumultuous family of this tycoon to close the curtain.

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