forbes valuation

According to Forbes estimates, Chey Tae-won’s current net worth is $5.3 billion, making him South Korea’s ninth richest person. Chey’s personal fortune had grown significantly in the past year and a half, up from $1 billion at the start of 2025.

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How Has The Market Reacted To The Ruling?

SK Inc. shares fell 3.82% on Friday to $431.36 (KRW 630,000) after the court’s ruling. Chey is SK Inc.’s largest shareholder with a 17.9% stake in the holding company. Chipmaker SK Hynix’s Korea-listed shares also slumped on Friday, tanking 8.34% to $1,204.32 (KRW 1,759,000). The memory chipmaker’s Nasdaq-listed shares are down 4.00% in premarket trading.

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