Chey Tae-won
South Korean businessperson (born 1960) From Wikipedia, the free encyclopedia
Chey Tae-won (Korean: 최태원; born December 3, 1960) is a South Korean billionaire businessman and the chairman of SK Group, the country's second largest conglomerate,[2] that includes 186 subsidiaries such as SK Telecom, SK Hynix, and SK Innovation. Chey has been the chairman of the Korea Chamber of Commerce and Industry (KCCI) since March 2021.[3]
Chey Tae-won | |
|---|---|
최태원 | |
.jpg) Chey in 2023 | |
| Born | 3 December 1960 Suwon, Gyeonggi Province, South Korea |
| Other names | Anthony Chey[1] |
| Education | Korea University (BS) |
| Occupation | Businessman |
| Years active | 1998–present |
| Title |
|
| Spouse | |
| Children | 4 |
| Father | Chey Jong-hyun |
| Korean name | |
| Hangul | 최태원 |
| Hanja | |
| Revised Romanization | Choe Tae-won |
| McCune–Reischauer | Ch'oe T'aewŏn |
Chey is among the richest people in South Korea. In December 2024, Forbes estimated his net worth at US$1 billion and ranked him 24th richest in the country.[4]
Early life
Chey was born on December 3, 1960, in Suwon, Gyeonggi Province, South Korea as the eldest son of Chey Jong-hyun, chairman of Sunkyung Group (now SK Group). Chey attended Korea University where he received a bachelor's degree in physics, and later studied for a PhD in economics at University of Chicago, US, but did not finish.[5][6][7] He joined SK Corp. as a manager, served as executive director of SK America, executive director of SK Corp. and vice president of SK Corp. After the death of Chey Jong-hyun, the former chairman, he took the post of SK chairman at the early age of 38 without a management dispute. It is reported that Chey Yoon-won, the son of founder Chey Jong-gun, appointed Chey Tae-won as the group leader, saying, "Tae-won is the best among our brothers."
Career
Summarize
Perspective
Chey has been chairman of the SK Group since 1998. Chey has held a number of leadership positions across SK's various operating companies.[8] He had been chairman of SK Innovation since 2011 and chairman of SK Hynix since 2012.[9] He has been chairman of SK Telecom since February 2022.[10] SK Group grew into South Korea's second largest corporate group during his tenure.[2]
In January 2012, Chey was indicted of embezzling over $40 million from SK companies to cover up his trading losses. He denies any wrongdoing.[11] In January 2013, Chey was found guilty, and was sentenced to 4 years in prison by the Seoul District Court.[12] He was incarcerated near Seoul until his pardon in August 2015.[13]
Chey has received a number of awards. This includes the "Global Leaders for Tomorrow" award from the World Economic Forum (1999); Co-chair, East Asia Economic Summit 2002 in Malaysia, World Economic Forum (2002); Member, Brookings International Advisory Council (IAC) (2010); Working Group Convener, G20 Business Summit (2010); and two-time President of the Korea Handball Federation (2008, 2016).[8]
In May 2022, Chey was appointed by the presidential transition team as the head of the civilian committee to support Busan's bid to host the World Expo in 2030.[14]
Personal life
Chey is married with Roh Soh-yeong, art director and daughter of former South Korea president Roh Tae-woo.[15] They have been separated since September 2011,[16] and in December 2015, he announced his intention to divorce.[17] In December 2022, the Seoul Family Court approved the divorce, and Chey kept most of his shares.[18] As part of the divorce, a court ordered Chey to pay $1 billion to his former wife.[19]
References
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