Chey Tae-won

January 19, 2024
Businessman

Quick Facts

Chey Tae-won
Full Name Chey Tae-won
Date Of Birth Dec 3, 1960(1960-12-03)
Age 64
Birthplace Suwon
Country South Korea
Birth City Gyeonggi Province
Horoscope Sagittarius

Chey Tae-won Biography

Birthday Dec 3
Birth Year 1960

Chey Tae-won is one of the most popular and richest Businessman who was born on December 3, 1960 in Suwon, Gyeonggi Province, South Korea.

In January 2012, Chey was indicted of embezzling over $40 million from SK companies to cover up trading losses. However, he denies any wrongdoing. In January 2013, Chey was found guilty of embezzlement and was sentenced to 4 years in prison by the Seoul District Court. SK Corporation expressed their desire to file an appeal. He was pardoned by President Park Geun-hye in August 2015.

Chey is the chairman of South Korean chaebol (conglomerate) SK Group. He attended Korea University and University of Chicago as an undergraduate and met his wife in Chicago, the daughter of former South Korea president, Roh Tae-woo. The Chey family has deep ties with the University of Chicago as Chey’s father, the founder of the group, as well as his wife and eldest daughter all attended. He is married, has three children, and was incarcerated near Seoul until his pardon in August 2015. They have been separated since September 2011. In December 2015 he announced his intention to divorce.

Chey Tae-won (born 3 December, 1960) is a South Korea billionaire businessman. He is the chairman of SK Group, Korea’s third largest chaebol (conglomerate), that mainly engages in the provision of semiconductors, oil, telecommunication services, chemical, etc. He is well known for the group’s Hynix merger deal, which eventually becomes the world’s third largest chip maker followed by Samsung Electronics and Intel. SK Group recorded revenue and profit of $ 213.6 and $ 23.8 billion respectively. As of 2019, he is the 8th richest man in South Korea with net worth of $ 3.2 billion. Most of his fortune is came from SK Holdings, the holding company of SK Group.

Chey Tae-won Net Worth

Net Worth 2.8 billion USD (2020)
Source Of Income Businessman
House Living in own house.

Net Worth: Chey Tae-won’s present net worth is reported to be 2.8 billion USD as of 2020, owing the majority of this wealth to being the chairman of SK Group. The group, which primarily deals with energy, chemicals, telecommunication, semiconductor, and biopharmaceutical businesses, has 186 subsidiaries including SK Telecom, SK Hynix, and SK Innovation. Compared to other high-ranking corporate figures in South Korea, Chey ranks as the 14th wealthiest individual in the country.

Career and Financial Growth: Over three decades, Chey’s career propelled a series of financial milestones: from his early role as a manager in SK Corp., to serving as an executive director, and ultimately claiming presidency of the group. His leadership amplified the group’s growth, transforming it into South Korea’s second-largest corporate group. His pivotal role in SK Hynix’s mega-merger deal has further enhanced this trajectory. Thus, his active involvement in the company’s business ventures and investments has been crucial to his wealth accumulation.

Source of net worth: Chey Tae-won’s principal wealth springs from his tenure as the chairman of SK Group, a multinational conglomerate corporation. His key acquisitions, the multiple expansions in distinct industries, and subsequent successful business ventures in telecommunications and semiconductors have been instrumental in achieving this net worth. Sponsorship and endorsement data pertaining to Chey is limited, suggesting his wealth is primarily derived from his business activities.

Personal Projects and Ventures: Details regarding Chey’s personal projects and ventures outside his extensive business enterprise are scarce. His active role as the Chairman of the Korea Chamber of Commerce and Industry sets a precedent for his extraprofessional engagements.

Philanthropy: Although specific philanthropic efforts haven’t been detailed, Chey is an advocate for creating social and economic values. His philosophy focuses on augmenting the happiness of shareholders, customers, business partners, and employees. Chey’s dedication to corporate social value creation signifies his inclination towards philanthropic efforts.

Recent Developments: A recent development for Chey includes his appointment as the head of a civilian committee in May 2022 to support Busan’s bid for hosting the World Expo in 2030. Chey’s business prowess, coupled with rising global economic trends, is anticipated to impact his future net worth positively.

Height, Weight & Body Measurements

Chey Tae-won height Not available right now. Chey weight Not Known & body measurements will update soon.

Who is Chey Tae-won Dating?

According to our records, Chey Tae-won married to Soh Yeong Roh. As of January 13, 2024, Chey Tae-won’s is not dating anyone.

Relationships Record : We have no records of past relationships for Chey Tae-won. You may help us to build the dating records for Chey Tae-won!

Facts & Trivia

Chey Ranked on the list of most popular Businessman. Also ranked in the elit list of famous people born in South Korea. Chey Tae-won celebrates birthday on December 3 of every year.

Top Facts about Chey Tae-won

  1. Chey Tae-won is the chairman of SK Group.
  2. He was born on March 21, 1960.
  3. He graduated from Korea University with a degree in business.
  4. His net worth is estimated at $2.6 billion USD.
  5. SK Group has over 90 subsidiaries and affiliates worldwide.
  6. Chey Tae-won served time in prison for embezzlement and breach of trust.
  7. He returned to his position as chairman after being pardoned by the president.
  8. SK Group operates in various industries including energy, chemicals, and telecommunications.
  9. The company’s revenue was $122 billion USD in 2020.
  10. Chey Tae-won is known for his philanthropic efforts through the SK Foundation.

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