Chey Tae-won

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This is a Korean name; the family name is Choi.
Choi Tae-won
Born (1960-12-03) 3 December 1960 (age 56)
Suwon, Gyeongi Province, South Korea
Nationality Korean
Education

B.A. University of Chicago

M.S. University of Chicago
Net worth $4.2 billion (January 2015)
Spouse(s) Roh So-young (married 1988–present)
Children 3
Korean name
Hangul 최태원
Hanja
Revised Romanization Choe Tae-won
McCune–Reischauer Ch'oi T'aewŏn

Choi Tae-won (born 3 December 1960) is the chairman of SK Corporation. He was responsible for securing the funds to build Ulsan Grand Park, the largest Urban park in South Korea.[1]

Early Life and Education[edit]

Choi is chairman of the South Korean group SK Corporation, the third largest conglomerate in South Korea with affiliates in energy, telecom, chemicals, and other sectors. He attended the University of Chicago as an undergraduate and later met his wife, the daughter of former South Korean President, Roh Tae-woo, at the university as well.[2][3] The Choi family has deep ties with the University of Chicago as Choi's father, the founder of the group, as well as his wife and eldest daughter all attended the university.[4] He is married, has three children, and was incarcerated near Seoul until his pardon in August 2015.[5] His spouse is the daughter of former president They have been separated since September 2011.[6] In December 2015 he announced his intention to divorce his wife.[7]

Controversies[edit]

In January 2012, Choi was indicted of embezzling over $40 million from SK companies to cover up trading losses. However, he denies any wrongdoing.[8] On 31 January 2013, Choi 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.[9] He was later pardoned by President Park Geun-hye in August 2015.

References[edit]

  1. ^ "SK seeks innovation in social work". Korea Times. Retrieved 15 June 2013. 
  2. ^ "Chey Tae-Won". Forbes. Retrieved 2015-12-29. 
  3. ^ "< SK 최씨 일가의 대 이은 시카고大 사랑 > | 연합뉴스 : 바른언론 빠른뉴스". www.yonhapnews.co.kr. Retrieved 2016-02-13. 
  4. ^ "< SK 최씨 일가의 대 이은 시카고大 사랑 > | 연합뉴스 : 바른언론 빠른뉴스". www.yonhapnews.co.kr. Retrieved 2016-02-13. 
  5. ^ "SK chairman freed from prison for special pardon". Korea IT Times. 2015-08-14. Retrieved 2015-12-29. 
  6. ^ "SK Chairman and Roh tae-woo's daughter expected to divorce : Business : News : The Hankyoreh". English.hani.co.kr. 2012-06-19. Retrieved 2015-12-29. 
  7. ^ "SK head Chey to divorce ex-president's daughter: report". English.yonhapnews.co.kr. Retrieved 2015-12-29. 
  8. ^ "#8 Chey Tae-Won". Forbes.com. Retrieved 2015-12-29. 
  9. ^ "SKorea chaebol chief sentenced to 4 years prison - Yahoo Finance". Finance.yahoo.com. 2013-01-31. Retrieved 2015-12-29.