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<i>Red Swan</i> ending explained: What happens to Oh Wan-soo and Seo Do-yoon?

K-drama series Red Swan officially came to a close with a smashing finale on 31 July 2024, leaving devoted fans of Kim Ha-neul and Rain with a satisfying ending.

The Disney+ limited series was one of the most eagerly watched K-dramas of 2024 through the June-July period. Red Swan was particularly noted for its intriguing plot mixed with a fine cocktail of romance and action.

All about Red Swan: Plot, recap and ending explained

Red Swan plot

Red Swan‘s plot revolves around a successful businesswoman named Oh Wan-soo and her bodyguard, Seo Do-yoon. Wan-soo is married to the heir of a South Korean chaebol — a family-owned business conglomerate. However, there are people in the family who want her eliminated to gain access to a fortune left for Wan-soo by her late father-in-law.

Protecting Wan-soo is Do-yoon, who has his own personal agenda against the family.

The cast of Red Swan

Kim Ha-neul, best known for her critically acclaimed performance in the serial killer thriller Blind (2011), plays Wan-soo.

Korean singer-turned-actor Rain, who shot to acting stardom with Park Chan-wok’s romantic comedy I’m a Cyborg, But That’s OK (2006), portrays Do-yoon.

Other main characters include Jung Gyu-woon as Wan-soo’s husband and company heir Kim Yong-guk, Seo Yi-sook as Chairwoman Park Mi-ran, Yoon Je-moon as the company’s legal head Han Sang-il, and Go Yoon as Yong-kuk’s younger brother Kim Yong-min.

Red Swan is directed by Park Hong-kyun, who is also known for helming the incredibly popular K-drama A Korean Odyssey (2017).

Spoilers ahead!

Red Swan: A quick recap

Red Swan K-drama
Image: Courtesy of Screenshot/Disney+ Singapore/@disneyplus_singapore/YouTube

Before we get to the end, here’s a quick recap. Wan-soo is married to Yong-guk, the heir of the Hwain Group. Some years later, Do-yoon enters her life as her bodyguard, as there is a credible threat to Wan-soo, who runs a charitable foundation named NOW.

Over the episodes leading up to the finale, it is revealed that Chairwoman Mi-ran had an affair with Sang-il and had a son with him. That son is Yong-min, whose real identity has been kept hidden from the world to protect the company’s image.

Mi-ran’s husband — Yong-guk’s father — was killed some time back, with his death a mystery to all. But before his death, Yong-guk’s father left a massive fortune for his daughter-in-law. It is this fortune that Sang-il wants to get his hands on. He also wants to usurp the company by trapping Mi-ran in a graft case and removing her from power. Mi-ran is completely oblivious to his schemes and believes in his accusations on Wan-soo.

Wan-soo, with the help of Do-yoon, is trying to unearth the family secrets. In the process, both fall in love. Their affair also becomes a problem for Wan-soo as Sang-il gets wind of it and intends to blackmail her.

Before the finale episodes, Wan-soo’s brother Hyeon-su’s (Kim Young-pil) is arrested in a trumped-up embezzlement case. Up until this point, Wan-soo believes that a set of ledgers containing information about embezzlement in the company would implicate her. In reality, however, the documents implicate Mi-ran. The truth is known to Sang-il, who has kept the chairwoman in the dark. Do-yoon discovers this fact and tells Wan-soo.

By the eighth episode, it is revealed that Yong-guk always knew of his mother’s affair with Sang-il. He is now determined to protect his wife but comes to know of her affair with Do-yoon.

What happened in the season finale of Red Swan?

Wan-soo’s brother Hyeon-su obtains the ledgers. Together with his sister and Do-yoon, a plan is hatched to trap Sang-il using the documents. But Wan-soo’s brother seemingly betrays her when he meets Sang-il, who promises a fortune to him. As soon as he gives the documents to Sang-il, the latter’s assassin kills Hyeon-su. Even though Do-yoon is secretly observing everything, he is unable to help.

Sang-il hands over the ledgers to the authorities, who arrest Mi-ran. It is then that Mi-ran realises how she was betrayed by Sang-il. Their past is revealed in greater detail: Mi-ran always ill-treated Sang-il, which is why he plans cruel revenge on her by having an affair, having a son and then implicating her.

Mi-ran is also told that it was Yong-min who killed her husband. The evidence, a gold bar, is with Sang-il, who threatens Mi-ran to take responsibility for the embezzlement if she wants to protect Yong-min. It is clear at this point that while Mi-ran cares for her younger son born out of her affair with Sang-il, the latter has no love for his biological child.

As the K-drama Red Swan progresses towards its ending, Wan-soo sees the killing of her husband by Yong-min. Sang-il wants Wan-soo to take the blame, but she gets Yong-min arrested for murder.

On the other hand, Sang-il is also arrested by the authorities as it is revealed that he manipulated the ledgers to trap Mi-ran. In prison, Sang-il and his son Yong-min have a tense confrontation. Yong-min tries to strangle Sang-il, but other prisoners intervene.

It is also shown that Mi-ran cares for Yong-min, as he is her only surviving son. Strangely, she visits Yong-min in prison to tell him that he will not be accused of murdering her husband.

The money that Wan-soo received as an inheritance from her father-in-law is donated to charitable works.

What about Do-yoon? He leaves, telling Wan-soo that he is no longer her bodyguard. But some time later, as Wan-soo is leaving the country for a charity function, Wan-soo joins her at the airport.

Where to watch Red Swan?

That’s it, folks! That was the ending of the K-drama Red Swan. If you are yet to watch the show, catch all the drama and thrill on Disney+ Hotstar.

(Hero and Featured images: Courtesy of © Disney+/IMDb)

Note:
The information in this article is accurate as of the date of publication.

Frequently Asked Questions (FAQs)

How many episodes are there in 'Red Swan'?

'Red Swan' has 10 episodes.

Where can I watch the Korean drama 'Red Swan'?

You can watch 'Red Swan' on Disney+ Hotstar in India.

Written by

<i>Red Swan</i> ending explained: What happens to Oh Wan-soo and Seo Do-yoon?

Manas Sen Gupta writes at the intersection of tech, entertainment and history. His works have appeared in publications such as The Statesman, Myanmar Matters, Hindustan Times and News18/ETV. In his spare time, Manas loves studying interactive charts and topographic maps. When not doing either, he prefers reading detective fiction. Spring is his favourite season and he can happily eat a bowl of noodles any time of the day.

   
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