Hard work, diligence, commitment, discipline, and resilience are some factors that can make many people successful in their businesses and careers. That was the case for Donald Tober, who pushed his franchise, Sweet N' Low, to greater heights by putting its packets on millions of tables across the states. But how much was Donald Tober worth?
Donald Tober was one of the most successful businesspeople in the world. He became famous for making Sweet N' Low a household name in Mexico and the United States. But how rich was he?
Donald Tober’s profile summary
| Full name | Donald Gibbs Tober |
| Nickname | Donald Tober |
| Gender | Male |
| Date of birth | 1991 |
| Date of death | 15th January 2021 |
| Age at death | 89 years old |
| Place of birth | United States |
| Nationality | American |
| Ethnicity | White |
| Religion | Christianity |
| Sexuality | Straight |
| Hair colour | Brown |
| Eye colour | Brown |
| Father | Harry Tober |
| Relationship status | Married |
| Partner | Barbara Tober |
| University | The University of Pennsylvania, Harvard University Law School |
| Profession | Businessman, a former lawyer |
| Known for | Being the chairman, CEO, and co-owner of Sugar Food Corp Sweet N’ Low |
| Fortune | $30 million |
| Company's worth | $286 million |
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How much was Donald Tober worth?
Donald Tober's net worth has never been made public. Despite being the co-owner, long-lasting CEO, and chairman of Sugar Food Corp Sweet N’ Low, his salary hasn’t been revealed. However, he left a $30 million fortune to his wife, Barbara Tober.
The company’s annual revenue is over $286 million. More than 500 billion Sweet N’ Low packets have been produced and sold globally.
Career and sources of income
Donald began his career immediately after completing his university studies. He practised law briefly in the 1970s. Later, he quit law and joined his father in the business sector. He became part of the Sugar Foods Corp company.
He brought significant growth to the company by turning its flagship product, Sweet N' Low, into a mainstay on many restaurant tables and kitchen counters across the United States. In addition, the company’s other products, N’ Joy non-dairy creamer and Sugar in the Raw become among the best-selling products.
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The company was known for selling snacks, condiments, and sweeteners in hotels and restaurants in the USA. It soared higher under Donald Tober's leadership skills and business acumen.
Donald was among the key forces that pushed to place the sweetener in hotels worldwide. He served in many food-related committees and organizations. Some of them were:
- The International Foodservice Manufacturers Association (Former chairperson)
- The Culinary Institute of America (Vice-chairperson)
- Educational Foundation of the National Restaurant Association (board member)
- The Culinary Institute of America (Trustee Emeritus)
Beyond food-oriented activities, Donald has also served as a contributor and member of various other organizations and associations. Some of the boards he has served on include:
- The American Australian Foundation for Medical Scholarship
- New York Landmarks Conservancy
- The Committee to Reduce Infection Deaths (RID)
- The National Dance Institute with Jacques d'Amboise
Properties
Where did Donald Tober live before his death? The successful businessman lived in a luxury apartment on Park Avenue with his wife. The 11th-floor apartment was valued at $10 million. However, there is no information about his other properties, such as houses and cars.
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Who inherited Donald Tober’s fortune?
His wife, Barbara Tober, inherited Donald Tober's fortune, valued at $30 million. Long before his death, Donald had filed his will in Manhattan Surrogate's Court on 5th October 2018. Donald left Barbara his entire estate.
I give the balance of my estate … to my wife if she survives me.Barbara also inherited the 11th-floor Park Avenue apartment where they lived, including the furniture, artwork, and cars. Donald also specified that all his stock in Sugar Foods, which stopped its distribution more than 15 years ago, should be sold off as the proceeds given to Barbara.
Distribute to my wife outright all proceeds of such sale and place any promissory notes from the sale in a trust for the exclusive benefit of my wife.Donald Tober’s fast facts
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How much was Donald Tober worth? Donald Tober's net worth wasn't publicly revealed, but he left his wife a $30 million fortune when he died. After completing his studies, he joined his father's company, yielding unparalleled growth. Even though he is gone, his impact is still felt as the company stands as one of the most successful in the United States.
Tuko.co.ke shared an article about Topper Mortimer’s net worth. Topper’s net worth has been an issue of public scrutiny since he is considered among the heirs of Henry Morgan Tilford’s oil company. Henry was one of the founders of Standard Oil of California.
Topper’s exact net worth hasn’t been revealed. However, different sources estimate the amount to be between $35 million and $40 million. Apart from being the heir to his family’s massive fortune, he has a successful career in the finance sector.
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