What is Tova Borgnine's net worth and salary?
Tova Borgnine is a Norwegian-American businesswoman with a net worth of $25 million dollars. She is the founder of Tova Corporation, a cosmetics company, and the fifth wife of actor Ernest Borgnine.
Early Life
Tova Traesnaes was born on November 17, 1941, in Oslo, Norway. After her parents divorced, Tova moved with her mother to the United States, settling in Manhattan, New York, where she originally planned to study acting.
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Makeup Entrepreneur
After her divorce, Tova moved to Las Vegas to be closer to her mother. In 1975, she discovered a cactus-based face cream created by a Mexican family and acquired the worldwide distribution rights. The brand, now called Tova9, quickly generated $500,000 per year in revenue.
Tova Cosmetics
In 1977, Tova began selling her products through mail-order. As word spread about the "facelift in a jar," Hollywood stars started flocking to purchase her products, leading to a surge in orders.
How much wealth has Rufus Sewell accumulated over the years?.By 1983, Tova had launched a perfume called "Tova Signature" and relocated her company to Beverly Hills. The company employed nearly 50 people, mainly operating from a factory in Arcadia, California. Over the years, the company expanded to produce around 65 skincare products and employed 80 people by the end of the 1980s.
QVC
Tova began selling her products on QVC in 1990, and her fragrances became the best-selling perfume products on the platform. In 2002, QVC acquired her brand in a "seven-figure" deal.
Personal Life
After her divorce from Louis Littleton, Tova married actor Ernest Borgnine in 1973, becoming his fifth and final wife. They remained married until his death in 2012. Tova has one child from her first marriage but did not have any children with Borgnine.
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For many years, Tova Borgnine divided her time between Beverly Hills, California, and West Chester, Pennsylvania, where QVC is headquartered.
Following Ernest's death, Tova sold their longtime Beverly Hills home, which he had owned for over six decades, for $3 million to Jason Bateman and his wife Amanda Anka in February 2013.
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