[ad_1]
Sweet’N Low magnate Donald Tober, who committed suicide in Manhattan last month, left his wife a $30 million fortune, new court paper show.
The 89-year-old artificial sweetener tycoon — who had been battling Parkinson’s disease — leapt to his death from his luxury Park Avenue apartment building on Jan. 15.
The CEO and co-owner of the New York-based 1,400-employee Sugar Foods — which made the iconic pink-packet sweetener, Sugar in the Raw and N’Joy non-dairy creamer — left wife Barbara Tober his entire estate, according to his will filed in his Manhattan Surrogate’s court last week.
Tober had no children, the court papers show.
“I give the balance of my estate … to my wife if she survives me,” Tober’s Oct. 5, 2018 will reads.
Specifically, Tober left Barbara the 11th-floor Park Avenue coop pad that they lived in together and all of his belongings — including furniture, art and cars, the court papers show.
Tober’s will also specified that all of his stock in Sugar Foods — which stopped distributing Sweet’N Low 15 years ago — should be sold off. Then, the executors of his estate should “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,” the court documents say.
Other papers filed in the case estimate the estate to be worth roughly $30 million.
Barbara was the editor-in-chief of Brides magazine for 30 years and a former trustees board chair at the Museum of Arts and Design in Manhattan.
After Tober’s death, Steve Odell — his business partner of 51 years — told The Post, that Tober was up against a “devastating” disease, “especially for someone as active as he was.”
But, his friend’s suicide still came as a shock to Odell who had spoken to Tober the day before and hadn’t suspected anything, he said at the time.
Odell said that Tober, “left us with eight words, and we live them every day. The first two words are ‘Be prepared.’ The second are ‘Show up.’ The third two words are ‘On time.’ And the last two are ‘Follow through.’ “
“He did that every day, all day, through his career,” Tober said at the time.
Both Barbara and a lawyer on the estate case did not immediately return requests for comment.
[ad_2]
Source link
