Thomas Vitale was born in 1962, and is a financial planner, a co-founder and CEO of Veebow.com, LLC, and the Director at Pacific Investment Partners, Inc. However, he is best known for being the husband of actress Valerie Bertinelli.
So just how rich is Tom Vitale at present? According to sources, Vitale has earned a net worth of over $5 million, as of late 2016. The main source of his wealth has been his involvement in the financial planning industry.
Tom Vitale Net Worth $5 Million
Vitale attended the University of Cincinnati, graduating with a BA in Business Administration. He then began working as a financial investment advisor, and eventually became an expert in the field. He was later hired by Banc One/Chase, becoming the manager of over one hundred bankers and more than 20 financial consultants, his annual budgets being 140% for three years in a row. Vitale’s success at Banc One/Chase has considerably improved his net worth.
In 2011 he and his partner Edward A. Loew founded Veebow.com, LLC, based in Mesa, Arizona, a company that connects buyers with savvy companies with local, regional and national special deals, by using a free mobile application. Since then, he has served as the company’s Chief Executive Officer. Vitale has been credited for marketing private equity offerings to investors, with the offering size ranging from $0.35 million to $4.5 million, which has significantly added to his wealth. He has also gained knowledge of mutual funds and annuities, retirement and estate planning and securities trading procedures.
Vitale has also served as the Director at Pacific Investment Partners, Inc., a private equity company which invests in lower middle market companies, mainly focusing on Phoenix. The company’s annual revenues reach $30 million and an EBITDA goes from $1 million to $10million. Vitale’s involvement in Pacific Investment Partners has also been a source of his net worth.
Although he has been a successful businessman for many years, however, Vitale’s work success is not what he has become known for. He instead became famous for marrying the famous actress Valerie Bertinelli, a star of the hit television sitcom “Hot in Cleveland” and ex-wife of the legendary musician Eddie Van Halen. The couple began dating in 2004 and became engaged on their trip to Italy in 2010. They married in a private ceremony in their Malibu house on New Year’s Eve in 2011 and have since lived there.
Speaking about other aspects of Vitale’s private life, before Bertinelli, he was previously married to Sharon, with whom he has four children.
The financial planner has also been known for being involved in several controversies. According to sources, Vitale was arrested in 2001 for allegedly attacking his ex-wife by pinning her to ground. Shortly after, he was charged for allegedly punching his child, after which he had to take an anger management course. Some time later, he added two more charges, both for physically attacking unknown men. After the latter charge, he was put under two years of supervised probation.
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