[1] Like his father, Milton proved to be an accomplished businessman and made a small fortune on various investments ranging in everything from a gym and tanning salon in Stockholm to various imports of everything from pantyhose to wristwatches as well as real estate deals in Spain.
Milton himself has described his upbringing by his father as harsh and loveless, and though he vowed never to get into the porn business, he eventually took over Private Media Group in 1991.
The suit cited the improperly borrowing of more than $10 million, Private Media Group paying personal legal bills in his fight with Swedish tax authorities, and awarding himself a salary of $600,000 without board approval.
One of his latest business ventures, CokoAkvo, which produced and distributed a coconut water drink, resulted in a failure.
An intimate documentary about the life and business of Berth Milton and Private was produced by Airborne TV and Channel Five – The Reluctant Porn King.