is reporting that Tony Halme -- who wrestled worldwide but gained his most fame in the U.S. as Ludvig Borga in the WWE -- has died at 47.

The Borga character is best known for ending Tatanka's undefeated streak in late 1993. It's rumored he was slated for a WWE Title run at one point, but a severe injury cut his run short.

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Halme had great success after leaving the ring, competing in MMA and also becoming a successful politician.

Condolences to his family and friends, as well as to those of Umaga and Dr. Death Steve Williams ...