Rank #3131
Sam Tarascio
Net worth $1.2B
Real estate · Australia
- Born
- Jul 22, 1944
- Age
- 81
- Source
- Real estate
- Residence
- Melbourne
- Citizenship
- Australia
- Marital status
- Married
- Children
- 3
- Education
Net worth over time
Biography
- Sam Tarascio owns a portfolio of real estate across Melbourne, including a business park, two distribution sites, a large shopping mall and a market.
- Tarascio, who emigrated from Italy in the 1950s, also owns several inner-city apartment developments.
- He started out in property development in the 1960s by building a warehouse for German pharmaceutical company Hoechst, where he had worked in sales.
- That led him to establish logistics and industrial-development business Salta Properties, now run by his son Sam.
- Sam Tarascio, founder of Salta Properties, will transition from his role as founding director to non-executive founding director, effective 1 January 2026.
- Tarascio imported an olive press in 2014 for his Taralinga Estate on the Mornington Peninsula, near Melbourne.
- His Taralinga Estate olive oil has won two gold medals at the New York International World Olive Oil Competition.
Financial assets
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