
Sam Tarascio
$1.05B
$7.1M (0.7%)
as of 04/02/25
About Sam Tarascio
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.
Personal stats
Citizenship
AustraliaSource of wealth
Real estateResidence
Melbourne, AustraliaMarital status
MarriedBirth date
07/22/44 (age 80)Number of children
3Self-made
self-madeSam Tarascio’s fortune is worth

17K
troy ounces of gold

16K
median U.S. household

10K
median U.S. income

0.021%
U.S. credit card volume

0.004%
GDP of the United States

0.003%
United States debt
Net worth history
Annual ranking
Did you know?
Tarascio imported an olive press in 2014 for his Taralinga Estate on the Mornington Peninsula, near Melbourne.
Net worth over time
Real-time ranking
Financial assets
ASX | AOF-AU
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