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

Australia

Source of wealth

Real estate

Residence

Melbourne, Australia

Marital status

Married

Birth date

07/22/44 (age 80)

Number of children

3

Self-made

self-made

Sam 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

Australian Unity Office Fund

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