Name
Sam Tarascio
Sam Tarascio
Melbourne, Australia
Australia
real estate, Self Made
$1,200,000,000
1818
#1818 Billionaires 2019
#35 Australia's 50 Richest 2019
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.
Tarascio imported an olive press in 2014 for his Taralinga Estate on the Mornington Peninsula, near Melbourne.
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