Sam Tarascio

Source: Wikipedia, the free encyclopedia.

Sam Tarascio
Born
Salvatore Tarascio[1]

(1944-06-22) 22 June 1944 (age 79)
NationalityAustralian
OccupationBusinessman
Known for
  • Westgate Logistics (since sold)
  • Salta Properties
SpouseChristine Johnson
Children3

Salvatore "Sam" Tarascio (born 22 June 1944) is an

privately owned company, after buying swampland and constructing a warehouse for Hoechst.[1] Prior to entering the property market, Tarascio worked in pharmaceutical sales.[3]

Salta Properties is managed by Tarascio's eldest son, also called Sam.[4]

Personal life

Born in Vizzini, Sicily, Tarascio emigrated to Australia in 1949, aged five years, and was raised by Sicilian migrant parents in the Melbourne suburb of Werribee.[3] He is married to Christine Tarascio (née Johnson), and they have three children, Sam (b. 1975), Lisa (b. 1977), and David (b. 1979).[citation needed]

In 2018, Tarascio published an autobiography entitled, My Way.[5]

Tarascio has interests in growing olives and

extra virgin olive oil production, with a property located on the Mornington Peninsula.[6] In c. 1930 in Vizzini, Tarascio's grandfather, Salvatore (Turi) Tarascio, commenced the family tradition of olive pressing.[7]

Net worth

Year
Financial Review
Rich List
Australia's 50 Richest
Rank
A$
)
Rank
US$
)
2015[8][9] 42 Increase $710 million Increase
2016[10][11] 36 Decrease $735 million Increase
2017[12][13] $1.43 billion
2018[14][2] 51 Increase $1.54 billion Increase $1.00 billion
2019[15][16] 46 Increase $1.72 billion Increase 35 Increase $1.22 billion Increase
2020[1] 64 Decrease $1.53 billion Decrease
2021[17] 75 Decrease $1.54 billion Increase
2022 72 Increase $1.69 billion Increase
2023[18] 89 Decrease $1.69 billion Steady
Legend
Icon Description
Steady Has not changed from the previous year
Increase Has increased from the previous year
Decrease Has decreased from the previous year

Published works

References

  1. ^
    The Australian Financial Review
    . Nine Publishing. Retrieved 31 October 2020.
  2. ^ a b "Sam Tarascio". Forbes. 2018. Retrieved 6 March 2018.
  3. ^ a b Lewis Boucher, Dinah (22 August 2019). "'It Doesn't Matter What Business You Start With': Sam Tarascio on Building an Empire". The Urban Developer. Australia. Retrieved 28 November 2020.
  4. ^ Brook, Stephen; Hutchinson, Samantha (19 August 2020). "CBD MELBOURNE: Solomon Lew and Salta's Sam Tarascio jnr in pandemic clash". The Age. Retrieved 28 November 2020.
  5. .
  6. ^ "Sam Tarascio produces the good olive oil". The Australian. 20 May 2020. Retrieved 28 November 2020.
  7. ^ "About Taralinga Estate". Taralinga. 2020. Retrieved 28 November 2020. [self-published source?]
  8. ^ Stensholt, John, ed. (June 2015). "2015 BRW Rich 200". BRW. Sydney. Retrieved 9 June 2015.
  9. ^ "2015 Australia's 50 Richest". Forbes Asia. March 2015. Retrieved 10 June 2015.
  10. Financial Review
    . Australia. Retrieved 7 June 2016.
  11. ^ "Gina Rinehart Loses Her No. 1 Spot". Forbes Asia. 27 January 2016. Retrieved 22 October 2019.
  12. The Australian Financial Review
    . Retrieved 8 June 2017.
  13. ^ Mayne, Stephen (26 May 2017). "Mayne's take: The top 25 Australian billionaires, as claimed by Fairfax". Crikey. Private Media. Retrieved 10 October 2019.
  14. The Australian Financial Review
    . Retrieved 26 May 2018.
  15. The Australian Financial Review
    . Nine Publishing. Retrieved 31 May 2019.
  16. ^ "2019 Australia's 50 Richest". Forbes Asia. January 2019. Retrieved 28 September 2019.
  17. ^ Bailey, Michael; Sprague, Julie-anne (27 May 2021). "The 200 richest people in Australia revealed". Australian Financial Review. Retrieved 28 May 2021.
  18. ^ Bailey, Michael; Sprague, Julie-anne (26 May 2023). "The 200 richest people in Australia revealed". Australian Financial Review. Retrieved 6 June 2023.

External links