Sam Tarascio
Salvatore "Sam" Tarascio is an Italian-born Australian billionaire businessman. Tarascio owns a portfolio of commercial and industrial real estate across Melbourne, including a business park, two distribution sites, a large shopping mall and a market. In 1972 Tarascio founded Salta Properties, a privately owned company, after buying swampland and constructing a warehouse for Hoechst. Prior to entering the property market, Tarascio worked in pharmaceutical sales.
Salta Properties is managed by Tarascio's eldest son, also called Sam.
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. He is married to Christine Tarascio, and they have three children, Sam, Lisa, and David.In 2018, Tarascio published an autobiography entitled, My Way.
Tarascio has interests in growing olives and extra virgin olive oil production, with a property located on the Mornington Peninsula. In in Vizzini, Tarascio's grandfather, Salvatore Tarascio, commenced the family tradition of olive pressing.