What is Ernesto Taricone Net Worth in 2023?
- Ernesto Taricone Net Worth: $1.3 billion.
- Full Name: Ernesto Taricone
- Born: 1948
- Citizenship: Ghana (By Naturalization).
- Place of Birth: Rome, Italy.
- Source of Wealth: Business, Real Estate and Investments.
Ernesto Tarricone is the Trassacco group’s manager and Chief Executive Officer (CEO). Trassacco Group, Mr. Tarrcone’s company employs about 4000 employees.
How much is Ernesto Taricone’s Net Worth?
The estimated net worth of Ernesto Taricone is $1.3 billion, making him the richest man in Ghana.
Following the passing of Charles Ampofo, Ernesto Taricone has ascended to the position of Ghana’s richest man.
Previously, he was second behind Ampofo in the ranking of the wealthiest individuals in Ghana.
Biography and Early Life of Ernesto Taricone
According to Oasdom, Ernesto Taricone was not born in Ghana; nonetheless, after spending most of his life in the nation, Taricone obtained Ghanaian citizenship through naturalization.
Born in Rome, Italy, in 1948, Ernesto Taricone moved to Ghana in 1968 with his father and two siblings for business opportunities.
After settling in Ghana, the family embarked on various commercial ventures, gradually making a significant impact on the Ghanaian economy.
Today, Ernesto Taricone’s net worth is estimated to be 1.3 billion USD.
Related: Aliko Dangote Net Worth & Biography.
Ernesto Taricone’s Career Journey
Ernesto Taricone has built his fortune through a range of business ventures in construction, real estate development, agriculture, aviation, and manufacturing.
His Trasacco Estate Development Company is behind prominent projects like the opulent Trasacco Valley and the Aurora Luxury Apartment, with the latter valued at more than $500 million.
Individual properties within these estates often exceed a million dollars in value.
In 2004, Taricone became a co-owner of Michelleti & Co, a construction firm in Ghana known for projects like the Accra Hockey Stadium, the restoration of the Accra Sports Stadium, and the creation of premium buildings like Beaufort Ridge and One Airport Square.
Additionally, Taricone owns large agricultural properties, including the Sant Agata Agricultural Property, consisting of 52,000 acres dedicated to farming, and a 2,103-acre property for tourism activities.
Another venture, Royal Aluminum Systems, is a subsidiary of TEDC that manufactures aluminum products like windows, doors, and curtain walls, holding a significant share of the glass and aluminum supply in Ghana.
Taricone also owns Gulfwing Aviation Ltd, based at Kotoka International Airport.
This aviation firm provides air transportation services, often used by government officials, prominent members of Ghanaian society, and the petroleum industry.
The culmination of these endeavors has made Taricone the richest man in Ghana, with an estimated net worth of $1.3 billion.
His diverse portfolio illustrates an entrepreneurial spirit that has left a substantial mark on various sectors of the Ghanaian economy.
Ernesto Taricone’s Recognitions and Awards
- Ernesto Taricone was appointed Honorary Consul of Ghana to Italy in 2016.
- In 2019, Taricone’s firm was named Construction Firm of the Year.
- Ernesto Taricone also got the Lifetime Award at the first City Construction and Properties Awards in October 2019.
Summary – Ernesto Taricone Net Worth
Ernesto Taricone’s net worth, currently valued at $1.3 billion, positions him as a likely contender among the wealthiest individuals in Africa, should his fortune continue to grow.
His diverse business interests are largely based in Ghana and encompass sectors such as agriculture, mining, forestry, construction, and real estate development.
Taricone’s dedication and industrious nature have not only contributed to his success but have also earned him the distinction of being the richest man in Ghana.
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