Biography Of Ernesto Taricone (Age , Wife , Net Worth) - He leads the list of Ghana’s wealthiest persons. Ernesto Taricone is Ghana’s richest guy. He was formerly listed as the second richest person in Ghana, after only the late Charles Ampofo.
Ernesto, a business investor in Ghana, was born in Italy in 1948. In 1968, he arrived in Ghana with his father and siblings.
He is the founder of the Trasacco Group conglomerate. The well-known businessman is worth $1.3 billion.
Ernesto Trasacco leads the Trasacco Group, which focuses on agriculture, construction, mining, design, and real estate development. Trasacco Estate Development Company, a Trasacco company, has more than $500 million invested in active projects in Ghana.
All of Ernesto’s investments in Trasacco Group have enabled him to become Ghana’s richest man.
Ernesto Tarricone, Ghana’s richest man, is also a co-owner of Royal Aluminium Systems, which manufactures aluminum windows and doors.
There is no detailed information known on Ernesto Taricone. This is because he was born outside of the nation, namely in Italy.
He and two additional siblings were born in 1948. In 1968, he relocated to Ghana with his father as a youngster for business reasons.
His family eventually began to establish their fingerprints on Ghanaian land after settling in Ghana through many commercial endeavors.
Today, his family is regarded as one of the most elite in Ghanaian culture. Additionally, information regarding his parents is scarce.
Taricone and his siblings acquired their father’s money after his father’s retirement and death through his construction and real estate development business, Trasacco Estate Development Company.
This firm is well-known in the Ghanaian society for the various high-end projects it has completed. Its most well-known project is the Trasacco Valley, which is home to opulent homes.
The Aurora Luxury apartment, which is also owned by TEDC, is another outstanding property completed by the business. This project is estimated to be valued up to $400 million, with a final cost of more than $500 million. Each property on this estate is reported to be valued more than a million dollars.
Taricone, as you may know, is a civil engineer as well as an investor. He is the owner of the Tarasco Group, which employs approximately 5000 Ghanaians as well as expats from all over the world.
Despite having a significant impact on Ghana’s construction industry, Taricone is also involved in other sectors of the Ghanaian economy, including agriculture, mining, and forestry. With all of these various financial portfolios, one can only speculate about Ernesto Taricone’s current net worth.
The TEDC group is made up of several subsidiaries. Each of these subsidiaries is in a distinct industry in Ghana.
TEDC Quarry is one such subsidiary that focuses on the production and distribution of precious rocks. The quarry has the greatest capacity in the country, at 60,000 tons per month.
Taricone formed a partnership in 2004 to co-own a construction firm that has been in operation in Ghana for more than 60 years.
The Accra Sports Stadium restoration and the Accra Hockey Stadium are two of the company’s most recognized projects.
These are outstanding initiatives that demonstrate the company’s ability to provide world-class services. Taricone’s association with this firm resulted in many million dollars for him. Ernesto Taricone’s net worth increased as a result.
Over the years, the organization has executed more than 60 projects in Ghana. The Beaufort Ridge in North Ridge, for example, is valued a whopping $10 million.
The Villaggio Vista Condominium, created and owned by Ernesto Taricone’s Trasacco Estate Development Company, is currently a landmark in Accra as the highest skyscraper in Ghana.
The development cost $125 million and includes $2 million penthouse residences. Another subsidiary, Empire Builders Ghana, has a 150,000-acre land bank. In general, Taricone’s construction enterprises have made him millions of dollars, with his subsidiaries earning the most.
Taricone shifted his attention to agriculture, investing millions of dollars in his own Sant Agata Agricultural Property of Barone Taricone Ltd.
This property has approximately 50,000 acres of land that is home to crops such as banana, pineapple, and others. This site has a portion of its space allocated to tourist development.
Another TEDC subsidiary is Royal Aluminum Systems, which manufactures aluminum-themed items such as windows, doors, and curtain walls. The firm recently finished a segment dedicated to the production of glass.
Since its inception, the corporation has controlled the majority of the supply of glass and aluminum in Ghana. This increased Ernesto Taricone’s net worth significantly.
Gulfwing Aviation Ltd is based at Kotoka International Airport. This firm provides air transportation using helicopters and private planes.
This service has historically been used by Ghanaian government officials as well as respected members of Ghanaian society. Other important persons who use this company’s services include Ghana’s petroleum industry.
Fabi Timbers Ltd, based in Kumasi, is another subsidiary of the TEDC. This enterprise specializes in producing timber for processing, woodworking, and sale to neighboring West African nations and abroad.
This company’s monthly revenues have surpassed $2 million. Ernesto Taricone’s net worth is now estimated to be $1.3 billion.
Ernesto Taricone net worth allows him to enjoy a life of luxury. Despite his enormous wealth, which places him among Ghana’s wealthiest individuals, Taricone is a reclusive guy who keeps his business out of the spotlight.
Having saying that, Taricone has some of the nicest vehicles available. He has a Mercedes-Benz G-Wagon and a Range Rover Sport 2020.
However, information on where he lives and other interests him is lacking.
Ernesto Taricone is one of Ghana’s most respected citizens today. Despite not being a citizen of Ghana, Taricone obtained Ghanaian citizenship through naturalization after spending the most of his life in the nation. Ernesto Taricone net worth has elevated him to the top ten richest persons in Ghana.
Ernesto Taricone’s worth is debatable, as it is difficult to imagine how a complete stranger could get so wealthy through the commercial space of another country.
Many people in Africa have looked to persons like Taricone as a source of inspiration in recent years. That is understandable given Ernesto Taricone’s net wealth.
In this section, we’ll look at Ernesto Taricone’s childhood, profession, and other fascinating information.
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