Jorge León Araneta serves as the CEO of the Araneta Group of Companies, which develops real estate and works in hospitality, dining, food service, entertainment, and philanthropy. He enrolled in De La Salle University in Manila after earning a Bachelor of Science in Business Administration (BSBA) from the University of the Philippines Diliman, where he was a member of the Upsilon Sigma Phi fraternity.
After graduating from college, he spent his adolescent years working closely with his father. Following that, he steadily rose through the ranks of the business until, in 1970, following his father’s retirement, he took over administration of the Araneta Group and its associated businesses. The family firm grew under his management to include real estate, farming, investments, and catering services. As a result, several firsts were constructed in the nation, including the Fiesta Carnival in 1971, the Ali Mall in 1976, the first indoor enclosed mall in the country, and a number of commercial structures in the 1980s.
Araneta got the cash after his father’s passing in 1985. Araneta took on the duty of carrying out his father’s purpose by starting the Araneta Center Redevelopment Plan planning process in 1999-2000 and beginning the program in 2002. Araneta saw an opportunity to turn the Araneta Center into a garden city-inspired transit-oriented development.
Does Jorge Araneta Have a Child?
Jorge Araneta has children. He has five children with his wife, Stella Araneta
