The Araneta Group of Companies is where Jorge L. Araneta serves as CEO and engages in philanthropy, gastronomy, and real estate development. After completing his 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, he enrolled in De La Salle University in Manila.
He worked closely with his father during his adolescent years after finishing college. After that, he progressively advanced through the company’s levels until, in 1970, when his father decided to retire, he ultimately assumed control of the Araneta Group and its related businesses. The family-run company expanded to include services in real estate, agriculture, investments, and catering.
As a result, many firsts were built all throughout the country, such as the Fiesta Carnival in 1971, the Ali Mall in 1976, the first indoor enclosed mall in the nation, and other commercial buildings in the 1980s. In 1985, the year his father passed away, Araneta received the funds. By starting the Araneta Center Redevelopment Plan planning process in 1999–2000 and launching the program in 2002, Araneta took on the responsibility of carrying out his father’s mission.
Araneta recognized a chance to transform the Araneta Center into a transit-oriented development that was modeled like a garden city. According to the Araneta Company’s Vision 2030 plan, which seeks to create 3,000,000 m2 (32,000,000 sq ft) square meters of gross floor area within the mixed-use complex, the Araneta City master plan is in line with this goal.
Who is Jorge L. Araneta’s Daughter?
Jorge L Araneta has not revealed who his daughter is. He has kept his children away from the public eye.