Jorge L. Araneta is the richest Araneta in the Philippines. The Araneta Group of Companies, which also invests in philanthropy, dining, and real estate development, employs him as CEO. He enrolled in De La Salle University in Manila after receiving 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.
After graduating from college, he spent his teenage years closely collaborating with his father. After that, he steadily rose through the ranks of the business until he finally took over the Araneta Group and its associated enterprises in 1970, when his father retired and did so. The family-run business grew to offer real estate, farming, investments, and culinary services when he became leader.
Due to this, numerous firsts were constructed across the nation, including the Fiesta Carnival in 1971, the Ali Mall in 1976, the first indoor enclosed mall in the country, and other commercial structures in the 1980s. Araneta received the money in 1985, the year his father passed away. Araneta took on the duty of carrying out his father’s purpose by beginning the Araneta Center Redevelopment Plan planning process in 1999-2000 and commencing the program in 2002.
Araneta saw an opportunity to turn the Araneta Center into a garden-city-inspired transit-oriented development. The Araneta City master plan is in accordance with the Araneta Company’s Vision 2030 plan, which aims to produce 3,000,000 m2 (32,000,000 sq ft) square meters of gross floor area within the mixed-use complex.
Who is Jorge L. Araneta’s Son?
There is currently no information available on who Jorge Araneta’s son is. Any information on him will be updated here.