{"id":1464,"date":"2016-10-06T16:54:27","date_gmt":"2016-10-06T08:54:27","guid":{"rendered":"http:\/\/primer.com.ph\/business\/?p=1464"},"modified":"2022-09-28T22:38:09","modified_gmt":"2022-09-28T14:38:09","slug":"success-runs-deep-the-story-of-the-philippines-araneta-family","status":"publish","type":"post","link":"https:\/\/primer.com.ph\/business\/success-runs-deep-the-story-of-the-philippines-araneta-family\/","title":{"rendered":"Success runs deep: The story of the Philippines\u2019 Araneta Family"},"content":{"rendered":"

Success stories often come from humble beginnings and ideas that are sometimes deemed \u201ccrazy enough to work.\u201d One family, however, has been successful before the country even gained its independence: the Araneta clan.<\/span><\/p>\n

Known for their multi-faceted business empire and a penchant for politics, the Aranetas have been around since the Spanish occupation. It\u2019s been said that today\u2019s Aranetas are descendants of Don Jose de Araneta and Baltazar de Araneta, whose kinship has been disputed to this day.<\/span><\/p>\n

A long history<\/strong><\/span><\/p>\n

While Don Jose and Baltazar did not necessarily stand out as much as the Aranetas of today (Don Jose served under the Spanish government in Maguindanao without any real power while Baltazar was a council member and secretary of an organization in Manila), it wasn\u2019t until Buenaventura Araneta served as the Gobernadorcillo of Iloilo that the family really started to take off.<\/span><\/p>\n

Politics was their first field of success, with Juan Araneta being the architect of the successful revolt in Negros and being named Secretary of War in the short-lived First Republic of the Philippines. Their business success started with Jorge Araneta, a pre-war industrialist who expanded Juan\u2019s sugar refinery in Bago City.<\/span><\/p>\n

Though successful in their stints with the government and big business, the name Araneta did not gain steam until J. Amado Araneta established their real estate empire in Cubao, Quezon City. He\u2019s the man responsible for building the Araneta Center, with the Smart Araneta Coliseum, once the world\u2019s largest indoor stadium, as its centerpiece.<\/span><\/p>\n

Today\u2019s Aranetas<\/strong><\/span><\/p>\n

\"jorge-l-araneta\"<\/span><\/p>\n

THE FIGUREHEAD. Jorge L. Araneta, chairman of the Araneta Group, leads the family business.<\/em><\/p>\n

The Aranetas of today are split into several branches, spread across the country. The most prominent of the Aranetas is Jorge L. Araneta, who inherited the Araneta Group from his late father J. Amado Araneta. The Araneta Group is composed of the following companies:<\/span><\/p>\n