Jaime Fonalledas  Jaime Fonalledas (born 1946) is the President and CEO of Empresas Fonalledas Inc., which owns Plaza Las Américas, the largest shopping mall in the Caribbean and one of the top retail and entertainment venues in the world. Empresas Fonalledas Inc., also has holdings in dairy cattle operations, milk processing plants, non-dairy food industries, plastics manufacturing, real estate ventures, and banking operations. Employing more than 9,000 people in total, Empresas Fonalledas companies include Plaza del Caribe, Tres Monjitas, Vaqueria Tres Monjitas, Ganaderia Tres Monjitas and franchise Soft & Creamy. Fonalledas was born in San Juan, Puerto Rico into one of the island's wealthiest families. There he received his early education at Catholic schools in Hato Rey and Rio Piedras. In 1966, he graduated "magna cum laude" from the Interamerican University of Puerto Rico and earned a degree in Economics. Fonalledas pursued his law degree at the University of Puerto Rico School of Law and was admitted to the Puerto Rico Bar in 1971. He joined his family's business enterprises "Empresas Fonalledas", a business which has its origins in the early part of the 20th century. Fonalledas' grandfather Jaime Fonalledas Garriga had a farm called "Santa Elena", located in the town of Toa Baja. There he had a small store and sold milk and dairy products from his farm. On July 21, 1918, Fonalledas Garriga together with his two brothers Jerónimo and Gerardo and his sister Rosa bought 527 acres (2 square kilometers) of land in Hato Rey, a section of San Juan, which was part of a farm called "Las Monjas" and where sugar cane was cultivated. The family began their milk and dairy producing operations and named their enterprise "Vaqueria Tres Monjitas". The quality of their product made them leaders in their agricultural field. What began as a small business has evolved into Empresas Fonalledas, one of Puerto Rico's largest business enterprises which include Plaza Del Caribe in Ponce, Puerto Rico; as well as Vaqueria Tres Monjitas which produces milk, dairy products, juice drinks; an ice cream companies, several real estate developments and Plaza Las Americas. Fonalledas was still a child in the late 1950s when the family thought of the idea of developing a shopping center, modeled after Lenox Square in Atlanta and spurred on by the evolution of the concept in the United States.