Gregorio Maria Araneta III Personal Life, Relationships, Family, & More

Gregorio Maria Araneta III is the husband of Irene Romualdez Marcos, the third child of Ferdinand and Imelda Marcos, the former president and first lady of the Philippines. Gregorio Maria Araneta III and Irene Romualdez Marcos came into the limelight when her name was revealed in the Panama Paper Leak. She gained popularity by encouraging protests on campus by students in many events.

Her husband Gregorio Araneta III was there for her throughout her life journey. There is a lot you need to know about her husband Gregorio Araneta III. In this article, his life, relationships, family, and career are discussed to ensure you don’t miss out anything on him.

Personal Life

Gregorio Maria Araneta III got married to Irene Romualdez Marcos in 1983. His personal life is a mystery, but due to his wife, he was unable to cover his secrets under the sheets. Gregorio Maria Araneta III belonged to a Filipino family originating from Guipúzcoa, the valley region of northern Spain. His uncle Salvador Araneta, who was the son of Gregorio Araneta became Cabinet Secretary in the Philippines government. He also founded Araneta University, now called De La Salle Araneta University) and FEATI University.

Family

He was already into politics when he chose to become the son-in-law of Ferdinand Emmanuel Edralin Marcos. Apart from his huge political history, Marcos was involved in the murder of f Julio Nalundasan, his political rival. Their criminal activities of Marcos didn’t stop for a long time. Even after 1986, all of them, Marcos and Araneta’s families were involved in shifting a substantial amount of money from Marcos’s account in Union Bank of Switzerland to Deutsche Bank in Germany.

His wife Irene Romualdez Marcos is famous for spending a huge amount of money on her wedding during the twenty-one years of tenure of her father. More than eleven million dollars were spent on their wedding. Her wedding was held on the Presidential Yacht BRP Ang Pangulo with huge extravagance. This lavish party became a problem when footage from the party was leaked and made public followed by the 1986 EDSA Revolution.

His wife, Irene Romualdez Marcos, and mother-in-law, Imelda Romualdez Marcos filed a petition along with Sandiganbayan to reverse Merrill Lynch Asset Management’s ruling where it is stated that Arelma Inc. should lose all its assets and handover them to the government.

Along with his wife, Irene Romualdez Marcos, sister-in-law Imee Marcos, and nephews from her wife’s side, Fernando Manotoc, Matthew Joseph Manotoc, and Ferdinand Richard, Michael Manotoc, Marcos Araneta was named in the highly debated Panama Papers leak. Their family was on the radar because, at the time of economic crisis and civil unrest, they were living luxurious lives. This made the government alert and they were caught doing illegal activities.

Career

Gregorio Maria Araneta III was a businessman by profession. He had amassed huge wealth along with his father-in-law, Ferdinand Emmanuel Edralin Marcos. He gave his wife a luxurious lifestyle. His wife owned huge wealth. She had a huge collection of clothes, and shoes, and spent too much money on her parties and trips. Their wealthy lifestyle alarmed the government and they were caught stealing the money of the Philippines people. After a long battle with Sandiganbayan, Gregorio Maria Araneta III was able to release some of his assets from the government.

Conclusion

Gregorio Maria Araneta III was a wealthy businessman, and his wife Irene Romualdez Marcos was also doing great in her life. They could have chosen a simpler life for themselves, but they chose luxurious life at the expense of their people. His life was perfect for some time, but he had to face consequences for his activities.