Irene Marcos-Araneta

Irene Romualdez Marcos-Araneta (; born Maria Victoria Erene Irene Romualdez Marcos; September 16, 1960) is the third child of the late former President Ferdinand Marcos and former First Lady Imelda Marcos. Irene Marcos’ presence is known as being "the quiet one" because, among the Marcos siblings, she is the only one not holding public office. Her best-remembered role in her father's 21-year rule involved expensive events, such as her 1983 wedding to Gregorio "Greggy" Maria Araneta III which was said to cost US$10.3 million, and for her September 1985 party on the presidential yacht BRP Ang Pangulo, whose lavishness caused a scandal when video coverage of it came out in the wake of the 1986 EDSA Revolution. She gained media attention after being tagged in the Panama Papers leak, and for triggering student protests after her attendance in various campus events. Controversies She, her mother and brother have moved for the reversal of the Sandiganbayan's decision to forfeit in favor of the government all assets, investments, securities, properties, shares, interests, and funds of Arelma Inc. being managed by Merrill Lynch Asset Management in New York. Personal life Irene Marcos-Araneta is married to businessman, Gregorio Maria "Greggy" Araneta III with 2 children: Alfonso Araneta (Alfy) and Luis Araneta. She was named in the internationally controversial Panama Papers, along with her husband, Gregorio Maria Araneta III, her sister Imee Marcos and her nephews Fernando "Borgy" Manotoc, Matthew Joseph Manotoc, and Ferdinand Richard Michael "Mike" Manotoc.