Irene Marcos


Maria Irene Celestina Marcos-Araneta is the third child of former Philippine President Ferdinand Marcos and First Lady Imelda Marcos. Known as being "the quiet one" among the Marcos siblings and the only one not holding public office, her best-remembered role father's 21-year rule involved expensive events, such as her 1983 wedding to Gregorio 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.
More recently 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.
Marcos-Araneta was named in the internationally-controversial Panama Papers, along with her husband, Gregorio Maria Araneta III, her sister Imee Marcos and her nephews Fernando Manotoc, Matthew Joseph Manotoc, and Ferdinand Richard Michael Manotoc.