Imelda Marcos net worth is
People also search for
Imelda Marcos Net Worth, Biography & Wiki 2017
Imelda Remedios Visitación Romuáldez y Trinidad was born on the 2nd July 1929 in Manila, Philippine Islands, of Visayan and Spanish descent. She is probably best recognized all over the world for being Imelda Marcos, a former First Lady and the widow of the 10th president of the Philippines – Ferdinand Marcos, from 1965 to 1986. However, she is infamous for her huge collection of shoes, but she is also known in the media as a former model.
So, have you ever wondered how rich Imelda Marcos is, as of late 2016? According to authoritative sources, it has been estimated that Imelda counts her net worth at the impressive amount of $5 billion, which has been accumulated through her involvement in politics as First Lady. Another source of her net worth came from her brief modeling career.
Imelda Marcos Net Worth $5 Billion
Imelda Marcos was raised with five siblings by her father, Vicente Romuáldez, and her mother, Remedios Trinidad; her uncle was Norberto Romuáldez, who was known as a Philippine Supreme Court Associate Justice. Thus, she speaks three languages – English, Tagalog, and Waray. After the death of her mother, she moved with her family from Manila to Tacloban, where she pursued her career not only as a model and prospective beauty queen, but also as a singer. At the beginning of the 1950s, she returned back to Manila, and there began to work in small music store, soon after entering her first notable beauty pageant for Miss Manila, finishing second; however, she was crowned as the Muse of Manila. This had an influence on her net worth and popularity.
Subsequently, she met her future husband Ferdinand Marcos, a politician and congressman at Nacionalista Party from Ilocos Norte, and married him in 1954, and they together had five children – one of them adopted.
Her political career began in 1965, when her husband was elected the 10th President of the Philippines, and she became First Lady. Under their presidency, the country lived in poverty, while they traveled a lot, and were involved in various controversies with other celebrities. However, she gained huge political power, as she became “the other half of the conjugal dictatorship”, and a huge number of public events was organized with money from national funds, such as the 1974 Miss Universe beauty pageant.
Nevertheless, Imelda established the Green Revolution, and served not only as an Ambassador Plenipotentiary and Extraordinary, but also as the Minister of Human Settlements. Thanks to that, she projected the Philippine Heart Center, the Cultural Center of the Philippines, the Calauit Safari Park, etc, which all increased her net worth to a large degree.
Speaking further about her career, Imelda was accused of the assassination of Benigno Aquino, Jr., an opposition leader, but found not guilty. However, Ferdinand Marcos lost at the elections in 1986, which led to a People Power Revolution. Two years later, both of them were charged with conspiracy, racketeering, and obstruction of justice, but in 1990, after the death of her husband, she was acquitted of all charges.
Additionally in her life, the documentary film “Imelda” was released in 2003, and in 2010 the album “Here Lies Love” was released, which was later converted to a rock musical. Beside that, her huge collection of shoes is exhibited in the National Museum of the Philippines.