Alcohol tycoons at Marcos Victory Party

Kevin Tan and Sabin Aboitiz reunite and drink wine with alleged President Ferdinand Marcos Jr.

MANILA, Philippines — It was well known that dictator Ferdinand Marcos Sr. and his wife Imelda knew how to throw a party.

Their son, alleged president Ferdinand “Bongbong” Marcos Jr., clearly knows how to have fun with friends too.

The latest celebration may not seem as fancy as Marcos Jr.’s youth parties in Malacañang, but his billionaire and socialite guests nonetheless showed that an elite circle has his back.

Newsgroups and Twitter ignited over a photo and video showing business leaders partying with Marcos Jr. at his campaign headquarters late Monday evening, May 9, when partial and unofficial results surfaced. started to show a landslide victory for the son of the late dictator.

The photo showed Sabin Aboitiz seated next to Marcos opening a bottle of red wine for the table full of other business figures. Aboitiz, who is married to Bettina Araneta, is the president and CEO of the Aboitiz Group, which has business interests in electricity, financial services, food manufacturing, real estate and infrastructure.

Wearing a red polo shirt, Kevin Tan of Alliance Global was also spotted next to Marcos. Alliance Global is the parent company of Megaworld, Travelers International, Infracorp Development and Golden Arches Development Corp., which owns the McDonald’s franchise in the Philippines.

Tan has been spotted in at least one Marcos campaign event, as posted by a Marcos supporter on TikTok.

Greggy Araneta, brother-in-law of Marcos and head of PhilWeb Corporation and Araneta Properties, was also at the table. Share prices of Philweb and Araneta Properties soared on Tuesday as investors speculated about better times for the companies under President Marcos.

Miss Universe 1973 Margie Moran-Floirendo was also present at the festivities.

A video also circulated in Viber groups showing Lisa Araneta and Irene Marcos singing “Umagang Kay Ganda” with Inigo and Maricris Zobel. Inigo is a cousin of Jaime Zobel de Ayala.

These tycoons and socialites were spotted in some of the events of Marcos’ campaign. Were they there simply to show their support or did they help fund Marcos’ campaign? Did these tycoons pop the champagne to celebrate Marcos’ victory or the prospects of their companies?

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