Imelda Marcos lands on Newsweek’s ‘greediest’ list

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Imelda Marcos, the wife of late Philippine dictator Ferdinand Marcos, has landed on Newsweek’s list of “greediest people of all time.”

According to the newsmagazine, Marcos “saw it as her duty to provide ‘some kind of light, a star’ for the impoverished Filipino people over whom her husband presided. So she took $5-million shopping sprees to New York and Rome, reportedly owned the world’s largest collections of gems and 3,000 pairs of shoes.”

The 79-year-old former first lady was also known for holding extravagant parties for foreign dignitaries during the reign of her husband.

“From Bernard Madoff to AIG’s bonus-earning execs, Wall Street has redefined economic excess. But the Masters of the Universe didn’t invent greed,” said Newsweek.

Also on the list were Roman general Marcus Licinius Crassus, Mongol emperor Genghis Khan, Pope Sixtus IV, industrialist William H. Vanderbilt, American politician William M. “Boss” Tweed, Empress Dowager Cixi of China, swindler Charles Ponzi, Wall Street arbitrageur Ivan Boesky, Tyco International CEO Dennis Kozlowski and disgraced financier Bernard Madoff.