There are things in life that are hard to reconcile, like divorce. Sometimes it’s very difficult to make sense of how it could probably happen. For Lorenzo Luaces‘s wife, Lili Estefan, she doesn’t have time for hate or negativity in her life. There’s no room for it.

Lorenzo Luaces and Lili Estefan’s bond which was once the favorite of everyone end up with divorce citing infidelity. The Cuban entrepreneur cheated his partner with another woman throughout the marriage. Let’s dive deep into know more about his personal life.

Who Is Lorenzo Luaces?

Lorenzo Luaces is an eminent entrepreneur widely popular for his long term marital relationship with a Cuban model, Lili Estefan. Most recently, Estefan serves as the host of El Gordo y la Flaca on Univision.

The Snippet of Businessman Lorenzo Luaces

The Snippet of Businessman Lorenzo Luaces
Image Source: Bio Gossip

Moreover, Luaces owns the car wash business in Miami, United States. Some sources claim that he has over four businesses scattered around Miami.

Is Lorenzo Luaces Still Married?

Lorenzo Luaces and wife Lili Estafan aren’t in a marital relationship anymore. He married Cuban television host and model, Lili Estefan in 1992.
Lorenzo first met his wife through mutual friends. After understanding one another better, they turned a love affair into holy matrimony.

Lorenzo and Lili at their marriage

Lorenzo and Lili at their marriage
Image Source: MamasLatinas.com

Believe it or not, Lorenzo Luaces and Lili Estefan lived together for twenty years without any rumors of separation. Unfortunately, something went wrong. Estefan filed for divorce in September 2017 citing infidelity.

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The Cuban investor was cheating her with another woman. He had an extramarital affair. The couple’s divorce shocked almost everyone because a month before Lorenzo and Lili celebrated their 25 years of a wedding anniversary as mentioned in Metro.

Lorenzo Luaces Divorced

Following the separation, Lili and Lorenzo started living a single life. The site of MiamiHerald also posted about the couple’s divorce. Though they separated in late 2017, their divorce was still not finalized. Lorenzo and his former partner Lili finalized and became officially divorced on July 10, 2019.

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While talking about the divorce, Lili stated that Luaces’ infidelity bought both of their family embarrassments and hence, something that is done so they decided to fix the problem by breaking up.

The snippet of Luaces Family

The snippet of Luaces Family
Image Source: VergeWiki

Lorenzo and Lili are the parents of two children, a son, and a daughter. The couple’s first child Lorenzo Jr. was born on October 30, 1999. Likewise, their second child, Lina Luaces arrived on August 2, 2002. Luaces’ elder son is a high school graduate now.

Lorenzo Luaces Net Worth

With all these businesses, Lorenzo has great wealth. As mentioned in Lab7, he has an annual salary of about $150 – 174,999. Summing up all his earnings and income all these active years, he is now the owner of a net worth of $250,000 – $499,999. Besides, BioAgeWho has clearly mentioned that the businessman is worth $2 million as of 2020.

He has a luxury life with all these assets

He has a luxury life with all these assets
Image Source: HOLA!

His partner, Lili Estefan has an estimated net worth of $10 million. Moreover, the average salary of a talk show host ranges from $36,000 to $71,308 per year. The Cuban beauty is a fitness model as well, she earns $30,000 for modeling as well.

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