He was elected to a prize fellowship at Merton College, Oxford, in October 1902,[2] and won the Vinerian Scholarship the following year.
[3] De Zulueta is an ancient Catholic Basque family from the Pamplona region of Northern Spain, tracing its Catholic and genealogical ancestry back at the least by 700 years including participating in the key battle of Las Navas de Tolosa is 1212 which began the defeat of the Muslim invaders in Spain and being directly related to a number of senior Spanish titles including the Marquis de Merry del Val and Conde de Torre Díaz (a title awarded by Isabella II of Spain in 1846).
Co-funding the P&O shipping company and establishing a Merchant Bank, Zulueta & Co. in the City of London.
This ancestor, Pedro José de Zulueta, was a highly successful politician, trader and entrepreneur in the 19th century in both Spain and England including having been the President of the Cortes de Cadiz which in 1814 effectively granted the Spanish Colonies in South America their independence- which was finally accepted by the Bourbon King Ferdinand in 1820.
[5] His son Sir Philip de Zulueta became the Foreign Office Secretary to the PM at 10 Downing Street throughout the Cold War, principally to Harold Macmillan, and subsequently his grandson, also Francis, became a leading entrepreneurial professional in insurance in the City of London including co-founding and chairing the Commonwealth Insurance Forum.