[citation needed] Before winning, she worked as an executive secretary for the Puerto Rico Telephone Company.

She was married three times; to former male model Butch James, musician Corky Stroman, with whom she had her only child Sasha,[5][6] and Cuban-born engineer Frank Cué.

After her win in the Miss Universe pageant, she was honored with what was considered until then one of the biggest welcomings ever at San Juan's Isla Verde International Airport.

[12] Malaret's face graced the covers of many international and Puerto Rican entertainment and gossip magazines, such as Vea, Teve Guía, Artistas, Estrellas, and its smaller version Estrellitas.

She participated in many advertising campaigns, and performed occasionally as a motivational speaker to young women and aspiring business leaders.