Did you know there are only three black female billionaires in the world?

Theodora Aidoo Nov 13, 2019 at 03:30pm

November 13, 2019 at 03:30 pm | Opinions & Features, Success Story, Women

Theodora Aidoo

Theodora Aidoo | Staff Writer

November 13, 2019 at 03:30 pm | Opinions & Features, Success Story, Women

Isabel Dos Santos

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Isabel dos Santos is a 46-year-old Angolan billionaire businesswoman and Africa’s richest woman with a net worth of $2.2 billion.

Nicknamed “The Princess” in Angola, she is the oldest daughter of Angola’s longtime former president, Jose Eduardo dos Santos, who ruled the country from 1979 to 2017.

Her father made her head of Sonangol, Angola’s state oil firm, in June 2016, but Angola’s new president removed her from that role in November 2017.

Forbes research found that while Isabel’s father was president, she ended up with stakes in Angolan companies including banks and a telecom firm.

According to Forbes, Isabel “is an independent businesswoman and a private investor representing solely her own interests.” She owns shares of Portuguese companies, including telecom and cable TV firm Nos SGPS and has major stakes in several Angola-based and Portugual-based companies.

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