Isabel dos Santos is a businesswoman of Angolan descent. She was born in born in Baku, Azerbaijan SSR to the former Angolan president, Eduardo dos Santos who reigned power from 1979 to 2017, and his first wife. She is the eldest of her siblings. She studied in Kent, UK and later to King’s College in London to pursue electrical engineering.
According to Forbes, she has an estimated net worth of 2 billion US dollars and is by far the richest woman in all of Africa, therefore one of the most influential women in Africa. Isabel dos Santos has worked to accumulate the kinds of riches she now enjoys. She has worked in managerial positions in big companies including Netherlands based Unitel International Holdings BV, where she was chairman of the board of directors.
Unitel is the largest telecommunication operator in Angola and a company listed on European stalk exchange. Isabel dos Santos has also worked in a number of other sectors; entertainment where she opened a night club in Miami, energy, media, retail, banking and finance. She has made major business investments in Portugal and Angola.
Despite being successful in most of her ventures, Isabela Dos Santos also had her share of misfortunes. She has been in the limelight more than once for the wrong reasons. Isabel dos Santos was demoted from being chairperson of the board of directors at Unitel International Holdings for mismanagement of finances. She also had several scandals as to her appointment to government offices just because she was the president’s daughter. She was appointed as chairwoman of the Angolan State Oil Company, Sonangol and was subsequently forced out of office only two months after the new president, João Lourenço, came into office.
She continues to open up investments to new ventures particularly in Portugal and never seems to be put down by any of the troubles she faces in the business world.
Angola on the brink of a “Blackout” due to lack of Fuel. Power Generatos are being switched off in many parts of the country, and have no electricity. Thousands of consumers running to empty fuel stations, and over 4 hour long car queues at petrol stations. pic.twitter.com/COcvVnMnAQ
— Isabel Dos Santos (@isabelaangola) May 7, 2019