Friday, October 28, 2016

The Billionairess

Isabel dos Santos is the oldest daughter of the Angolan president and is worth some $3.2 billion dollars. She is Africa’s richest woman and has built up a diverse empire, much of it in the capital Luanda. Her businesses range from telecommunications to banks to satellite TV to sports. In all, she owns a large chunk of Luanda's major businesses.

Dos Santos controls Unitel, Angola's largest cell phone company, with 81 stores in the capital alone and over 10 million clients in the country. She owns Candando, the country's first supermarket and has stakes in BIC and BFA banks and in the cement company Nova Cimangola. She heads Angola's state-owned oil giant Sonangol as well as the company-sponsored football club, Petro de Luanda. The list goes on and on.

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