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Facts About Africa's Richest Woman by ImanuelJannah(m): 2:54am On Jul 12, 2013
[img]http://2.bp..com/-J-ZvS5cL6pY/Ud9bEDojRzI/AAAAAAAAAgU/tGu4XBZrUaE/s320/richest+woman.jpg[/img]
Forbes has announced that Isabel Dos Santos is Africa’s richest woman and the first to be worth more than a billion dollars. But her riches appear to have little to do with hard work or doing smart business. Here are facts about Isabel and her suspicious wealth...

She’s The Daughter of Angola’s President
Dos Santos, age 40, is the oldest daughter of Angolan President José Eduardo dos Santos, a noted autocrat and perhaps even a despot, who has been in power since 1979.

Her Early Business Ventures Failed
Santos started her first business at age 26, a Luanda-based restaurant called Miami Beach. It was a failure and badly managed. She followed with a garbage collection business, which also failed despite ‘winning’ contracts that were arranged by her father. Critics say there is a long list of similar failures and Dos Santos has proven more successful at owning stock and sitting on the boards of businesses arranged through her political connection.

The Sources Of Her Wealth
Being crowned Africa’s richest woman is a remarkable achievement. Dos Santos did so through investments in numerous Angolan and Portuguese businesses. Forbes reports that she owns significant shares in a Portuguese media conglomerate and at least one bank. She also has similar respective stakes in an Angolan bank and telecoms firm. But how she acquired these is not so clear.

The Questions About Her Wealth
Dos Santos may be rich, but she is far from a self-made billionaire. According to activists, much of Dos Santos’ wealth come from deals arranged by her father and transferred to her.

The Defence Of Her Wealth
Africa’s richest woman has kept a remarkably low profile throughout her career. Even Forbes could not reach the business woman to talk about her massive fortune. But her spokesperson has denied stories about the shady origins of Dos Santos’ wealth, saying it is mere speculation.

With the facts on ground, what do you think of her massive wealth?

SOURCE: www.imanueljannah..com
Re: Facts About Africa's Richest Woman by Temismith(f): 7:55am On Jul 12, 2013
K. O je bi! I tink say na she sabi!
Re: Facts About Africa's Richest Woman by angelTI(f): 8:04am On Jul 12, 2013
so she is 40 n she looks 50ish.
Re: Facts About Africa's Richest Woman by mysticgal(f): 8:38am On Jul 12, 2013
what of the alakija woman

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Re: Facts About Africa's Richest Woman by AbuMikey(m): 8:45am On Jul 12, 2013
Wah appuned to Bimbo Alakija who is richer than Oprah Winfery?? undecided

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Re: Facts About Africa's Richest Woman by Emperoradrian(m): 8:47am On Jul 12, 2013
Hmmmmmm...so she's 40,and stil luks lyk my lil sis....nawa o

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Re: Facts About Africa's Richest Woman by overdrive(m): 8:55am On Jul 12, 2013
Where is her hubby.
Re: Facts About Africa's Richest Woman by launique: 9:03am On Jul 12, 2013
Alakija is not even a billionaire according to Forbes talk more of being richer than Oprah Winfrey
Re: Facts About Africa's Richest Woman by ImanuelJannah(m): 11:24am On Jul 12, 2013
overdrive: Where is her hubby.
she is yet to be hooked in marriage.
Re: Facts About Africa's Richest Woman by overdrive(m): 2:14pm On Jul 12, 2013
@op do u know if I can apply to marry her
Re: Facts About Africa's Richest Woman by HezronLorraine(m): 12:00am On Jul 13, 2013
Alakija is currently @ No2 position.she's put @$600m.
Re: Facts About Africa's Richest Woman by HezronLorraine(m): 12:02am On Jul 13, 2013
Alakija is currently @ No2 position.she's put @$600m.

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