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Isabel Dos Santos Net Worth. Huge Worth From Savvy Investing Or Family Connections? | Urban Intellectuals

Isabel Dos Santos Net Worth. Huge Worth From Savvy Investing Or Family Connections?

by | Dec 5, 2016 | Celebrities, net worth | 0 comments

Isabel Dos Santos is a prominent Angolan investor who is extremely wealthy. According to Forbes, Isabel is the wealthiest businesswoman in Angola and also in the whole African content.

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She’s the eldest daughter of Jose dos Santos, a man who has been president of Angola since the 1979. Forbes estimates that the 43-year old woman is worth $3 billion US Dollars!

Isabel studied at London’s Kings College, where she obtained a Bachelor of Science degree in Electrical Engineering. While studying at the higher learning institution, she met Sindika Dokolo.

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In December 2002, the couple got married during a lavish wedding that cost approximately US$ 4 million.

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Isabel Dos Santos net worth comprises of investments in various sectors and countries.

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She owns 25% of Unitel, the leading provider of mobile phone network in Angola. She also holds a significant stake in Banco BIC, one of the leading commercial banks in the country.

In Portugal, Isabel owns about 7% of Galp Energia, a firm that deals with gas and oil. Additionally, she owns approximately 19% of Portugal’s 4th largest bank, Banco BPI. The wealthy businesswoman is the majority shareholder of Nos SGPS (a telecommunication company) as well as Portuguese Cable TV.

In mid 2015, the wealthy president’s daughter spent at least US$ 200 million to obtain substantial shareholding in Efacec Power Solutions, a Portuguese firm that deals with electric power equipment.

Towards the end of 2015, four European parliamentarians publicly asked that investigations be carried out to establish the legality of Isabel’s investments in Portugal. According to the four members of Parliament, the payment method used (funds transfer by the Government of Angola) raised the probability that it (the Government of Angola) was financing personal investments of the president’s daughter, not only indirectly, but also illegally.

Isabel Dos Santos net worth will definitely continue increasing as long as Jose dos Santos remains in power as Angola’s president.

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