Isabel dos Santos

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Isabel dos Santos, the oldest daughter of Angola’s longtime president, Jose Eduardo dos Santos, features on the Forbes list of the World’s Billionaires with a fortune estimated at a minimum of $2 billion.

Dos Santos is Angola’s first Billionaire and one of the richest women in Africa.

Her first business, which opened in 1997, was a restaurant called Miami Beach in Angola’s capital, Luanda.
Dos Santos most valuable asset, worth about $1 billion, is a 25% stake in Unitel, one of Angola’s two mobile phone networks, where Isabel dos Santos is a board member.

Since 2008 she has had relevant interests in telecommunications, media, retail, finance and the energy industry, both in Angola and in Portugal.

In addition to her commercial interest in oil and diamonds, Isabel dos Santos also owns shares in the Angola cement company Nova Cimangola.

Jadeium, a company held by Isabel dos Santos, acquired 4.918% of ZON Multimedia shares from Spain’s Telefonica.
She also sits on the board of Angola’s Banco BIC, where she also has a 25% stake.

In Portugal, she owns nearly 15% of ZON Multimedia, a listed cable TV company and just under 20% of Banco BPI, one of Portugal’s largest publicly traded banks.

Dos Santos has partnered with Sonae, Portugal’s largest retailer, to launch 5 new food hypermarkets in Angola.
Sonae is Portugal’s dominant retailer with more than 400 retail stores spread across the country, and is majority owned and chaired by Portuguese billionaire Belmiro de Azevedo.

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