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Friday, November 27, 2015

Isabel dos Santos, daughter of the Angolan President and Africa's richest woman.

 

Isabel dos Santos, oldest daughter of Angolan President José Eduardo dos Santos is one of Africa’s richest women. 

Forbes magazine’s Kerry A. Dolan and Rafael Marques de Morais report on how she managed to amass a fortune worth $3 billion in a country living on $2 a day.

As best as we can trace, every major Angolan investment held by Dos Santos stems either from taking a chunk of a company that wants to do business in the country or from a stroke of the president’s pen that cut her into the action. Her story is a rare window into the same, tragic kleptocratic narrative that grips resource-rich countries around the world. 

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