Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News  >  Business Leaders  >  Business Leaders Biography

Business Leaders

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
HomeAll newsMost read newsBusiness Leaders Biography
Portrait de Isabel dos Santos
Public asset : 331,091,569 USD
Country of residence : Unknown
Linked companies :
No connection available

Summary 
Ms. Isabel dos Santos is Chairman at Sonangol EP.

She is on the Board of Directors at NOS SGPS SA and Banco de Fomento Angola SA.

She received her undergraduate degree from King's College London.


Biography of Isabel dos Santos 
Isabel dos Santos (born 1973 in Baku, Azerbaijan SSR) is the daughter of Angola's President José Eduardo dos Santos and his first wife. She is an Angolan investor. She is considered by Forbes to be the richest woman in Africa and the most powerful and richest woman in her country. In 2013, according to research by Forbes, her net worth had reached more than two billion US Dollars, making her Africa’s first woman billionaire. Isabel studied electrical engineering at King's College in London. There she met her husband from the Democratic Republic of the Congo, Sindika Dokolo. Her husband is a son of a millionaire from Kinshasa and his Danish wife. There were reports, that when they got married in Luanda, in December 2002, the wedding ceremony cost about US$ 4 million, with a special choir flown in from Belgium and two planes chartered to bring food from France. About 800 guests were present at the wedding, half of them were relatives of the couple, The British newspaper Financial Times wrote, in March 2013, that “even some critics acknowledge Isabel dos Santos’s independent prowess as a businesswoman”. In the same interview, Isabel dos Santos says she does business and she is not a politician.

In the early 1990s she returned from London with her father to Luanda, started to work for a German recycling company, then, set up a trucking business. Here the development of a walkie-talkie system paved the way for her subsequent foray into telecoms. In the early 1990s, in Luanda, she started working as a project manager engineer for Urbana 2000, a subsidiary company of Jembas Group, that won the contract for cleaning and disinfection of the city. Over a period of nearly 20 years she expanded her business interests continuously and this led her to create several holdings, in Angola and mostly abroad, and to make substantial investments in a series of prestigious entreprises, especially in Portugal.

[dos Santos.jpg|thumb|right|Isabel Dos Santos on Forbes magazine.]
Investments in Portugal
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.

Through the Netherlands-based Unitel International Holdings BV, a company controlled by Isabel dos Santos, the Angolan businesswoman is the main shareholder of ZON Multimédia with 29 % since July 2012. She is member of the board of Angolan bank in Lisbon, Banco BIC Português, and through Santoro Holding she holds 20% stakes at Banco Português de Investimento. She has other major stakes with the Angolan state oil company Sonangol through their mutual European Law holding, based in the Netherlands, named Esperanza Holding, in Portuguese Galp Energia. Isabel dos Santos is a founding member and Board member of Banco BIC Português, which recently acquired Banco Português de Negócios, a nationalized bank.

Since November 2012 Isabel dos Santos is a non-executive board member of ZON.

All in all, Isabel dos Santos' fortune in Portugal in mid-2012 amounts to an estimated 1.4 billion Euros.

Investments in Angola
With 51% control of Condis, Isabel dos Santos signed a joint partnership with the Portuguese Sonae group in April 2011 for the development and operation of a retail trading company in Angola. The entry in Angola by the Portuguese group led by Paulo de Azevedo will be performed by the Continente (Angola), which will open the first supermarket by 2013 in Angola.

Concerns
The remarkable growth of Isabel dos Santos' involvement in the Portuguese communications sector has led to a position of concern in the Portuguese media. Newspapers expressed discontent with the latest transactions in 2012. According to some editorial, the operation can lead to a monopoly in some areas of the media business by centralizing Angola and Portugal. According to other editorial, Isabel dos Santos has said she has no interest to invest in Portuguese media. Moreover, Isabel dos Santos was also accused of political bias, such as inside information and contacts in Portugal. It seems a clear strategy of Isabel dos Santos in the Portuguese economy.by whom|date=March 2013 Over the past three years (2009-2012) her share has increased exponentially. The sectors that draw attention are the communication and the financial system. Both activities are the investment priorities in of her own companies in Angola and abroad. Isabel dos Santos, currently one of the greatest entrepreneurs of her country, expands its business to Europe without diversifying the industries it serves.

  • Unitel International Holdings BV (change of name of Kento and Jadeium, based in Amsterdam, company-vehicle for Isabel dos Santos’ investment in the Telecommunications sector)
  • Santoro Finance (based in Lisbon, company-vehicle for Isabel dos Santos’ investment in Banco BPI)
  • Esperanza (based in Amsterdam, energy, oil etc.)
  • Condis (based in Luanda, retail business.)
  • Ciminvest (Isabel dos Santos is an investor in Ciminvest SA)

Isabel dos Santos is the President of Angola Red Cross


Source @ Wikipedia



Most Read News 
06/18MARTIN WINTERKORN : Head of VW's Audi arrested in Germany over diesel scandal
RE
06/14BILL GATES : Hong Kong market could open cash flood gates for U.S. biotechs
RE
06/14ELON MUSK : Musk's Boring Company wins bid to build high-speed system in Chicago
RE
06/13ELON MUSK : Elon Musk buys 72,500 of Tesla shares
RE
06/14LI KA-SHING : Li Ka-shing Scion Is Set To Expand His Empire -- WSJ
DJ
06/12WARREN BUFFETT : USG Deal Offers Exit for Buffett -- WSJ
DJ
06/13LI KA-SHING : Hong Kong's CK Infrastructure Bids More Than $9 Billion for Australian Pipeline Operator APA -- Update
DJ
06/13MARTIN SORRELL : Sorrell haunts WPP as shareholders rebel over farewell package
RE
06/13DAVID HENRY : Citigroup CFO sees flat second-quarter markets revenue versus year earlier
RE
06/15WILLIAM ACKMAN : Exclusive - Ackman's hedge funds gain after years of losses, Chipotle helps
RE
More news


© 2018 People and Ownership :   
Advertisement
Isabel dos Santos : Connections 
No connection available


Latest news about Isabel dos Santos 
03/30Angolan Elite Suspected of Fraud -- WSJ
DJ
03/29Angolan Ex-President's Son and Others Are Accused of Defrauding Central Bank
DJ
03/16GLENCORE : Angola drops Trafigura as Glencore and Total win major fuel tender
RE
03/02ISABEL DOS SANTOS : Angola offers former dos Santos diamond rights to investors
RE
2017Angola Loses Allure for Oil Firms -- WSJ
DJ
2017Big Oil Backs Away From a Former Industry Darling
DJ
2017ISABEL DOS SANTOS : How 'princess' of Angola lost her oil crown
RE
More news


Popular Business Leaders 
Paul Achleitner William Ackman Frank Appel Luc Besson Jeff Bezos Lloyd Blankfein Michael Bloomberg Vincent Bolloré Warren Buffett Vittorio Colao Tim Cook Serge Dassault Oleg Deripaska John Edwards Bill Gates Carlos Ghosn David Henry Heinrich Hiesinger Carl Icahn Paul Jacobs Arnaud Lagardère Jack Ma Sergio Marchionne Laurent Mignon Lakshmi Mittal Rupert Murdoch Elon Musk Peter Nicholas Xavier Niel Frédéric Oudéa James Packer Wolfgang Porsche Sumner Redstone Alexandre Ricard Wilbur Ross Howard Schultz Masayoshi Son George Soros Martin Sorrell Rupert Stadler Tidjane Thiam Peter Thiel Viktor Vekselberg Christophe Weber John Williamson Thomas Wilson Martin Winterkorn Steve Wynn Dieter Zetsche Mark Zuckerberg
A-Z Business Leaders