Earlier this morning, Forbes gathered a recent report on a woman (Isabel dos Santos) who is now believed to be the richest black woman in the world, displacing the Nigerian business mogul, Folorunsho Alakija that got the position few months ago from Oprah Winfrey.
Over the past few years Isabel dos Santos, the oldest daughter of Angolan President Jose Eduardo Dos Santos, has been buying more shares of publicly traded companies in Portugal, including shares in a bank and a cable TV company. Those stakes, combined with assets Isabel dos Santos owns in at least one bank in Angola, have pushed her net worth over the $1 billion mark, according to research by FORBES, making the 40-year-old Africa’s first woman billionaire.
What a dramatic displacement, watchout for stiff competition amongst the rich female folks this year.
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