Here Are The Only Two Women Billionaires In Africa, According To Forbes!!

Here Are The Only Two Women Billionaires In Africa, According To Forbes!!

Africa, Business 2 Comments 438

The annual Forbes billionaire rich list has been published, listing the number of people who have accumulated a minimum fortune of $1 billion in the past year.

So who are Africa’s richest women, and how many of them are there? Here’s your guide to the Forbes female billionaires on the continent:

1. Isabel dos Santos

Country: Angola
Source Of Wealth: Investments
2017 Net Worth: $3.2 Billion
2017 Africa’s Billionaires Rank: 8

LAGOS, NIGERIA – DECEMBER 27: Folorunsho Alakija attends the Diamond Collection By Folake Majin Fashion Show at Iko Hotel and Suites on December 27, 2012 in Lagos, Nigeria. (Photo by Bennett Raglin/Getty Images)

Isabel dos Santos is the oldest daughter of Angola’s longtime president and, by virtue of her investments in Portugal and Angola, Africa’s richest woman.

Though her representatives deny that her holdings have any connection to her father, President Jose Eduardo dos Santos, FORBES research found that he transferred stakes in several Angolan companies to her. In June 2016, he appointed her the head of Sonangol, Angola’s state oil firm.

2. Folorunsho Alakija

Country: Nigeria
Source Of Wealth: Oil, self made
2017 Net Worth: $1.6 Billion
2017 Africa’s Billionaires Rank: 14

LAGOS, NIGERIA – DECEMBER 27: Folorunsho Alakija attends the Diamond Collection By Folake Majin Fashion Show at Iko Hotel and Suites on December 27, 2012 in Lagos, Nigeria. (Photo by Bennett Raglin/Getty Images)

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2 Comments

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