By Sandra Birungi

Isabel Dos Santos was named the first female billionaire by Forbes who owns a $385 million share in ZON Multimedia and nearly $470 million share on the company’s board.

She was born Isabel José dos Santos in April 1973 in Baku, Azerbaijan SSR, USSR. Isabel Dos Santos is the eldest daughter of the Angola president, President José Eduardo dos Santos.

Isabel’s mother, Tatiana Kukanova is Azerbaijan and was the president’s first wife.

She studied electrical engineering and business management in London were her mother lived.

The first female billionaire is married to Sindika Dokolo from Democratic Republic of the Congo whom she met in London. Dokolo is a son of a millionaire from Kinshasa and a Danish wife whom they married in 2003, in Luanda.

Her first business was opened in 1997 at 24. It was a night club called Miami Beach Club on Luanda Island. She later 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. She managed to create several holdings, in Angola and mostly abroad, and to make substantial investments in a series of prestigious enterprises, especially in Portugal.

She owns several shares in companies and other companies of which are Unitel International Holdings BV (based in Amesterdam, company-vehicle for Isabel dos Santos’ investment in ZON Multimedia), 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).

In shares, she wwns 28.8% share of Zon, a Portuguese media firm, worth $385m, 19.5% of Portuguese bank Banco BPI, worth $465m, 25% of Angola’s Banco BIC, worth an estimated $160m and an alleged to be a 25% shareholder of Angolan telecom firm Unitel.

There is not much known about her personal life. She is aged 40.