In the business world, many factors influence the prosperity of an investor. For starters, they must be able to identify the different opportunities that are around them. Additionally, they must always be ready to make the necessary risks. As always, business is unpredictable. At the moment, investors such as Isabel dos Santos are reaping the fruits of their labor since they enacted on each chance they got to invest in different areas. Forbes has also recognized her since her business empire is worth billions.
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An Overview of Isabel dos Santos
In 2019, Isabel was listed as the eighth most affluent investor from Africa. She is from Angola. In 2018, she was in position nine, of which this is a significant improvement. Many factors contributed to her rise in the Forbes list. One of these factors includes the economic crisis that has affected Africa. For starters, the currency grew weak. The companies where these investors have shares also incurred a drastic drop in the stock prices. As a result, the net worth of Isabel dos Santos and other African investors was also affected.
Some of these changes led to a decrease in the number of billionaires on the Forbes Africa list. In 2018, there were 23 billionaires on the list. There are only 20 billionaires in the Forbes Africa list in 2019. Besides the losses incurred, Isabel dos Santos is at least happy that she is the wealthiest female investor in the African region.
Isabel was worth $2.7 billion in 2018. In 2019, the losses she incurred were worth $0.4 billion, and she is currently worth $2.4 billion. The shared that she had at Galp, Nos, and Unitel decreased in value. Other people who have also been affected include Aliko Dangote. For eight years, he has maintained the first position in the Forbes Africa list of billionaires. He has many companies including Dangote Cement. The stock prices of all the firms were affected, and the results could reflect on his current net worth. Despite being worth $8.9 billion, Dangote underwent a loss worth approximately $2 billion. Folorunsho is also an African investor, and she is from Nigeria. She is also happy to be listed alongside Isabel dos Santos as a successful investor.