Isabel Dos Santos has been described as "Africa's richest woman." Questions remains about how she generated her wealth and how assets were acquired. The UK has frozen some of her assets, but she has stated her innocence related to criminal activity. Isabel being the daughter of the former Angolan president did have certain advantages. Isabel had investments in numerous banks and one telecommunications firm. President Jose Edurado dos Santos made her head of Sonangol. This is an important oil firm in Angola. Isabel Dos Santos was removed by the new administration in 2017. Isabel Dos Santos was charged with embezzlement and money laundering by Angolan courts. There is indication that some of these assets were gained through illegal means and a system of nepotism. The heaight of her fortune was around 2013 to 2015. Isabel Dos Santos has lost some wealth and according to Forbes rankings was removed from their list in 2021. Based on their sources her net work was $1.4 billion in 2020. The asset freezes probably did not make much on an impact. This does not account for hidden funds. Isable Dos Santos is considering running for president of Angola. The intention could be to use the office to enrich herself and reestablish Santos influence in government. The average Angolan does not see a dramatic increase in income, but Isabel used family and government connections to become a billionaire. The MPLA used to support socialism and Marxist-Leninist ideology. The ironic situation is that a billionaire could possibly run for president of Angola. Angola has gone though a similar transformation that China did after the end of Maoism. Isabel Dos Santos is a product of this economic shift.
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