[Joga Bonito]

There's another female billionaire in Africa, named Isabel Dos Santos who basically made her fortune by cutting unscrupulous deals with illegal diamonds and arms dealers in addition to a host of other rackets in Angola. She was actually the first female billionaire in Africa and is worth about 3 Billion dollars. Forbes did an article exposing her while back, and details her dealings in diamonds, oil, telecoms, and cement to name a few. People are justified to be skeptical of the ill-gotten wealth of some of these billionaires.

Quote:

The real story, however, is how Dos Santos–the oldest daughter of Angolan President José Eduardo dos Santos–acquired her wealth. For the past year FORBES has been tracing Isabel dos Santos’ path to riches, reviewing a score of documents and speaking with dozens of people on the ground. As best as we can trace, every major Angolan investment held by Dos Santos stems either from taking a chunk of a company that wants to do business in the country or from a stroke of the president’s pen that cut her into the action. Her story is a rare window into the same, tragic kleptocratic narrative that grips resource-rich countries around the world.


For President Dos Santos it’s a foolproof way to extract money from his country, while keeping a putative arm’s-length distance away. If the 71-year-old president gets overthrown, he can reclaim the assets from his daughter. If he dies in power, she keeps the loot in the family. Isabel may decide, if she is generous, to share some of it with her seven known half-siblings. Or not. The siblings are known around Angola for despising one another.

“It is not possible to justify this wealth, which is shamelessly displayed,” former Angolan prime minister Marcolino Moco tells FORBES. “There is no doubt that it was the father who generated such a fortune.”

http://www.forbes.com/sites/kerryadolan/...est-woman/