Isabel dos Santos, Africa’s Richest Woman & Wealthy UK Neighbours At Loggerheads - |Ads4naira Blog|

Isabel dos Santos, Africa’s Richest Woman & Wealthy UK Neighbours At Loggerheads

Africa’s richest woman has been revealed
as the owner of a £13million home in one of
London’s most exclusive areas that has
caused anguish for neighbours.
Isabel dos Santos, the daughter of Angola’s
controversial former president Jose Eduardo
dos Santos, plans to demolish the house
and rebuild it as an ‘iceberg’ mansion.
She has been given permission to raze the
property and construct a four-storey home
in its place, complete with an underground
swimming pool complex.
Mrs dos Santos, 46, also plans to install a
hot tub, wine cellar, massage room and
walk-in safe underneath the sprawling home
in Kensington, west London.
But the plans caused fury among wealthy
neighbours, with one resident claiming the
proposal would ‘create resentment,
divisiveness and poor community feeling’.
The revelation, unearthed by ‘Finance
Uncovered’, that she owns the luxury home
is likely to stoke widespread concerns about
the origin of Mrs dos Santos’ wealth.
Despite presenting herself as a self-made
entrepreneur who rubs shoulders with the
A-list elite, opponents have described her
as the beneficiary of kleptocracy in Africa.
The majority of her nearly £2billion wealth
was amassed while her father Jose
Eduardo, 76, served as ruler of Angola for
38 years.
Critics of dos Santos claim he murdered
many politicians, journalists and others
during his spell in power.
He was also accused of monopolizing and
exploiting oil and diamond resources and
seizing control of almost all aspects of
government power.
Critics further claim his daughter Isabel
acquired her own fortune by using her
family’s power to take stakes in firms doing
business in Angola, where many people live
on as little as $2 a day.
Angola, a country of 18 million people, lies
on the western coast of southern Africa and
is rich in diamonds and oil.
The country was wracked by 27 years of
civil war which finally ended in 2002,
leading to a huge jump in oil revenues from
$3 billion in 2002 to $66 billion in 2008.
Transparency International, the NGO that
investigates government fraud, recently
ranked Angola 165th out of 180 countries in
its corruption perception index.
Mrs dos Santos studied engineering at
King’s College, London, before opening her
first business at the age of 24, a restaurant
called ‘Miami Beach’.
Amid rumours that she has invested in
properties in London, it has now been
revealed how she bought the Kensington
home for £8.65million in 2007.

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