Isabel Santos is now the richest black woman replacing Folorunsho Alakija

Earlier this morning, Forbes gathered a recent report on a woman (Isabel�dos Santos) who is now�believed�to be the richest black woman�in the world, displacing the Nigerian�business�mogul, Folorunsho Alakija that got the position few months ago from Oprah Winfrey.

Over the past few years Isabel�dos Santos, the oldest�daughter of�Angolan President Jose Eduardo�Dos Santos, has been buying more shares of publicly�traded�companies in�Portugal, including shares in a bank and a�cable TV company. Those stakes, combined with assets Isabel�dos Santos�owns in at least one bank in Angola, have pushed her net worth over the $1 billion mark, according to research by FORBES, making the 40-year-old Africa’s first woman billionaire.

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