The world’s population can be put into three wealth brackets. We have people surviving with less than a dollar a day, the middle-class people, and the uppermost bracket that belongs to the world’s dollar billionaires. Individuals in the uppermost bracket do not only stand far from the rest of the population, but also most people look up to them for inspiration and guidance.
For many years, white males have dominated the list of world billionaires. However, this pattern has been changing slowly over the years, and we see new faces in the billionaires’ list. Isabel dos Santos, a celebrated African entrepreneur, is among the latest entrants into the record. She is among the 11 black billionaires, of the 2,043 billionaires in the world. Visit Isabel Dos Santos on her youtube channel.
How does the rise of black billionaires affect wealth gap?
History, people who reside close to influential people, tend to benefit from the trappings of power than others. Money is a powerful tool that can be used to transform people and societies. So, as more black entrepreneurs rise to become billionaires, it is only natural that people in their households and communities will begin benefiting from their success. Such a situation can help to create more successful entrepreneurs from underdeveloped countries.
This is precisely what Isabel dos Santos and other successful entrepreneurs are doing in Africa. As a leader in the African business community, Isabel dos Santos strives to take opportunities to her motherland. She is a frequent speaker in many economic forums around the globe, and her message revolves around promoting development in Africa and empowering the underprivileged.
Isabel believes that taking development to Africa can help to solve the various problems facing the continent, including poor infrastructure and poor telecommunications. Isabel also believes that taking technological development to Africa can increase economic opportunities just like in wealthy nations.
Isabel dos Santos doesn’t just talk; she has stepped her foot on the ground to ensure that she walks the talk. She is the biggest shareholder in Unitel, Angola’s largest telecommunication company. Unitel has revolutionized communication in Angola and also contributed to infrastructure upgrade across the country. Unitel is also one of the biggest employers in Angola with over 50,000 employees. Read more: https://jornalf8.net/tag/isabel-dos-santos/