Here are the extracted fact about the wealth of late president of the SA, he has been said to worth $4.1million. His will was read 3rd of feb and below are the condition of the will
Reading the 40 page will, Deputy Chief Justice Dikgang Moseneke said
Mandela’s third wife, Graca Machel, is entitled to half the estate under
South African marital law but could waive her claims and opt for
specified assets that include properties in her native Mozambique.
Machel has not made a decision on whether to weave her rights, Moseneke
said.
The will directs that each of his children and some of his
grand-children are to receive $300,000. His upscale Johannesburg house,
where he spent most of his life after being freed from apartheid prison,
would be home to his deceased son Makgatho’s children.
His longtime domestic staff including his personal assistant, Zelda Le Grange, also shared in the fortune with 50,000 rand each.
Mandela’s Political Party, the ANC, is to receive royalties from his
political books and testimonial adverts. The monies is expected to help
propagate the ideologies of the party.
Local Schools in South Africa he attended as well as the Wits and
Fort Harte Universities also benefited from his will as funds were
provided which would be given as bursary and scholarship to students.
The will, which was first written in 2005 and amended in 2008, is open for contest within 90 days.
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