Nelson Mandela's will read: was worth $4.1million
The will of former South African
President and world hero, Nelson
Mandela was read to his family
members today February 3rd.
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.
President and world hero, Nelson
Mandela was read to his family
members today February 3rd.
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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