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Mandela leaves $4.1m estate to relatives, staff.

ISLAMABAD -- Nelson Mandela left his roughly $4.1-million estate to his wife Graca Machel, family members, staff, schools and the ANC, according to a summary.

Two months after the death of the 95-year-old South African statesman, lawyers said wife Graca was likely to waive her right to half the estate, opting instead to receive four properties in Mozambique and other assets, Arab News reported.

Royalties from his books and other projects, as well as his homes in Johannesburg, Cape Town, Qunu and Mthatha were left to a family trust. The home in Houghton, Johannesburg where Mandela died on Dec. 5 will be used by the family of his deceased son Makgatho.

"It is my wish that it should also serve as a place of gathering of the Mandela family in order to maintain its unity long after my death," the former statesman wrote.

Mandela's children each received $300,000 in loans during his lifetime and will have that debt scrapped if it has not been repaid. The will was first written in 2004 and last amended in 2008.

Even before his death, Mandela's children and grandchildren frequently clashed over who leads the family and who should benefit from his investments. Several have already put the Mandela brand behind commercial projects including clothing, artwork, a social network and a reality television show.

Executor Dikgang Moseneke, the deputy head of South Africa's Constitutional Court, said the reading of the will to the family had been "charged with emotion" but no one had yet contested it.

Mandela's other bequeathments reflected a life in politics and championing education. Mandela gave around $4,500 each to members of staff, including long-time personal aide Zelda la Grange.

The will also provided around $9,000 each for Wits and Fort Hare universities, and the same amount to three other schools.

The African National Congress, which Mandela led to victory in the first democratic elections in 1994, could receive between 10 and 30 percent of his royalties.

The cash will be used specifically to promote "policies and principles of reconciliation amongst the people of South Africa."

It is unclear if the will can prevent family battles over who controls the Mandela name, which have seen family remains exhumed and reinterred and exhumed and reinterred again.
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Publication:Balochistan Times (Baluchistan Province, Pakistan)
Geographic Code:6SOUT
Date:Feb 5, 2014
Words:377
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