Mandela Wills Half His Estate To His Wife, Graca

Nelson Mandela bequeathed half of his roughly $4.1-million estate, including four properties in Mozambique, to his wife Graca Machel, according to a summary of his will released Monday.

According to the will, royalties from his books and other projects, as well as his homes in Johannesburg, Qunu and Mthatha were left to a family trust.

The home in Houghton, Johannesburg where Mandela died on December 5 will be used by the family of his late son, Makgatho.

Read this also:  INTERVIEW: Nigeria's entire education sector is a madhouse, says Itodo Anthony

“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.

Read this also:  Two Boko Haram detainees bag 50, 60 years jail terms for refusing to denounce sect

Mandela gave around $4,500 each to members of staff, including long-time personal aide, Zelda la Grange.

The will also gave around $90,000 each to 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, will receive a portion of his royalties.

Read this also:  Yari, Zamfara governor, stays away from state despite massive killings

There was no mention of his former wife, Winnie, in the will.

The will was first written in 2004 and last amended in 2008.

Comments

comments

Comment on this: