Home News Main beneficiaries from Nelson Mandela’s will

Main beneficiaries from Nelson Mandela’s will

Published on 03/02/2014

Almost 50 people or institutions are named as beneficiaries in former South African president Nelson Mandela's will, according to an executive summary.

The main beneficiaries are:

– Wife Graca Machel, who is entitled to 50 percent of his estate, worth at least $4.1 million. She is likely to waive that right in favour of receiving four properties in Mozambique, cars, art work, jewellery and other assets.

– Mandela’s children each get around $300,000, or if they borrowed that amount from him during his lifetime, have their debts annulled.

– Graca’s children — Mandela’s step-children — Josina Machel and Malengane Machel each get around $270,000.

– Mandela’s four grandchildren via late son Makgatho will each receive $300,000 and will have the use of his home in Houghton, Johannesburg.

– The African National Congress (ANC), gets between 10-30 percent of royalties from his various projects.

– Mandela’s home in his boyhood village of Qunu will be made available to the Mandela family at large and his widow Graca Machel as well as her two biological children.

– Grandchildren from his first marriage to Evelyn Mase and second marriage to Winnie Madikizela-Mandela each get $9,000. It was not immediately clear if anything had been bequeathed to Winnie.

– Staff members including long time personal assistance Zelda la Grange get $4,500 each.

– Schools and universities he attended and shaped his political life were each granted $9,000.