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Main beneficiaries from Nelson Mandela’s will

Published on February 03, 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.