Skip to main content
  1. News
  2. Top News

Mandela estate worth over $4.1M CAD

See also

Most of the $4.1M CAD estate of late South African President Nelson Mandela will be left to the children and grandchildren of his first and second wife, a copy of his last will and testament released Monday said.

Winnie Mandela married to Nelson for 38 years, 27 of which while he was imprisoned, was left out, a copy of the will, dated October 12, 2004, shows.

His third wife, Graça Machel, gets the properties, cars, jewellery, and artifacts and works from his Houghton family residence. She has rights to half of the estate if she claims it within three months, the document said.

Houghton is a wealthy suburb just northeast of Johannesburg—the South African capital—which houses the Mandela family residence and headquarters of his foundation.

He expressed his wish for the family residence to be used ‘As a place of gathering of the Mandela family in order to maintain its unity long after my death,” in his final testament.

“I am particularly concerned about the educational needs of the children of Qunu in respect of scholarships and bursaries,” the will and testament said.

Thousands will eventually be given to schools which he attended in his childhood on behalf of his estate. South Africa's first black president died on December 5 at the age of 95.

Advertisement

News

  • Israel, Hamas clash in Gaza
    Hamas claims to have captured an IDF soldier on the bloodiest day of the conflict
    Video
    Video
  • Missing bodies
    38 bodies have not been found from the MH17 debris field in eastern Ukraine
    World News
  • Peeping Toms in NSA?
    Has the NSA seen you naked? Edward Snowden says it's not unlikely
    NSA
  • Autism study
    The newest, largest study on autism suggests that it mostly has to do with genetics
    Science
  • McIlroy takes Open
    Rory McIlroy hangs onto the lead and wins the 2014 British Open
    Sports
  • $23 billion payout
    A jury sides with the widow of a smoker, tobacco company shells out $23 billion
    Headlines