Nelson Mandela, the former South African President, has left his $4.1 Million estate to family, several local schools, former staff and the African National Congress, which currently happens to be in power.
What do Latest Reports Say?
Reports started trickling in after a formal announcement based on the anti apartheid hero’s last will. Another set of talks is expected by his family members, to take a larger chunk of his family estate.
According to Deputy Chief Justice Dikgang Moseneke – who is not aware of this matter, “I m not aware of any such controversy, even though division of property is clearly mentioned in the Nobel Peace Prize laureate’s last will. The mood is charged with emotions.
Hence, it is unwise to comment on the situation at this moment. Graca Machel, Mandela’s third wife, is entitled to half of his property, according to Marital Laws in South Africa. However, it could not be granted owing to Nelson Mandela’s will.
Basic Overview:
Machel however has not taken any concrete decision so far, considering present situations. Some say that Mandela’s estate will be split up between his extended family, including 30 children, grand children and their children, along with three trusts, owned by Mandela.
Each of Mandela’s children, along with a few of his grandchildren, received $300,000. While the Johannesburg house, will go to his deceased son Makgatho’s offspring. Mandela’ political home – the ANC – will receive a portion of royalties, commercial outlets using his name and books.
We are yet to receive confirm reports of proceedings here, while Zelda Le Grange, Mandela’s long term PA, could receive 50,000 Rand. When contacted, Xoliswa Ndoyiya, Mandela’s long term chef said, “I am extremely happy as I had not thought of Tata leaving me anything”.
Current Proceedings:
Mandela expired at the age of 95 in December 2013 and is remembered world over as a philanthropist. He owned a series of sizeable dwellings, which will not be distributed according to his last wishes.
We however anticipate sibling rivalry while possession and will keep you posted with regular updates. Nelson Mandela’s reputation has been used wisely by some of his sons and grandsons, who have been able to sell everything from TV sets to clothes, using his name.
Some of his grand children have started a line of sweatshirts and caps, which are a hit in the US and other countries around the world. Such aggression over family property and brand name, has forced many to think that some of Mandela’s family members are trying to exploit the late hero’s finances.