Home World Africa news Nelson Mandela will: South Africa’s first black president left $4 million estate

Nelson Mandela will: South Africa’s first black president left $4 million estate

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South Africa’s first black President Nelson Mandela left an estate valued at more than 46 million rand ($4.13 million), a public reading of his will has revealed.

Executor Justice Dikgang Moseneke, summarizing what he said was a 40-page document, said he was “not aware of any contest” to the will.

Close personal staff each get 50,000 rand. Schools Nelson Mandela attended are due to receive 100,000 rand.

Nelson Mandela died in December at the age of 95.

Nelson Mandela left an estate valued at more than 46 million rand

Nelson Mandela left an estate valued at more than 46 million rand

He left behind an estate that includes an upmarket house in Johannesburg, a modest dwelling in his rural Eastern Cape home province and royalties from book sales, including his autobiography Long Walk to Freedom.

Nelson Mandela also left 100,000 rand to each of four other educational institutions, for bursaries and scholarships.

The mood of the Mandela family when the will was read was “charged with emotions but it went well,” said the executor, who added that the Mandela family were “well pleased” by his will.

The family trust will receive 1.5 million rand, plus royalties.


The ANC will also receive some royalties, to be used at the discretion of the party’s executive committee, to spread information about the principles and policies of the ANC, particularly about reconciliation.

There is a 90-day period in which Nelson Mandela will can be contested.

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