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Tuesday, February 4, 2014

Mandela Lives $4.13m Estate For The Family.


South Africa’s former President Nelson Mandela left an estate provisionally valued at 46m rand ($4.13m; £2.53m).  The Mandela family trust will receive $130,000, plus royalties.
Others to benefit include the governing ANC, personal staff and several schools.  Mandela’s third wife, Graca Machel, was likely to waive her claims to the estate, the executors said, although she is entitled to half of it. He died in December, aged 95.  The former president 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.

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