The will of the former South African President Nelson Mandela (pictured), who passed away last December, was read on Monday by his attorneys, and reportedly, the iconic leader divvied up an estimated $4.1 million amongst his family, the country’s African National Congress (ANC), and several local schools for scholarships, according to the Daily Mirror.
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Deputy Chief Justice Dikgang Moseneke held a press conference Monday, telling reporters that the 40-page will was not contested by Mandela’s family members. There is talk, however, that Mandela’s third wife, Grace Machel, may waive her claims to the estate.
The estate is reportedly split into three trusts, including a family one for the Nobel Peace Prize winner’s 30 children, grandchildren, and great-grandchildren.
There was a belief that there would be dissension among a few members of the Mandela clan once the will was read. In fact, reports of fighting among family members over Mandela’s assets fueled headlines for quite a while last year. There were also reports of heirs trying to profit from his image and likeness and speculation over the motives of legal advisers.
In spite of those reports, the will was not contested by Mandela’s family, although they still have 90 days in which to change their minds.
Mandela, who was 95 when he passed away, left behind a mansion in Johannesburg, a home in an Eastern Cape province, and royalties from his autobiography, “Long Walk to Freedom.”
There are family members, who have already begun a line of caps and sweatshirts that feature Mandela’s image under the brand of his autobiography. Two of his granddaughters, who live in the United States, also starred in a TV reality show entitled, “Being Mandela.”
Reportedly, there are more money-making marketing plans coming down the pike for the extensive Mandela clan.
Mandela Leaves $4 Million To Family, Staff And ANC was originally published on newsone.com