Thursday, Oct 23, 2014

Mandela’s will worth $4.1 million, nothing for Winnie

A reflection is seen on a painting of former South African president Nelson Mandela by British artist Richard Stone, at a art exhibition in his honor at Cape Town. Twenty two artists paid tribute to Nelson Mandela, creating art accessible to a wide audience.(AP photos) A reflection is seen on a painting of former South African president Nelson Mandela by British artist Richard Stone, at a art exhibition in his honor at Cape Town. Twenty two artists paid tribute to Nelson Mandela, creating art accessible to a wide audience.(AP photos)
Associated Press | Johannesberg | Posted: February 4, 2014 11:22 am | Updated: February 4, 2014 12:17 pm

Nelson Mandela’s estate, worth roughly $4.1 million, will be shared between his family, members of his staff, schools that he attended and the African National Congress, the movement that fought white rule and now governs South Africa, the will’s executors said Monday.

Mandela’s third wife, Graca Machel, is the main beneficiary of the will because their marriage was “in community of property” and she therefore has the right to half his estate, as long as she claims it within 90 days, said executor Dikgang Moseneke, who is also deputy chief justice of the Constitutional Court. Graca Machel’s first husband, President Samora Machel of Mozambique, died in a plane crash in 1986.

Mandela’s ex-wife, Winnie Madikizela-Mandela, was not mentioned in the will. The couple divorced in 1996.

Moseneke said he is not aware of any challenges to the provisions of the will. Mandela, a prisoner during white racist rule who became South Africa’s first black president, died Dec. 5 at age 95.

Moseneke outlined a “provisional inventory” of 46 million South African rand, or $4.1 million, but cautioned the amount could change as the will is studied more carefully. The document was drawn up in 2004, and was amended in 2005 and 2008. Two other executors are George Bizos, a human rights lawyer and longtime friend of Mandela, and Themba Sangoni, a chief judge from Eastern Cape province, Mandela’s birthplace.

Earlier Monday, the will was read in its entirety to members of Mandela’s family.

“It went well,” Moseneke said at a news conference. “There were clarifications sought from time to time.”

Last year, while Mandela’s health was in decline, his family was involved in a number of high-profile disputes.

South Africa Mandela _KumaSome members so ught to dislodge Bizos and other directors of two companies whose proceeds are supposed to benefit the Mandela family. Separately, Mandla Mandela, a grandson of the anti-apartheid leader, fell out with family members because he had moved the remains of the patriarch’s three deceased children to a different gravesite. A court order forced him to return the remains to Qunu, where Nelson Mandela grew up and where he was buried Dec. 15.

In the will, Mandela said he had already given $300,000 to his three surviving children. He bequeathed amounts to his grandchildren ranging from $9,000 to $300,000, and the beneficiaries include Graca Machel’s two children with Samora Machel. Mandela gave $4,500 each to nine staff continued…

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