Nelson Mandela will: £2.5m estate to be shared by family, staff, schools and ANC

The late South African President's will was read on Monday

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The Independent Online

Nelson Mandela has left behind a 46 million South African rand (£2.5 million) estate to his family, members of staff, schools that he attended, and the African National Congress.

The Mandela family's trust is worth 1.5 million rand (£79,603) and will provide for more 30 children, grandchildren and great-grandchildren that he left when he died in December, aged 95.

His former schools the Wits and Fort Hare Universities are expected to receive 100,000 rand(£5,506) for bursaries and scholarships.

Money to the ANC is to be used at the discretion of the party’s executive committee, with a stress on spreading information on reconciliation.

Close personal staff, including long-time personal aide Zelda la Grange, each get 50,000 rand (£2,753)

Deputy Chief Justice Dikgang Moseneke confirmed the provisional amount on Monday.

Mr Mandela’s family have accepted the 40-page will, first written in 2004 and amended in 2008, with no contestation so far.

Graca Machel, his third wife, may waive her claims to the estate, Mr Moseneke said.

Mr Mandela's estate includes an upscale 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.

Some of his grandchildren have started a line of caps and sweatshirts that feature his image under the brand Long Walk to Freedom, while two of his US based granddaughters starred in a reality television show called Being Mandela.

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