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Tuesday, February 4, 2014

Nelson Mandela's $4.1m will read, leaves half to 3rd wife & nothing to Winnie Mandela

                             
The will of former South African president and world hero, Nelson Madiba Madela, was read yesterday February 3rd, 2014, to his family members by Deputy Chief Justice Dikgang Moseneke with Mandela's ex-wife, Winnie, totally left out.

Reading the 40 page will, Justice Moseneke stated that Mandela's third wife, Graca Machel, is entitled to half the estate under South African marital law but could waive her claims and opt for specified assets that include properties in her native Mozambique. The will directs that each of his children and some of his grand-children are to receive the sum of $300,000 each. His upscale Johannesburg house, where he spent most of his life after being freed from apartheid prison, would be home to his deceased son Makgatho's children.

His longtime domestic staff including his personal assistant, Zelda Le Grange, also shared in the fortune with 50,000 rand each.
Mandela's Political Party, the ANC, is to receive royalties from his political books and testimonial adverts. The monies is expected to help propagate the ideologies of the party.

Local Schools in South Africa he attended as well as the Wits and Fort Harte Universities also benefited from his will as funds were provided which would be given as bursary and scholarship to students.

The will, which was first written in 2005 and amended in 2008, is open for contest within 90 days.


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