Mandela's Will Splits $4.1M Between Family, Friends, Charity

In the official reading of Nelson Mandela's will, executors disclosed that his estate is worth an estimated $4.1 million.
Posted at 12:57 PM, Feb 03, 2014

Nearly two months after his death, the details of Nelson Mandela's last wishes have now been made public. 

In the official reading of the former South African president's will, executors disclosed that his estate is worth an estimated 46 million rand, or about $4.1 million. (Via BBC)

The anti-apartheid hero's final wishes indicate that his assets are to be split among his family members, former staff, several South African schools and the county's ruling African National Congress. 

Mandela left behind a magnificent home in Johannesburg, a more modest residence in the Eastern Cape, his financial estate and the royalties from the book sales of his autobiography, "Long Walk To Freedom." (Via ITV)

His more than 30 children, grandchildren and great-grandchildren will reportedly receive $300,000 each. While former staffers are reported to receive $50,000. 

Despite what seems to be fairly equal distribution of the wealth, it was widely believed that Monday's reading of Mandela's will would set off squabbling between his family members — although no one immediately contested the terms. (Via Al Jazeera)

The money Mandela left for schools, he wrote, is to provide for scholarships and better educational opportunities — particularly for black South African children. Mandela passed away early last December. He was 95 years old.