JOHANNESBURG (Reuters) - Former South African President Nelson Mandela has left his $4.1 million estate to family members, the ruling African National Congress, former staff and several local schools, according to a reading of his will on Monday.
Deputy Chief Justice Dikgang Moseneke told reporters the division of the estate - provisionally valued at 46 million rand excluding royalties - had been accepted by Mandela's family earlier on Monday with no contestation so far.
Mandela's third wife, Graca Machel, may
waive her claims to the estate, Moseneke said at a news conference where he
summarised parts of Mandela's 40-page will.
Moseneke said some of the estate would be
split between three trusts set up by Mandela, including a family trust designed
to provide for his more than 30 children, grandchildren and
great-grandchildren.
The reading of Mandela's will was
expected to set off another round of squabbling among members of his large and
factious family over the anti-apartheid hero's financial legacy.
Mandela, who died in December at the age
of 95, left behind an estate that 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".
More visibly, his legacy includes a
potent political and moral brand that some of his grandchildren and
great-grandchildren have already used to market everything from clothing to
reality TV.
Some of his grandchildren have started a
line of caps and sweatshirts that feature his image under the brand "Long
Walk to Freedom". Two of his U.S.-based granddaughters starred in a
reality television show called "Being Mandela".
Such aggressive marketing - as well as
reports of fighting among family members over Mandela's money - have fuelled
the impression in South Africa that some of the family members have exploited
their famous relative.
Reuters
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