Mandela's Assets Inherited  

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  • Military officers remove a South African flag from former South African President Nelson Mandela's casket at his burial site following his funeral service in Qunu, South Africa, Sunday (15/12). AP/SABC

    Military officers remove a South African flag from former South African President Nelson Mandela's casket at his burial site following his funeral service in Qunu, South Africa, Sunday (15/12). AP/SABC

    TEMPO.CO, Jakarta - Nelson Mandela has left his roughly US$ 4.1 million estate to his wife Graca Machel, family members, staff, schools and the African National Congress.

    Two months after the death of the 95-year-old South African statesman, lawyers said on Monday, February 3, 2014, that Graca Machel was likely to waive her right to half the estate, opting instead to receive four properties in Mozambique and other assets.

    AFP news agency reported, as quoted by Al Jazeera on Monday, February 3, 2014, that Mandela's wealth that were originated from royalties and other projects, as well as his homes in Johannesburg, Cape Town, Qunu and Mthatha were left to a family trust.

    Mandela's  home in Houghton, Johannesburg where he died on December 5, 2013, will be used by the family of his deceased son Makgatho.

    "It is my wish that it should also serve as a place of gathering of the Mandela and Machel family in order to maintain its unity long after death," Mandela wrote.

    Mandela's children each received US$300,000 in loans during his lifetime and will have that debt scrapped if it has not been repaid. The will was written in 2004 and renewed in 2008.

    AL JAZEERA | CHOIRUL