Graca Machel Formally Waives Right To $4.3 Million Nelson Mandela Estate

Graca Machel Formally Waives Right To $4.3 Million Nelson Mandela Estate

By Ekemini Ekwere | News Reporter on March 26, 2014
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Graca Machel
Graca Machel, widow of Nelson Mandela

Graca Machel, widow of Nelson Mandela, has given up her right to half of his more than $4 million estate, an executor of his will said Tuesday, March 25, 2014.

The late Mandela, who was married to his third wife, Graca for 15 years, left several assets to her on condition that she forfeit her right to the estate.

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“I confirm that Mrs Machel has formally and in writing accepted the benefits bequeathed to her in the last will and testament of former president Mr N. R. Mandela,” executor Dikgang Moseneke said.

Mandela and Machel had been married for 15 years “in community of property”, which under South African law meant she had the right to half his estate.

She will now receive four properties in her native Mozambique as well as cars, art work, jewellery, and other assets.

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