Nelson Mandela net worth:

South African politician Nelson Mandela has an estimated net worth of $1.5 million in 2013. He is best recognized for serving as South Africa’s president from 1994 through 1999 – the first black South African to have been elected into office. Under his tenure, his administration sought to dismantle apartheid’s legacy by dealing with institutionalized poverty, and inequality, as well as in upholding racial reconciliation.

Nelson Rolihlahla Mandela was born on July 18, 1918 in Mvezo, Cape Province, South Africa. After two unsuccessful marriages, he finally settled with Graça Machel in 1998. He has six children named Madiba, Thembekile, Zenani, Maki, Makaziwe and Zindziswa. He has two step-children named Malengani and Josina. Mandela is an alumnus of University of Fort Hare, University of London External System¸University of South Africa, and University of the Witwatersrand.

Former president Nelson Mandela's children and grandchildren are currently active in more than 110 companies, according to company

information, it was reported.

Their wealth was held in a network of at least 24 trusts established by Ismail Ayob, the family's former lawyer, Beeld reported.

Some of the trusts owned several expensive properties in Johannesburg's upmarket neighbourhoods.

Makaziwe Mandela's 3 575-metre-squared house in Hyde Park, for example, was owned by the Makaziwe M Trust and, according to the latest property valuation, was worth about R13.6 million.

However, it was virtually impossible to determine the full extent of the Mandela family's wealth and interests, because of the network of trusts in which the assets were held, as well as the lack of public documentation providing information.

The most recognisable Mandela entrepreneurs were his granddaughters Zaziwe and Zamaswazi (Swati) Dlamini, who had a reality show on TV and had also launched a Mandela clothing range.

Grandson Zondwa Mandela was recently in the news because of his involvement with President Jacob Zuma's nephew Khulubuse Zuma and their association with the controversial Aurora mine.

Company information showed the Mandela children and grandchildren had, over the past two decades, been involved in about 200 companies extending over a wide range of sectors, including real estate, investments, railway engineering, minerals, medical firms, fashion, and entertainment.

Makaziwe, Mandela's eldest daughter, was an active director in 16 companies, including the South African subsidiary of the Swiss multinational food giant Nestlé, a shopping centre in Kimberley, two railway engineering companies, and four companies apparently engaged in mineral exploration.

Zenani Dlamini, Mandela's other daughter and currently South Africa's ambassador to Argentina, was an active director of nine companies.

She was previously associate director of a company with Clinton Nassif, who was implicated in the murder of mining magnate Brett Kebble.

Zondwa Mandela, Khulubuse Zuma, and Zuma's lawyer Michael Hulley were co-directors in Labat Africa.

The three were at one stage directors of the Aurora mine, but Hulley had since resigned.

Nandi Mandela, Mandela's granddaughter, was a co-director in a city planning company Linda Masinga & Associates, which according to the company's website, had completed numerous municipal contracts for municipalities in KwaZulu-Natal.

According to Beeld, Nelson Mandela himself did not possess many assets registered in his own name.

The Nelson Mandela Foundation Trust in 2012 paid R2.9m to "The Founder", slightly more than the R2.8m of the previous year.

As a former president Nelson Mandela also receives a lifelong presidential pension.

Just $1.5 million, he is a true man of honour! No African leader Dead or Alive can boast of such humanly heart as his...

Imagine that!
And this is the man that cow 'Doyin' had the guts to compare with our retardeen of a president...yeye dey smell

1.5mdos .....just money for a new buggatti

Imagine,

And some people have a budget in billions for feeding and do not give a damn for not declaring their assets.

I am pretty sure they will declare their assets in a FUTURISTIC MANNER to reflect what they intend to be worth when they leave office.

As a governor or president with a pension package of salary, residence, retinue of staff and other perks, I have no reason to steal. I will work assiduosly for the good of all, retire, collect this package and prepare for the hereafter.

emmanuelson20: Just $1.5 million, he is a true man of honour! No African leader Dead or Alive can boast of such humanly heart as his...

NONE!!!

Where did he get that 1.5 million dollars from?

ammyluv2002: NONE!!!

Olugbenger...u re a novice and illiterate..so u want to justify ur Obasanjo and Bode george corrupt tendencies.Hw can a sane mind ask such irrational question

APC stakeholder: Olugbenger...u re a novice and illiterate..so u want to justify ur Obasanjo and Bode george corrupt tendencies.Hw can a sane mind ask such irrational question

Wait o! Na me get that yab abi Olugbenger?

adonbilivit
his children has done the needful long time ago

APC stakeholder: Olugbenger...u re a novice and illiterate..so u want to justify ur Obasanjo and Bode george corrupt tendencies.Hw can a sane mind ask such irrational question

cretin, learn to read the article well and comprehend wisely. I only asked that question because of this, actually.

However, it was virtually impossible to determine the full extent of the Mandela family's wealth and interests, because of the network of trusts in which the assets were held, as well as the lack of public documentation providing information.

Madela is exceptional, and a legend. This i agree with, so i will let this idiocy of yours pass in his honour.

ammyluv2002: Wait o! Na me get that yab abi Olugbenger?

It's easy to see and believe it was directed at me.



abi you won help me yab am back?

crackhaus: Imagine that!
And this is the man that cow 'Doyin' had the guts to compare with our retardeen of a president...yeye dey smell

That man should be stoned for saying that.

An average Nigerian state commissioner is richer than this man. Smh. Now I know why all international tv stations had to discontinue with their normal programmes to honor this man.. It has been 'mandela' on tv, radio, social media, everywhere all around the world since yesterday. He deserves everything.

Olugbenger: Where did he get that 1.5 million dollars from?

You do know his networth is chicken change for some of these senators and disgracables in Abuja. Even if na by crook e better pass the one we don see for Aso rock.

Uyi Iredia:

You do know his networth is chicken change for some of these senators and disgracables in Abuja. Even if na by crook e better pass the one we don see for Aso rock.

Would you have said same for buhari if that figure too was confirmed to be his networth?

most part of the money were earned from book sales.

Lol.. And one mofo dey chop 2Billion naira food! Very black fugly piece of Akpu!

To think his Children & Grandchildren were raised via donations, trust funds & help from people shows how outstanding a man & political figure he was to the people & generally to the world. We all know that other African leaders especially our own here do not rely on people's wealth as they have more than enough hidden in their houses, local & foreign accounts embezzled for themselves & generations to come. Great Madiba, Respect To You!!!

Olugbenger:

That man should be stoned for saying that.

Seriously!

He should be drowned, given CPR and then drowned again...just for the fun of it

Olugbenger: Where did he get that 1.5 million dollars from?

Without doing any research on it, things like book deals and movie rights should be more than enough to get to that figure.

He deserves such recognition! You don't have to be a Political thief to be wealthy but a Political Loyalist to the People.