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Nelson Mandela Net Worth by naijasofamerica(f): 1:20pm On Dec 07, 2013 |
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. 1 Like
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Re: Nelson Mandela Net Worth by naijasofamerica(f): 1:21pm On Dec 07, 2013 |
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. 2 Likes
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Re: Nelson Mandela Net Worth by Cooldude001: 1:23pm On Dec 07, 2013 |
A man with a special heart! 4 Likes |
Re: Nelson Mandela Net Worth by emmanuelson20: 1:26pm On Dec 07, 2013 |
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... 4 Likes |
Re: Nelson Mandela Net Worth by crackhaus: 1:30pm On Dec 07, 2013 |
Imagine that! And this is the man that cow 'Doyin' had the guts to compare with our retardeen of a president...yeye dey smell ![]() 5 Likes |
Re: Nelson Mandela Net Worth by talk2tosep(m): 1:42pm On Dec 07, 2013 |
1.5mdos .....just money for a new buggatti ![]() |
Re: Nelson Mandela Net Worth by citizenY(m): 1:42pm On Dec 07, 2013 |
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. 3 Likes |
Re: Nelson Mandela Net Worth by ammyluv2002(f): 2:08pm On Dec 07, 2013 |
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!!! 2 Likes |
Re: Nelson Mandela Net Worth by Olugbenger(m): 2:18pm On Dec 07, 2013 |
Where did he get that 1.5 million dollars from? ![]() 1 Like |
Re: Nelson Mandela Net Worth by APCstakeholder(m): 4:15pm On Dec 07, 2013 |
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 1 Like |
Re: Nelson Mandela Net Worth by ammyluv2002(f): 4:30pm On Dec 07, 2013 |
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 questionWait o! Na me get that yab abi Olugbenger? ![]() |
Re: Nelson Mandela Net Worth by DonHummer(m): 4:32pm On Dec 07, 2013 |
adonbilivit ![]() his children has done the needful long time ago |
Re: Nelson Mandela Net Worth by Olugbenger(m): 5:00pm On Dec 07, 2013 |
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. ![]() 4 Likes |
Re: Nelson Mandela Net Worth by Olugbenger(m): 5:04pm On Dec 07, 2013 |
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? ![]() ![]() ![]() |
Re: Nelson Mandela Net Worth by Olugbenger(m): 5:07pm On Dec 07, 2013 |
crackhaus: Imagine that! That man should be stoned for saying that. ![]() ![]() ![]() |
Re: Nelson Mandela Net Worth by kokoA(m): 8:02pm On Dec 07, 2013 |
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. 2 Likes |
Re: Nelson Mandela Net Worth by UyiIredia(m): 8:49pm On Dec 07, 2013 |
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. |
Re: Nelson Mandela Net Worth by Olugbenger(m): 11:09pm On Dec 07, 2013 |
Uyi Iredia: Would you have said same for buhari if that figure too was confirmed to be his networth? |
Re: Nelson Mandela Net Worth by zeelo2014: 1:54am On Dec 08, 2013 |
most part of the money were earned from book sales. |
Re: Nelson Mandela Net Worth by Brimmie(m): 8:13am On Dec 08, 2013 |
Lol.. And one mofo dey chop 2Billion naira food! Very black fugly piece of Akpu! ![]() 1 Like |
Re: Nelson Mandela Net Worth by naijasofamerica(f): 12:59pm On Dec 08, 2013 |
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!!! 3 Likes |
Re: Nelson Mandela Net Worth by crackhaus: 5:17pm On Dec 08, 2013 |
Olugbenger:Seriously! ![]() He should be drowned, given CPR and then drowned again...just for the fun of it ![]() |
Re: Nelson Mandela Net Worth by Nobody: 6:46pm On Dec 08, 2013 |
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Re: Nelson Mandela Net Worth by 4Play(m): 6:58pm On Dec 08, 2013 |
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. |
Re: Nelson Mandela Net Worth by emmanuelson20: 8:36pm On Dec 08, 2013 |
He deserves such recognition! You don't have to be a Political thief to be wealthy but a Political Loyalist to the People. |
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