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Nelson Mandela Net Worth How much is Nelson Mandela Worth?

Kenyans247 / Entertainment / Celebrities / Nelson Mandela Net Worth How much is Nelson Mandela Worth?

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Nelson Mandela Net Worth How much is Nelson Mandela Worth? by Kenyans247(1): Mon 20, April, 2020 11:50am
Nelson Mandela Net Worth:
$10 Million

Nelson Mandela net worth: Nelson Mandela was a South African politician who had a net worth of $10 million. Nelson Mandela served as President of South Africa from 1994 to 1999. The majority of Mandela's net worth came in the form of book royalties from his best selling autobiography, 1994's "Long Walk to Freedom". When his health was better, Nelson was also a semi-active public speaker. When he was President, Mandela slashed his salary and then on top of that still gave 1/3 of his pay to South African children's charities. Towards the end of his life, Mandela's family waged a fairly bitter war over his wealth. Nelson was married three times and had six children (only three of whom are still living). Eventually Nelson placed the majority of his wealth into more than a dozen different trust funds that would simultaneously benefit his children and prevent them from further bickering. Because of these trusts, Nelson himself was not an extraordinarily wealthy man at the time of his death. A long time friend and lawyer named George Bizos declared in April 2013: "If anyone suggests he's a multi-millionaire, they're wrong. He's not a rich man. He has a couple of trusts for his children and grandchildren. His earnings are technically nil, other than the goodwill of people inside and outside South Africa who helped with the education of the children. He has always insisted that money donated should be used for building schools and hospitals". So the question of Nelson Mandela's exact personal net worth when he died is a bit of a grey area.

Before being elected South Africa's first black president, Nelson Mandela spent twenty-seven years in jail as a political prisoner. Prior to being imprisoned, Mandela was a leading member of the African National Congress (ANC), South Africa's political party which opposed the country's white minority government and its racial separation policy known as apartheid. The ruling government outlawed the ANC in 1960. Two years later Mandela was jailed, and in 1964 he was convicted of treason and sentenced to life in prison. He served his sentence with patience and instead of completely disappearing, Mandela turned into a prison-bound martyr and worldwide symbol of resistance to racism. It was South African President F.W. de Klerk who finally overturned the ban on the ANC and set Mandela free in 1990. Once released, Nelson Mandela made a good use of his wisdom and stature by dismantling apartheid and forming a new multi-racial democracy. For the cause, Mandela and de Klerk were both awarded the Nobel Peace Prize in 1993. One year later, he was elected the South Africa's president in 1994. He led the nation until 1999, when his deputy Thabo Mbeki took the president seat. Nelson Mandela died on December 5th, 2013 at the age of 95.

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