Nelson Mandela Net Worth : $10 million
South African Politician
Source of Wealth
Date of Birth
July 18, 1918
Acquired Bachelor’s degree in Arts from Fort Hare University and did LLB from the University of South Africa
6 (Only 3 are still alive)
Nelson Mandela’s Income & Total Net Worth
Nelson Mandela, with a net worth of $10 million, is a South African politician. He gained his net worth through a successful political career. He is the former President of South Africa. He is considered to be one of the world’s most admirable and greatest political leaders. Mandela is renowned for receiving Noble Peace Prize in 1993. He is regarded as the first black South African to hold the political position. From 1991 to 1997, he served as the President of the ANC (African National Congress). He also worked as the Secretary-General of the Non-Aligned Movement. Throughout his life, Mandela has been honored with more than 250 awards. In South Africa, he is regarded as “Madiba” in South Africa. He is also characterized as “The Father of the Nation”.
Properties: Private Fortune
Nelson’s personal riches include a luxurious mansion in Houghton, Johannesburg in South Africa.
He also owns a house in Qunu, a small village in South Africa.
Nelson Mandela’s Career
He began his political career by joining the ANC (African National Congress) in 1944. He assisted in the formation of the ANC Youth League. In 1947, he became the member of the executive committee of the Transvaal ANC. In 1950, he took over the position of Xuma on the ANC National Executive. In 1952, he started working at the H.M. Basner law firm. He was in favor of nonviolent resistance. He started the campaign protests by addressing a crowd of more than 10,000 people at a Durban rally. For this, he was arrested and detained in the Marshall Square prison.
In 1961, he became the co-founder of Umkhonto we Sizwe (Spear of the Nation). Mandela was elected as a delegate in the Pan- African Freedom Movement for Central, East, and Southern Africa in 1962.
He was declared an enemy for the state and was not allowed to involve in political issues as he actively participated in protests and boycotts. In 1962, he was arrested by the police near Howick. The prominent politician and revolutionary spent 27 years in prison. On 11th February 1990, he was released from prison. In 1991, he was elected as the President of the ANC. Mandela was elected as the first democratic President of South Africa in 1994.
Awards and Honours
He has been regarded as the “founding father of South Africa’s multiracial democracy. Throughout his life, he received several honors, which are as follows:
- US Presidential Medal of Freedom
- The Order of Canada
- Lenin Peace Prize (Soviet Union)
- Bharat Ratna Award (Government of India)
- Nishan-e-Pakistan (Pakistan)
Nelson Mandela is a symbol of the humanity. He is known for supporting several philanthropic activities. In 1995, he founded a charitable foundation, named Nelson Mandela Children’s Fund. He contributed a part of his salary to the foundation. In 2003, he also created Mandela Rhodes Foundation, an organization responsible to provide scholarships to the African students.