Mr Moseneke said some of the estate would be split between three trusts set up by Mandela, including a family trust designed to provide for his more than 30 children, grandchildren and great-grandchildren.
The reading of Mandela’s will was expected to set off another round of squabbling among members of his large and factious family over the anti-apartheid hero’s financial legacy.
Mandela, who died in December at the age of 95, left behind an estate that includes an upscale house in Johannesburg, a modest dwelling in his rural Eastern Cape home province and royalties from book sales, including his autobiography, “Long Walk to Freedom”.
More visibly, his legacy includes a potent political and moral brand that some of his grandchildren and great-grandchildren have already used to market everything from clothing to reality TV.
Some of his grandchildren have started a line of caps and sweatshirts that feature his image under the brand “Long Walk to Freedom”.
Two of his US-based granddaughters starred in a reality television show called “Being Mandela”.
Such aggressive marketing – as well as reports of fighting among family members over Mandela’s money – have fuelled the impression in South Africa that some of the family members have exploited their famous relative.