Former president Nelson Mandela's children and grandchildren are currently active in more than 110 companies, according to company information, it was reported on Monday.

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 3575m2 house...read more here: Mandela family rakes in millions: report