Report: ‘Working Class Hero’ Lapid Worth NIS 10 Million

Yesh Atid head Yair Lapid on Sunday announced his assets – and they are substantial. In line with disclosure requirements ahead of the March 17 elections, Lapid disclosed, Channel Two reported, that he is worth approximately NIS 10 million.

Lapid, the former finance minister, owns an apartment in the tony Ramat Aviv neighborhood of Tel Aviv that was worth NIS 3.5 million when he bought it in 2004. Today is is estimated to be worth between NIS 6 and 7 million. In addition, Lapid drives a 2011 Nissan Murano four wheel drive vehicle, worth NIS 182,000.

Lapid has a modest NIS 4,604 in his checking account, but a much more substantial NIS 2,452,341 in savings, and an additional NIS 1,102,300 in pension money.

Lapid, who has been campaigning on a platform of helping “the working family,” is not the only politician claiming to be looking out for the middle class who has done well for himself. Yitzhak Herzog and Tzipi Livni, the two heads of the Labor Party – renamed 'Zionist Camp' for the duration of the current elections – own property worth tens of millions of shekels, and both have significant savings and stock holdings.

Herzog is the owner of several properties in Tel Aviv, the most expensive being a home that belonged to his parents in the upscale Tzahala section of the city. That property alone is worth NIS 8 million ($2.2 million). He also is part owner of a large plot of land in Tel Aviv and an apartment in Haifa, for which he is still paying off a mortgage.

Herzog also has bank account holdings of NIS 2.6 million ($600,000), as well as a savings account worth NIS 585,000 ($150,000).

Livni also owns extensive and expensive real estate holdings. She owns a five room home in the Ramat Hahayal neighborhood of Tel Aviv, said to be worth NIS 5 million ($1.35 million). She purchased that home in 1982 for $82,000. She has NIS 34,000 ($9,000) in the bank, and NIS 2.5 million ($575,000) in stock market holdings.

Source: http://www.israelnationalnews.com/News/News.aspx/190787

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