The richest Israelis got NIS 10 billion richer in 2013
Israel's 500 wealthiest people may not be as popular as they once were, but that didn't stop them from increasing their collective wealth by NIS 10 billion in the past year, mostly by shielding their businesses from competition.
It's not easy being a rich person in the Holy Land these days. Austerity measures, tax hikes and cuts to public services – along with the widening income disparity between the rich and everyone else - triggered to a wave of protests targeting the wealthy. Many in the protest movement demand that the rich pay more tax, including through inheritance and luxury tax.
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