Knesset's Youngest Lawmaker Has Net Worth of Around $20,000

Labor MK Stav Shaffir, one of the leaders of the 2011 social-justice protests, does not own an apartment or a car, and pays NIS 1,970 in rent as one of four roommates in a Jaffa apartment.

MK Stav Shaffir, the current Knesset's youngest member and one of the leaders of the 2011 social-justice protests, has a net worth of approximately NIS 75,000 ($20,650).

Shaffir (Labor) recently agreed to TheMarker's request to disclose the statement of wealth she submitted to the Knesset.

The 27-year-old MK does not own an apartment or a car and she pays NIS 1,970 in rent, as one of four roommates in a Jaffa apartment.

The statement also shows that her debts to the bank (including credit cards, overdraft and loans) were NIS 74,140 as of March 2013. She also has NIS 1,684 in debt left over from the Labor primaries.

On the plus side, Shaffir's savings stood at NIS 149,703, including NIS 72,321 in the bank, the equivalent of NIS 17,191 in foreign currency, NIS 57,846 in provident funds and NIS 2,345 that she received upon her discharge from the army.

Israeli law requires that all Knesset members submit a declaration of assets, but it does not require that they be made public.

Labor Party leader Shelly Yacimovich, who has also chosen to disclose her financial information to the public, has said she would introduce a bill after the Passover holiday that would require Knesset members' financial statements to be made public.

She introduced a similar bill during the previous Knesset's term, but it was never put to a vote, due to the opposition it engendered among Knesset members.

Emil Salman
Ofer Vakhnin