Prime Minister Benjamin Netanyahu earns a gross monthly salary of NIS 48,800 ($12,500), a pay slip posted on Twitter by the Prime Minister’s Office revealed on Tuesday.
But after income, national health insurance and social security tax deductions and vehicle expenses, the prime minister’s net monthly income stood at NIS 17,600 ($4,500) for the month of February.
The PMO explained Netanyahu had little say in the monthly NIS 12,440 ($3,200) expense for his armored car, because it was in line with Shin Bet security standards.
“If it were up to the prime minister, he probably would have chosen a more modest car,” Netanyahu’s office said.
The pay slip was released in response to a number of requests, and was an effort toward transparency, the PMO said.
The last time Netanyahu revealed his income was in January 2011, when he was serving his second term as prime minister.
ראש הממשלה בנימין נתניהו מפרסם את תלוש השכר האחרון שלו, מחודש פברואר 2016. pic.twitter.com/dvgJI0pyJk
— ראש ממשלת ישראל (@IsraeliPM_heb) March 15, 2016
Last year, Forbes magazine estimated Netanyahu’s net worth to be NIS 42 million ($11 million) making him the fourth-richest politician in Israel, behind Jerusalem Mayor Nir Barkat, Zionist Union MK Erel Margalit and then minister Silvan Shalom.
The Netanyahus have been embroiled in a series of financial scandals, after a 2015 state comptroller report accused them of excessive spending, and of pocketing the refunds on recycled bottles.
Last year’s report detailed excessive spending and possible criminal misdeeds, substantiating complaints of financial improprieties by the first family in their Jerusalem and Caesarea homes.
Released ahead of last year’s elections, the report sparked an immediate political firestorm, with opposition leaders saying it showed Netanyahu was “thoroughly disconnected from the people,” and unfit to hold office.
A short time later, an investigative TV report found the Netanyahus used state funds to cover the cost of renovations in their private residence in Caesarea that began before he was appointed prime minister.
Opposition leader Isaac Herzog on Tuesday also released his February paycheck slip, revealing his gross monthly income of NIS 45,356, and a net monthly income of NIS 20,317.