Congresswoman Ilhan Omar, who is active against Israel, reported in early February that her net worth is only a couple of thousands of dollars when in fact the financial documents she submitted showed a completely different picture.
According to the financial disclosure she filed with the federal government in May, her and her husband’s net worth increased for 3,500 percent compared to 2023, the New York Post reported.
According to a Monday report by the Washington Free Beacon, the couple’s financial standing surged due to Omar’s husband Tim Mynett’s two businesses: a winery in Santa Rosa, California, and a venture capital firm in D.C.
Omar reported the winery’s assets as between $1 million and $5 million in her latest filing, a dramatic increase from the $15,000 to $50,000 valuation recorded in her prior disclosure.
Mynett’s venture capital firm, Rose Lake Capital LLC, saw explosive growth, jumping from under $1,000 in assets last year to $5–$25 million by the end of 2024. While the firm reported no income in 2024, it listed $15,000–$50,000 the previous year. The company claims $60 billion in assets under management and highlights its global networks and expertise in business, politics, and legislative strategy, the New York Times reported.
Back in February, Omar dubbed the claims that she was a secret millionaire “ridiculous” and “categorically false.”
@ilhanmn To the right-wing media: Try reading 👀 Last year, some GOP crazies said I was worth $83 million, now they’re saying I’m worth over $30 million. The value range listed for the assets reflects the *full* cost assessment of the businesses, in which my husband is one of several partners, and does not reflect his individual share. Ps. Keep wishing millions into existence so I could pay off these student loans 😜
Speaking to the Business Insider at the time, “Since getting elected, there has been a coordinated right-wing disinformation campaign claiming all sorts of wild things, including the ridiculous claim I am worth millions of dollars, which is categorically false.”
The Rep. added, “I am a working mom with student loan debt. Unlike some of my colleagues — and similar to most Americans — I am not a millionaire and am raising a family while maintaining a residence in both Minneapolis and DC, which are among the most expensive housing markets in the country.”
Additionally, in a post she shared at the time, Omar wrote, “I don’t have stock or own a home and am still paying off my student debt. So if you are going to lie on something that is public, maybe try checking my public financial statements and you will see I barely have thousands let alone millions.”
Omar’s financial disclosure lists up to $100,000 in debt from credit cards and student loans. She also maintains $1,000 to $15,000 in savings at her congressional credit union and $15,000 to $50,000 in a retirement fund from her time in Minnesota politics.
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