3,500% wealth surge: Questions mount as Minnesota Rep. Omar’s husband scrubs firm’s site
Story by Mike Jenkins • 2h
Representative Ilhan Omar (D-MN) is facing renewed scrutiny following reports that her husband’s venture capital firm, Rose Lake Capital, quietly removed a list of key officers from its website. The digital purge coincides with questions regarding a massive spike in the couple's reported wealth, which financial disclosures show jumped nearly 3,500% in a single year.
According to a filing submitted in May, the couple’s net worth has climbed from modest figures to an estimated range of $6 million to $30 million.
A significant portion of that valuation comes from Tim Mynett’s firm, Rose Lake Capital. In 2023, the firm reportedly held less than $1,000 in assets; the latest disclosure values it between $5 million and $25 million.
The New York Post first reported the website changes, noting that nine advisors and officers were deleted from the site between September and October. The scrubbed names included high-profile figures such as former Obama ambassadors Adam Ereli and Max Baucus, former DNC treasurer William Derrough, and Alex Hoffman, an associate of the DNC Finance Chair.
https://www.msn.com/en-us/news/us/3-500-wealth-surge-questions-mount-as-minnesota-rep-omar-s-husband-scrubs-firm-s-site/ar-AA1TanLK?ocid=msedgntp&pc=HCTS&cvid=6951783aafab4aed8e08c9de694b0ce1&ei=34
