Ilhan Omar Said It's 'Categorically False' To Call Her a Millionaire. Her Net Worth Just Reached Up to $30 Million, an Increase of at Least 3,500 Percent in One Year.Much of the 'Squad' member's wealth comes through her husband's winery and venture capital firmAndrew Kerr
September 1, 2025Rep. Ilhan Omar’s personal fortune exploded to upwards of $30 million in 2024, the Minnesota Democrat disclosed just months after telling the press it is "ridiculous" and "categorically false" to say she is worth millions of dollars.
Omar reported in her latest financial disclosure that she and her husband, former political consultant Tim Mynett, accumulated a net worth at the end of 2024 ranging from at least $6 million to $30 million. Their wealth is derived almost entirely from the value of Mynett’s ownership stake in his two companies that, together, were worth no more than $51,000 at the end of 2023. The exact value of Omar’s personal fortune at the end of 2024 is unclear—lawmakers disclose the value of their holdings and debts in ranges. Still, the figures in Omar’s latest disclosures show that her and her husband’s net worth skyrocketed by at least 3,500 percent in just one year.
Omar’s extraordinary accumulation of wealth in 2024 could raise uncomfortable questions for the Minnesota Democrat, who in February told Business Insider that she has been the subject of a "coordinated right-wing disinformation campaign" that falsely claims she’s worth millions of dollars. Omar said any insinuation that she’s worth more than a few thousand dollars was "ridiculous" and "categorically false." She also took to X in February, challenging her followers to "maybe try checking my public financial statements and you will see I barely have thousands let alone millions."
Omar has her husband to thank for catapulting her to multimillionaire status in 2024. Mynett’s California-based winery eStCru LLC and venture capital firm Rose Lake Capital both achieved remarkable financial turnarounds in 2024. At the end of 2023, Mynett’s combined stake in both companies was worth no more than $51,000, the firms had less than $700 across all their bank accounts, and Mynett and his business partner, former DNC adviser Will Hailer, were saddled with lawsuits from investors claiming they defrauded them out of millions of dollars.
<..snip..>
https://freebeacon.com/democrats/ilhan-omar-said-its-categorically-false-to-call-her-a-millionaire-her-net-worth-just-reached-up-to-30-million-an-increase-of-at-least-3500-percent-in-one-year/
