Elizabeth MacDonald
@LizMacDonaldFOX
New info on Ilhan Omar’s husband’s investment firm not paying taxes. He & his partner had to forfeit their Rose Lake Inc. registration in Delaware in 2024 for failing to pay a big $403K in back taxes plus having no registration agent. This is right as Omar was claiming in her disclosures his stake in it was suddenly worth up to $25M from less than $1K a year before.
How does a firm that is supposedly worth $75M-$150M not able to pay its taxes?
And D.C. cancelled the registration for Rose Lake Capital, too, for failure to pay a tiny $1,770 in back taxes. Again—why couldn’t it afford even that?
There’s little to no public evidence of real business activity here.
There’s no verifiable public track record of Rose Lake actually managing money for outside investors, completing transactions, or generating meaningful revenue.
No publicly disclosed clients, investment deals, portfolios, or transactions have been identified for Rose Lake Capital.
No SEC filings (e.g., Form ADV) show Rose Lake or its principals registered as investment advisers — which most firms with outside investors are required to file.
Government financial disclosures show Rose Lake reported little or no income for 2024, the year Omar listed it with a huge valuation of up to $25M from less than $1,000 just the year before.
Media reports state Rose Lake’s public website removed the names and bios of its listed officers and advisers amid scrutiny.
As for his winery where Omar suddenly valued his stake in at $5M in 2024 up from $15K-50K in 2023 - there is no clear public evidence the winery even exists, or produces or sells significant wine.
There are no signs of a functioning winery facility, tasting room, or production operations at the supposed address.
An investor sued Mynett and his partner alleging they promised to triple his investment in the winery but failed to deliver returns, he claimed in his suit “there is no legitimate business there.”
6:59 PM · Jan 28, 2026
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Elizabeth MacDonald
@LizMacDonaldFOX
NEWS Ilhan Omar’s husband runs a supposed “masters of the universe” investment firm but its D.C. address matches that of a WeWork. Its website boasts “deep global networks built from on-the-ground work in more than 80 countries” when its apparent D.C. WeWork office evidently shares space with a Walmart operation and the American Trucking Assn. This is the firm Omar valued his stake in at upwards of $25M.
2:58 PM · Jan 29, 2026
