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Vince Coglianese

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Hayley Caronia

Ilhan Omar Denies Being Worth Millions - Her Financial Disclosure Says Otherwise

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  • Source: Silverloch
  • 09/02/2025
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When Ilhan Omar was elected to Congress, her net worth was negative $45,000. Now, it stands at up to $30 million.

The figures aren’t from one of those unreliable and unverified “Celebrity Net Worth” websites that turn up in a Google search - they’re from her own financial disclosure forms.

As the Washington Free Beacon’s Andrew Kerr reported:

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.


An increase of $51,000 to $6 million is a 11,664% increase - and to $30 million is a 58,724% increase. Their exact net worth isn’t known because congressional financial disclosures report assets in ranges, so the percent increase is somewhere in between the two astronomical numbers.

As mentioned already, this comes in the face of Omar denying having a net worth in the millions, and even challenged people to prove that she was.

 

Kerr continued to explain that: 

 

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. But by the end of 2024, Mynett’s combined stake in the two firms ballooned to anywhere between $6 and $30 million, and he and Hailer settled the lawsuits with cash settlements, the Washington Free Beacon has learned.

The couple is no stranger to financial controversies; Omar’s campaign paid Mynett $2.9 million in the 2020 election cycle when the two were married to other people.

 

Early Edition

Evita Duffy-Alfonso

The Nightly Scroll

Hayley Caronia