Ilhan Omar’s Net Worth Skyrockets 3500% After She Claims She’s Not Rich

(Manuel Balce Ceneta/AP photo)

Rep. Ilhan Omar (D-MN) has seen her net worth jump to as much as $30 million, according to her latest financial disclosure, which dropped after the congresswoman dismissed the idea that she had become a millionaire.

Omar’s financial disclosure document was filed in May and shows that Omar and her husband, former political consultant Tim Mynett, accumulated a net worth in 2024 of $6 million to $30 million. The lawmaker and her husband saw a 3500% jump in their net worth in just a year.

The wealth increase mainly derives from Mynett’s ownership stakes in eStCru LLC, a California winery, and Rose Lake Capital, a venture capital firm. According to the filing from Omar, the winery’s estimated worth is between $1 million and $5 million, while the capital firm is worth between $5 million and $25 million. The Washington Free Beacon first reported on the financial disclosure.

Those are massive jumps from Omar’s previous filing in 2023 when Mynett’s stakes in the companies was worth less than $100,000. After lawsuits were settled, both companies saw a massive jump in their worth in 2024. Both companies had a combined total of approximately $700 in the bank, according to 2023 filings.

Mynett’s financials have come under scrutiny before when it was reported that Omar’s campaign paid millions to his consulting firm in 2019.

In February, Omar pushed back on accusations she’d become a millionaire while in office. Omar noted at the time that she is a “working mom with student loan debt.” Her new financial disclosure shows she owes up to $50,000 in student loan debt and another potential $50,000 in credit card debt.

“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,” she told Business Insider at the time.