Rep. Ilhan Omar’s Net Worth Skyrockets to $30 MILLION Just Months After Claiming She Isn’t a Millionaire
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Rep. Ilhan Omar’s Net Worth Skyrockets to $30 MILLION Just Months After Claiming She Isn’t a Millionaire

A few months ago, Somali Democrat ‘Squad’ member Rep. Ilhan Omar slammed reports of her wealth as being ‘misinformation.’ According to Rep. Omar, claims that she was a millionaire were part of of a “coordinated right-wing disinformation campaign.” I guess she wasn’t lying. Technically, she’s a multi-millionaire. Since she was elected to Congress, Rep. Omar has gone from being tens of thousands of dollars in debt to worth around $30 million. That’s insane. JUST IN: Ilhan Omar reported a negative net worth of -$45,000 when she was first elected to Congress in 2019. Her latest financial disclosure from May 2025 shows a net worth of up to $30 Million. That’s a 66,676% increase in 6 years. pic.twitter.com/hDhyMCVt0K — Bad Hombre (@joma_gc) September 2, 2025 The gains were particularly staggering last year. Reportedly, her net worth skyrocketed around 3,500% from 2023 to 2024. JUST IN: It’s being reported that Somali Congresswoman Ilhan Omar’s net worth SURGED at least 3,500% in one year to nearly $30 million. That’s more than enough money to live in Somalia. Expel from Congress, denaturalize, and DEPORT. pic.twitter.com/Mp6FiCfGOB — Eric Daugherty (@EricLDaugh) September 1, 2025 Rep. Omar has her husband, Tim Mynett, to thank for the crazy boost in wealth. You see, his venture capital firm absolutely exploded — from being worth $1,000 to $25 million in the spans of one year. He must be very successful… BREAKING – It has been exposed that Ilhan Omar’s net worth grew by 3,500 percent from 2023 to 2024, increasing by nearly $30 million, largely due to the value of her husband’s firm mysteriously rising from $1,000 to $25 million in just one year. pic.twitter.com/V4I3a0mLtc — Right Angle News Network (@Rightanglenews) September 1, 2025 Mynett’s winery also became wildly successful between 2023-2024. I guess he hit a stroke of luck? The Washington Free Beacon originally reported: Rep. 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. 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… Mynett’s stake in his California winery, eStCru LLC, was worth no more than $50,000 at the end of 2023, Omar disclosed. The winery had just $650 in its bank account in February 2024, according to court documents obtained by the Minnesota Reformer, and was facing a lawsuit from Washington, D.C., businessman Naeem Mohd alleging Mynett and Hailer failed to pay up after promising to triple his $300,000 investment in the winery in just 18 months… Mynett’s other company, Rose Lake Capital, was in no better shape at the beginning of 2024. The venture capital firm was worth no more than $1,000 to Mynett at the end of 2023, Omar disclosed, and had just $42.44 in its bank accounts in February 2024, according to court documents obtained by the Minnesota Reformer. By the end of 2024, Mynett’s stake in Rose Lake Capital ballooned to up to $25 million, Omar reported in her latest financial disclosure. Keep in mind that, as a Congresswoman, Rep. Omar herself gets a salary of $174,000 annually. Back in February of this year, she told Business Insider: “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,” Omar told Business Insider. “I am a working mom with student loan debt. Unlike some of my colleagues — and similar to most Americans — I am not a millionaire and am raising a family while maintaining a residence in both Minneapolis and DC, which are among the most expensive housing markets in the country,” she added. What a liar. Like many other socialists in Congress, Rep. Ilhan Omar — herself a member of the wealthy elite — is trying to play it off like she’s a hardworking, middle-class American. It’s also a real miracle how Rep. Omar’s husband suddenly fell into such fortune a few years after she got into Congress. I’m sure that happened completely organically and legally. Totally not suspicious at all.