Rep. Ilhan Omar (D-Minn.) has long dismissed claims that she became wealthy in office as “categorically false,” but new filings show her net worth has surged as much as 3,500% in the past year.
In disclosures filed for 2024, Omar reported she and her husband, former political consultant Tim Mynett, are worth between $6 million and $30 million — up sharply from about $51,000 in 2023. Most of the increase stems from Mynett’s two companies.
Lawmakers must report assets and debts within broad ranges, but even at the low end, Omar’s filings mark a dramatic jump since she entered Congress in 2019, the Washington Free Beacon first reported.
The revelations could prove politically awkward for the progressive lawmaker, who has campaigned against the wealthy while portraying herself as a voice for working-class Americans. As recently as March, she dismissed reports about her finances as a “coordinated right-wing disinformation campaign.”
One month earlier, Omar on social media challenged her critics to “maybe try checking my public financial statements and you will see I barely have thousands let alone millions.”
Omar married Tim Mynett in 2020 after the two began an affair while both were married to others. Mynett’s firm was later paid $2.9 million for work on her reelection campaign, a financial tie that drew sharp scrutiny before he left political consulting for ventures in wine and private equity.
In her latest disclosure, Omar valued their winery at $1 million to $5 million. Rose Lake Capital, LLC — Mynett’s venture capital firm — was reported at $5 million to $25 million by the end of 2024. The company claims to manage $60 million, according to the outlet.