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Dec 18, 2025

iihan omar busted with $30 Million - Then offcials reveal where it came from pssss

iihan omar busted with $30 Million - Then offcials reveal where it came from

 

Ilhan Omar reports net worth of up to $30 million just months after calling millionaire claims 'ridiculous'

Squad member Ilhan Omar has reported a net worth of up to $30 million, despite previously blasting claims that she is a secret millionaire as 'ridiculous'. 

It has now emerged the Minnesota Congresswoman outlined her net worth in a financial disclosure she filed with the federal government in May. 

The documents reveal she and her husband, Tim Mynett

 

, saw a roughly 3,500 percent increase in their net worth last year when compared to 2023, the New York Post reports.

 

Much of the financial gains came from businesses Mynett partially owns - a Santa Rosa, California-based winery and a venture capital firm headquartered in 

 

DC.

Omar valued the winery's assets in the disclosure at between $1 million to $5 million, despite listing its assets at just $15,000 to $50,000 the year before.

Mynett's venture capital firm Rose Lake Capital LLC's assets were also valued at between $5 million to $25 million in the 2024 disclosure - though the company had less than $1,000 in assets in 2023.

 

It now appears that both of Mynett's businesses had been struggling earlier in 2024. 

The winery had just about $650 in its bank account as of February 2024, according to court documents

 

It was facing a lawsuit at the time from Washington DC-businessman Naeem Mohd, who claimed that Mynett and his business partner - former DNC advisor Will Hailer - failed to pay up after promising to triple his $300,000 investment in the eStCru winery in just 18 months.

That lawsuit has since been settled for an undisclosed amount, according to the Washington Free Beacon.  

Meanwhile, Rose Lake Capital had a mere $42.44 in its bank account in February 2023, the Minnesota Reformer reports.

The DC-based venture capital firm now claims on its website that it has $60 billion in assets under management.

It touts its 'deep global networks built from on-the-ground networks in more than 80 countries working across business, politics, banking and diplomacy' and says it offers its clients 'expertise' in a number of categories - including structuring legislation. 

Yet Omar noted in her disclosure that the income from the DC-based consulting firm was 'none' for 2024, but between $15,000 to $50,000 the previous year. 

Despite the apparent windfall from Mynett's companies, Omar denied claims she was a millionaire back in February.

'Since getting elected, there has been a coordinated right-wing disinformation campaign claiming all sorts of wild things, including the ridiculous claim that I am worth millions of dollars, which is categorically false,' she 

told Business Insider at the time.

'I am a working mom with student loan debt,' she continued.

'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.'

Omar also challenged her followers on social media that month to 'maybe try checking public financial statements and you will see I barely have thousands, let along millions.'

Her disclosure does list as much as $100,000 in credit card and student loan debt.

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