Rep. Ilhan Omar's Net Worth Rises Up to $30 Million Amid Denial

Rep. Ilhan Omar (D-Minn.) and her husband Tim Mynett reported a dramatic increase in their net worth to between $6 million and $30 million in their 2024 financial disclosure, a surge of at least 3,500% compared to the previous year. This wealth primarily stems from Mynett's ownership stakes in two companies: a California-based winery, eStCru LLC, and a venture capital firm, Rose Lake Capital LLC, the latter valued between $5 million and $25 million despite reporting no income in 2024. The rapid financial growth contrasts sharply with Omar's earlier statements in 2025, where she called claims about her millionaire status “ridiculous” and “categorically false” and described such allegations as part of a right-wing disinformation campaign. Omar also emphasized that she earns a $174,000 salary, has student and credit card debt, does not own a home or stocks, and does not accept corporate PAC money. Mynett’s companies had minimal assets and faced lawsuits in 2023, making the sudden leap in valuation notable. These disclosures raise questions about the source and nature of the wealth accumulation amid Omar's previous public denials.