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.
It also shows that she has between $1,000 to $15,000 in her congressional credit union savings account and another $15,000 to $50,000 in a retirement fund from her time in the Minnesota legislature.
This is not the first time the couple has faced scrutiny over their finances.
In 2020, Federal Election Commission filings revealed Omar\’s campaign made up the vast majority of the money Mynett\’s consulting firm earned during the election cycle.
E Street Group, which was partially owned by Omar\’s husband, Tim Mynett, drew in $2.9 million from Rep. Omar\’s 2020 campaign and $3.7 million in total political spending from other candidates.
Between January 2019 and November 2020, Omar\’s campaign contributed 78 percent of the total campaign funds received by the E Street Group.
At the same time, E Street Group received
$134,800 in Paycheck Protection Program (PPP) loans and an additional $500,000 in Economic Injury Disaster loans during the pandemic.
Amid the uproar, Mynett exited the political consulting business and teamed up with Hailer to branch out into the winery and venture capital industries.
Daily Mail has reached out to Omar\’s office for comment.
Something massive just happened on the highway… and it’s not over yet. They found something
Something massive just happened on the highway… and it’s not over yet. They found something
The sun hung low on the horizon, casting an orange glow across the sprawling expanse of the highway. Commuters, eager to reach their destinations, filled the lanes, each car a small world unto itself. It was an ordinary evening until, in the blink of an eye, everything changed.
A sudden commotion erupted near Exit 72, where the highway widened to accommodate the traffic flowing in and out of the city. Cars came to an abrupt halt, drivers craning their necks to catch a glimpse of what was happening. A massive collision had occurred, the cause of which was still unclear. Vehicles lay scattered across the asphalt, some overturned, others crumpled like discarded toys. Emergency services had been dispatched, their sirens wailing a mournful song as they fought their way through the congested lanes.
Within the chaos, amidst the debris and confusion, one car in particular drew the attention of first responders. It was a sleek, unassuming sedan, its metallic paint gleaming dully under the dimming sky. The car had come to rest at an odd angle, wedged between a guardrail and an abandoned truck. As rescuers approached, they noticed something odd. The car’s windows were tinted an impenetrable black, and there was a palpable sense of unease in the air.
Firefighters carefully pried open the doors, revealing the vehicle’s interior. What they found inside was astonishing. The car was filled with stacks of cash, bundles of currency spilling from every conceivable nook and cranny. It was as if someone had hastily stuffed the car with money and then taken off in a hurry, only to meet disaster on the highway. The discovery sent ripples of shock through the gathered crowd, the scene unfolding like a surreal heist movie.
As the firefighters and police officers worked to secure the scene, whispers spread like wildfire among the onlookers. Who did the money belong to? How had it ended up here, in the middle of a highway pile-up? Speculation ran wild, fueled by the bizarre and unexpected nature of the find.
But the surprises didn’t end there. As investigators delved deeper, they uncovered a hidden compartment beneath the driver’s seat, containing documents and passports from various countries. It was clear that this was not a simple accident, but rather a piece of a larger, more complex puzzle. The car was registered to a shell company, making it difficult to trace back to a legitimate owner.
Authorities quickly cordoned off the area, launching an investigation that promised to be as intricate and tangled as the pile-up itself. News outlets descended on the scene, eager to report on the unfolding drama. The story captivated the public’s imagination, a tantalizing mystery that seemed ripped from the pages of a crime novel.
As night fell, the highway began to clear, but the questions remained. Who was behind the wheel of the enigmatic car, and what had led them to flee with such a vast sum of money? Was it part of an elaborate smuggling operation, or a desperate escape gone wrong? The answers, it seemed, were still out there, waiting to be uncovered.