Rep. Ilhan Omar and her husband Tim Mynett reported a combined net worth estimated between $6 million and $30 million for 2024. The increase stems mainly from Mynett's ownership stakes in eStCru LLC, a California winery, and Rose Lake Capital, a venture capital firm, valued roughly $1–5 million and $5–25 million respectively. Both companies saw large value increases after lawsuits were settled. In 2023 the companies held about $700 combined and Mynett's stakes were valued under $100,000. Mynett previously received millions from Omar's campaign in 2019. Omar also carries student loan and potential credit card debt.
Rep. Ilhan Omar (D-MN) has seen her net worth jump to as much as $30 million, according to her latest financial disclosure, which dropped after the congresswoman dismissed the idea that she had become a millionaire. Omar's financial disclosure document was filed in May and shows that Omar and her husband, former political consultant Tim Mynett, accumulated a net worth in 2024 of $6 million to $30 million.
The wealth increase mainly derives from Mynett's ownership stakes in eStCru LLC, a California winery, and Rose Lake Capital, a venture capital firm. According to the filing from Omar, the winery's estimated worth is between $1 million and $5 million, while the capital firm is worth between $5 million and $25 million. The Washington Free Beacon first reported on the financial disclosure. Those are massive jumps from Omar's previous filing in 2023 when Mynett's stakes in the companies was worth less than $100,000.
Both companies had a combined total of approximately $700 in the bank, according to 2023 filings. Mynett's financials have come under scrutiny before when it was reported that Omar's campaign paid millions to his consulting firm in 2019. In February, Omar pushed back on accusations she'd become a millionaire while in office. Omar noted at the time that she is a working mom with student loan debt.
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