Congresswoman Ilhan Omar has faced questions about her finances after previously stating her net worth was only a few thousand dollars. However, recent federal financial disclosures showed a huge increase in wealth connected to her husband, Tim Mynett’s businesses. Their net worth reportedly grew by 3,500 percent from 2023 to 2024. Mynett owns a California winery and a Washington, D.C.-based venture capital firm, Rose Lake Capital LLC. The winery’s value jumped from $15,000–$50,000 to between $1 million and $5 million. Meanwhile, Rose Lake Capital’s assets grew from under $1,000 to between $5 million and $25 million.

Despite this growth, Omar denied any secret wealth, calling such claims “ridiculous” and “categorically false.” She described herself as a working mother with student debt, living between expensive cities in Minneapolis and Washington, D.C. She highlighted a right-wing disinformation campaign targeting her finances.

Further disclosures show Omar has up to $100,000 in student and credit card debt and modest savings under $50,000. She also owns no home or stocks and continues paying off loans. Omar emphasizes her financial struggles remain real, despite public speculation about her wealth and her husband’s business success.