Pay no attention to what’s behind the curtain. Ilhan Omar doesn’t want us to notice there’s something fishy about her finances. Again.

The Free Beacon has new information, and it is beyond fishy. 

Rep. Ilhan Omar’s personal fortune exploded to upwards of $30 million in 2024, the Minnesota Democrat disclosed just months after telling the press it is “ridiculous” and “categorically false” to say she is worth millions of dollars.

Omar reported in her latest financial disclosure that she and her husband, former political consultant Tim Mynett, accumulated a net worth at the end of 2024 ranging from at least $6 million to $30 million. Their wealth is derived almost entirely from the value of Mynett’s ownership stake in his two companies that, together, were worth no more than $51,000 at the end of 2023. The exact value of Omar’s personal fortune at the end of 2024 is unclear—lawmakers disclose the value of their holdings and debts in ranges. Still, the figures in Omar’s latest disclosures show that her and her husband’s net worth skyrocketed by at least 3,500 percent in just one year.

Keep in mind, this is a woman who brings in $175,000 a year as a member of Congress. That doesn’t include whatever she made/makes from sales of her memoir. Yet, back in 2023, her husband Tim Mynett only had a net worth of …. $51,000. 

Yet, according to Ilhan back in February, we aren’t supposed to notice anything about her finances. 

Rep. Ilhan Omar said she barely has “thousands let alone millions” in a X post about her net worth.

The member of AOC’s “Squad” said she doesn’t own stocks or a house and still has student loans.

Commenters on X reacted to Omar’s post with everything from skepticism to appreciation.

~Snip

Omar said the user was lying about her net worth too. She pointed to her past financial disclosures as proof of her modest wealth, and added a facepalm emoji.

“Since getting elected, there has been a coordinated right-wing disinformation campaign claiming all sorts of wild things, including the ridiculous claim I am worth millions of dollars which is categorically false,” Omar told Business Insider.

Evidently that sent Andrew Kerr of the Beacon on a search. And boy howdy, he came up with receipts. 

The exact value of Omar's fortune at the end of 2024 is unclear—lawmakers disclose the value of their holdings and debts in ranges. Still, the figures in Omar's latest disclosures show that her and her husband's net worth skyrocketed by at least 3,500 percent in just one year.

— Washington Free Beacon (@FreeBeacon) September 1, 2025

Let’s look at Tim’s finances shall we? Keep in mind, Ilhan paid his firm around $2.9 million during the 2020 election cycle. But then, suddenly he only has $51K in the bank in 2023, and the winery itself had a measly $650 in the bank in 2024 according to public records. Plus there were lawsuits. His venture capital firm, Rose Lake Capital, wasn’t doing any better and was scraping the bottom of the barrel at the end of 2023. 

But then there’s a massive turnaround in 2024.

Mynett’s other company, Rose Lake Capital, was in no better shape at the beginning of 2024. The venture capital firm was worth no more than $1,000 to Mynett at the end of 2023, Omar disclosed, and had just $42.44 in its bank accounts in February 2024, according to court documents obtained by the Minnesota Reformer.

By the end of 2024, Mynett’s stake in Rose Lake Capital ballooned to up to $25 million, Omar reported in her latest financial disclosure.

Mynett and Hailer formed Rose Lake Capital in 2022. It claims on its website to have $60 billion in assets under management and boasts an “extensive global network” and expertise at structuring “legislation.” The firm’s advisory board includes two former Barack Obama ambassadors, Max Baucus and J. Adam Ereli, as well as former Amalgamated Bank CEO Keith Mestrich.

Inquiring minds would like to know how one magically jumps from zero to several millions in the space of a year WITHOUT winning the billion dollar Powerball? 

Remember though, we aren’t supposed to notice anything about her fishy finances! 

I'm not sure how things work in Somalia, but when you have an affair with a man, funnel $2.9 million in campaign donations to his company, and then marry him so you get access to that money, you don't get to claim you only have a few thousand dollars to your name. https://t.co/wYcYb0BvsW

— Bonchie (@bonchieredstate) September 1, 2025

First, it’s extremely suspect that Tim went from $51K to well over $6 million in just one year. Secondly, Ilhan is attempting to claim she doesn’t have the money we all think she does? Which is dishonest gaslighting at its best. As Bonchie at RedState asks, does anyone REALLY think she doesn’t benefit from all those Benjamins her husband is bringing in? 

Furthermore, Ilhan’s daughter went to Columbia, and was front and center at some of its antiSemitic protests. Then went whining to the media about how she’s broke and homeless. No one believed her then, and now finding out the financial state of affairs regarding her mother and step-dad, the whole broke/homeless thing is a great big pile of horseshit. 

The timing of Tim’s broke to riches story stinks to high heaven. I’d say that there’s some serious ethics issues at play here and possibly some financial shenanigans. 

Ilhan didn’t want us to notice she’s richer than she claims. Well, we are noticing … LOUDLY. 

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