Ilhan Omar's financial disclosures now claim her husband earned as little as $200
one year after reporting up to $30 million in assets
Rep. Ilhan Omar's newly released 2025 financial disclosure tells a story that defies easy belief: her husband Tim Mynett, a 44-year-old Washington operative who just a year earlier sat atop a reported fortune of up to $30 million, now earned as little as $200 from all his business ventures combined.The couple's net worth, per the filing, has plunged into negative territory, somewhere between negative $80,000 and negative $95,000.
The New York Post reported that Mynett's venture capital firm, Rose Lake Capital, generated zero income for him in the 2025 disclosure period. His California wine business, eStCru, which sold bottles including one called "The Devil's Lie", brought in between $200 and $1,000 before going belly up in April.
The New York Post reported that Mynett's venture capital firm, Rose Lake Capital, generated zero income for him in the 2025 disclosure period. His California wine business, eStCru, which sold bottles including one called "The Devil's Lie", brought in between $200 and $1,000 before going belly up in April.
The couple's total assets now sit between $20,000 and $125,000, weighed down by $30,000 to $100,000 in credit card and student-loan debt.
That is quite a fall for a sitting congresswoman whose 2024 disclosure reported a sudden wealth surge to between $5 million and $30 million, a figure that itself arrived out of nowhere and raised immediate red flags.
The financial whiplash is worth tracing in full. As Just The News reported, Omar's net worth at the end of 2023 stood at roughly $51,000 or less. By the end of 2024, her disclosure showed it had rocketed to between $6 million and $30 million, a 3,500 percent increase in a single year. The growth was driven almost entirely by Mynett's stake in Rose Lake Capital, which jumped from less than $1,000 in assets to between $5 million and $25 million.
In February 2025, Omar herself pushed back on the millionaire label. She posted on X that claims of her wealth were "categorically false" and "ridiculous," and challenged followers to check her public financial statements. "Maybe try checking my public financial statements and you will see I barely have thousands let alone millions," she wrote.
Then came the amended 2024 disclosure, filed in March. Omar slashed the reported asset figures dramatically, listing household assets between $18,004 and $95,000. Mynett's ownership stakes in both Rose Lake Capital and eStCru were zeroed out.
That is quite a fall for a sitting congresswoman whose 2024 disclosure reported a sudden wealth surge to between $5 million and $30 million, a figure that itself arrived out of nowhere and raised immediate red flags.
The financial whiplash is worth tracing in full. As Just The News reported, Omar's net worth at the end of 2023 stood at roughly $51,000 or less. By the end of 2024, her disclosure showed it had rocketed to between $6 million and $30 million, a 3,500 percent increase in a single year. The growth was driven almost entirely by Mynett's stake in Rose Lake Capital, which jumped from less than $1,000 in assets to between $5 million and $25 million.
In February 2025, Omar herself pushed back on the millionaire label. She posted on X that claims of her wealth were "categorically false" and "ridiculous," and challenged followers to check her public financial statements. "Maybe try checking my public financial statements and you will see I barely have thousands let alone millions," she wrote.
Then came the amended 2024 disclosure, filed in March. Omar slashed the reported asset figures dramatically, listing household assets between $18,004 and $95,000. Mynett's ownership stakes in both Rose Lake Capital and eStCru were zeroed out.
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