Filings show Ilhan Omar’s net worth up by millions of dollars
The article discusses newly filed financial disclosures revealing that representative Ilhan Omar’s net worth has increased dramatically,ranging between $6 million and $30 million. This contrasts sharply with Omar’s previous claims that she was “barely worth thousands.” The majority of the reported wealth comes from her husband Tim Mynett’s winery and venture capital activities, with their combined partnership income significantly boosting their assets. While Omar reported some student and credit card debt, her net worth has skyrocketed from roughly $65,000 in earlier filings to millions within a year. Omar has dismissed these reports as “a coordinated right-wing disinformation campaign” and insists she is not a millionaire, stating she is a working mother with student loans and expenses in two costly cities.
Filings show Ilhan Omar’s net worth up by millions of dollars
Rep. Ilhan Omar‘s (D-MN) net worth is anywhere from $6 million to $30 million despite her claims that she’s “barely worth thousands.”
In her latest financial disclosure, filed on May 14 and first reported on by the Washington Free Beacon on Monday, Omar disclosed assets valued in the millions of dollars, with most of the wealth coming from her husband’s winery and venture capital management company. The two were listed as partnership income, with Omar making $5,001 to $15,000 in direct income from the winery.
The disclosure showed an explosion in value from Omar’s assets. Her husband Tim Mynett’s net worth skyrocketed from under $51,000 at the end of 2023 to $6 million to $30 million at the end of 2024.
Elsewhere in her filings, Omar listed $15,001-$50,000 in student debt accumulated beginning in October 2005 and $15,001 to $50,000 in credit card debt. The congresswoman’s total net worth in her previous filing was $65,000, according to Business Insider.
Omar’s massive net worth appears to contradict statements she made earlier this year, when she insisted she barely had any money in assets.
“My salary is $174,000 before taxes, I don’t have stock or own a home and still paying off my student debt. So if you are going to lie on something that is public, maybe try checking my public financial statements and you will see I barely have thousands let alone millions,” she said in a social media post on Feb. 10.
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She elaborated on this in a statement to Business Insider, describing accusations that she was worth millions of dollars as a “coordinated right-wing disinformation campaign” and calling the “ridiculous” claim “categorically false.”
“I am a working mom with student loan debt. 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 added.
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