Education
Jan 18, 2026

Omar Claims Were False Official Records Prove Millions Financial Scandal Breaks Out

House Republicans Oust Ilhan Omar From Foreign Affairs Committee

Rep. Ilhan Omar (D-Minn.) reported a net worth of up to $30 million in her latest financial disclosure — just months after dismissing claims she was a millionaire as “ridiculous” and “categorically false.”

The May filing shows Omar and her husband, Tim Mynett, saw their net worth jump roughly 3,500% in 2024 compared with the previous year.

The Washington Free Beacon first reported the surge in the couple’s wealth Monday, noting the gains stemmed from Mynett’s two businesses — a winery in Santa Rosa, Calif., and a venture capital firm in Washington, D.C.

In her latest disclosure, Omar valued the winery, eStCru LLC, at $1 million to $5 million — a sharp rise from the $15,000 to $50,000 range reported in her previous filing, the New York Post noted.

Omar’s rapid wealth gains in 2024 could prove awkward after she told Business Insider in February that claims of her being worth millions were part of a “coordinated right-wing disinformation campaign.” At the time, she dismissed suggestions she held more than modest assets as “ridiculous” and “categorically false,” according to the Free Beacon.

She also took to X in February, challenging critics to “maybe try checking my public financial statements and you will see I barely have thousands let alone millions.”

At the close of 2023, Tim Mynett’s combined stake in his two companies was valued at no more than $51,000, with less than $700 in their bank accounts, while he and business partner Will Hailer faced investor lawsuits alleging multimillion-dollar fraud.

By the end of 2024, however, Mynett’s stake had soared to between $6 million and $30 million, and the pair settled the lawsuits with cash payments, according to the Free Beacon.

Mynett’s business dealings have dogged Omar since their March 2020 marriage. The two began an affair while both were married to others, during which Omar’s campaign paid his consulting firm $2.9 million in the 2020 cycle. The arrangement drew heavy scrutiny, and by year’s end Mynett left political consulting to partner with Will Hailer in the winery and venture capital businesses, the Beacon added.

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