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Tags: omar | millionaire | networth

Rep. Omar Denies Millionaire Status Despite $6M-$30M Disclosure

By    |   Monday, 01 September 2025 12:37 PM EDT

Rep. Ilhan Omar, D-Minn., said its "categorically false" to call her a millionaire despite reporting in her latest financial disclosures that she and her husband have a net worth between $6 million and $30 million, reported The Washington Free Beacon.   

The disclosure, submitted on May 14, shows that Omar has substantial investments, particularly in two LLCs. Rose Lake Capital, a venture capital management firm owned by her husband, Tim Mynett, stands out with a value of up to $25 million, though it reportedly generated no income in 2024.

Her savings and retirement accounts are relatively modest in comparison — ranging from about $1,000 up to $50,000 —  and she has notable debt; student loan and credit card liabilities each fall between $15,001 and $50,000.

Omar in an Instagram post in February said she doesn't have millions.

"There's been a lot of talk on my finances. Here's the deal: My salary is $174,000 before taxes, I don't own a home, and I'm still paying off my student loan debt. I don't own or trade any stocks or accept corporate pac money. Our campaign is funded by the people for the people. I don't work for corporations or special interests. I work for YOU."

Solange Reyner

Solange Reyner is a writer and editor for Newsmax. She has more than 15 years in the journalism industry reporting and covering news, sports and politics.

© 2025 Newsmax. All rights reserved.


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Rep. Ilhan Omar, D-Minn., says its "categorically false" to call her a millionaire despite reporting in her latest financial disclosures that she and her husband have a net worth between $6 and $30 million, reports The Washington Free Beacon.
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Monday, 01 September 2025 12:37 PM
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