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U.S. politician’s net worth grows 67% to $30m since taking office in 2019

U.S. politician’s net worth grows 67% to $30m since taking office in 2019

Ilhan Omar, the U.S. representative for Minnesota’s 5th congressional district, disclosed a financial filing revealing a net worth of up to $30 million. 

The numbers translate to a67% increase since she was first elected in 2019.

More impressively, the disclosure revealed that Omar and her husband, political consultant Tim Mynett, saw their wealth surge by more than 3,500% in 2024 compared to 2023. 

Unsurprisingly, supporters of both parties were quick to note the sharp mismatch between Omar’s wealth and her dismissals of millionaire claims as right-wing disinformation earlier this year. 

“I don’t have stock or own a home and am 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,” wrote Omar on X.

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Ilhan Omar’s net worth as high as $30 million

Most of the reported money stemmed from Mynett’s business ventures: a California winery and a Washington, D.C. venture capital firm. The former was valued $1–$5 million, while the latter was valued $5–$25 million by year-end 2024.

Despite the solid valuation, the firm listed no income in 2024, but its official website claims $60 billion in assets under management and a presence in over 80 countries.

Omar’s latest filing still lists $100,000 in combined student loan and credit card debt, savings of somewhere between $1,000 and $15,000, and a retirement account valued from $15,000 to $50,000.

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Featured image via Shutterstock

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