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.
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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
Source: https://finbold.com/u-s-politicians-net-worth-grows-67-to-30m-since-taking-office-in-2019/
