Congresswoman Ilhan Omar has faced scrutiny over her finances after previously downplaying her net worth. In February, she stated that her wealth amounted to only a few thousand dollars, but federal financial disclosures told a different story.

According to filings reviewed in May, Omar and her husband, Tim Mynett, saw their net worth increase by 3,500 percent compared to 2023. Reports from the New York Post and Washington Free Beacon attribute the surge to Mynett’s two businesses: a California winery and a D.C.-based venture capital firm.

The winery’s assets were reported between $1 million and $5 million, a major jump from the $15,000 to $50,000 range listed previously. Meanwhile, Rose Lake Capital LLC grew from under $1,000 in assets to $5–$25 million by the end of 2024.

Despite reporting no income last year, the firm had listed $15,000–$50,000 the year before. Promotional material claims $60 billion in assets under management and emphasizes global networks in politics and business strategy.

Omar dismissed speculation of secret wealth earlier this year, calling such claims “ridiculous” and “categorically false.” She described herself as a working mother with student debt, living between two costly housing markets in Minneapolis and Washington, D.C.

Her February comments to Business Insider highlighted what she described as a right-wing disinformation campaign. She insisted she was not a millionaire, contrasting herself with colleagues in Congress who possess greater wealth.

Additional filings revealed Omar holds up to $100,000 in combined student loan and credit card debt. Assets include modest savings of $1,000–$15,000 in a congressional credit union and $15,000–$50,000 in a Minnesota political retirement account.

In an X post, Omar reiterated her modest finances, noting she owns no home or stocks and continues paying off student loans, despite public claims suggesting otherwise.