Ilhan Omar under fire as husband’s income drops from millions to $200 in new disclosure

U.S. Representative Ilhan Omar is facing renewed criticism following a significant drop in her husband Tim Mynett's reported income. New financial disclosure forms indicate Mynett earned as little as $200 last year, a stark contrast to previous filings that suggested their combined business interests were valued in the millions.

The latest disclosure for 2025 shows Mynett receiving no salary from his investment firm, Rose Lake Capital. His sole reported income stemmed from a now-closed California wine business, eStCru, which generated between $200 and $1,000. This figure is a dramatic decrease from the previous year, when disclosures estimated the couple's business holdings to be worth between $5 million and $30 million.

An amended filing later revised the valuation of those holdings to zero, citing an accounting mistake. Despite this, Rose Lake Capital still reported generating between $100,000 and $1 million in revenue during the same period. The couple's total assets are now listed between $20,000 and $125,000, with liabilities estimated between $30,000 and $100,000, potentially placing their net worth in the negative.

A spokesperson for Omar stated that the amended disclosure accurately reflects that the Congresswoman is not a millionaire. The initial filing, they explained, was based on incomplete information and professional judgment, significantly overstating her husband's net worth due to an accounting error. The spokesperson emphasized that the amended disclosure is now complete and accurate. The controversy surfaces amid ongoing political scrutiny and follows previous attention drawn to Omar's financial filings.

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The amended disclosure confirms what we’ve said all along: the Congresswoman is not a millionaire. The original filing was based on incomplete information from Mr. Mynett’s businesses’ accountants in good faith and deference to professional judgement. It listed assets without liabilities, and it significantly overstated her husband’s net worth. The accounting error created a misleading picture of far greater wealth. The Congresswoman amended her disclosures voluntarily as soon as the discrepancy was identified. The amended disclosure is now complete and accurate.