Rep. Ilhan Omar blamed an accounting discrepancy for a financial disclosure filed last May that appeared to show the Minnesota Democrat and her husband had as much as $30 million in assets. An amended filing later reviewed by the Journal put the couple’s shared assets at just $18,004 to $95,000.
The original disclosure listed Omar, 43, and her husband, Tim Mynett, with assets ranging from $6 million to $30 million, a jump of roughly 3,500% from the prior year. The revised filing showed the couple with far less wealth than the first version suggested, undercutting the impression that Omar had become a millionaire lawmaker.
Jacklyn Rogers, Omar’s spokesperson, said the corrected filing backed up the congresswoman’s account. “The amended disclosure confirms what we’ve said all along: The congresswoman is not a millionaire,” Rogers said, adding that Omar “amended her disclosures voluntarily as soon as the discrepancy was identified.”
The error came from Mynett’s two businesses, a Santa Rosa, California-based winery and a venture capital firm headquartered in Washington, DC. By the end of 2024, the winery was valued at between $1 million and $5 million, while Rose Lake Capital was valued at between $5 million and $25 million. In Omar’s prior disclosure, the winery, eStCru LLC, had been valued at just $15,000 to $50,000, and the venture capital firm showed less than $1,000 in assets in 2023.
Aides said Omar reviewed the filing before it was submitted but did not flag the errors. Her lawyer told the Office of Congressional Conduct that the mistakes resulted from reliance on accountants, saying it is common for members and spouses to depend on professionals to make the calculations that appear on public filings. The lawyer also said that while the error was unfortunate, there was nothing untoward and nothing illegal had occurred.
The episode lands at a moment when financial disclosures by sitting members of Congress are under scrutiny, and it follows calls by President Trump for fraud probe action against Omar. The dispute is less about a sudden windfall than about how a filing with starkly inflated numbers made her finances appear far larger than they were, and how quickly that picture changed once the paperwork was corrected.