Recent financial disclosures for Rep. Ilhan Omar (D-MN), filed in May 2025, show a substantial increase in the reported value of companies owned by her husband, Tim Mynett, with estimates of their combined net worth now ranging from $6 million to $30 million.
Surge in Company Values
The surge is primarily attributed to two of Mynett's business ventures, which were valued at significantly lower amounts in previous filings:
- Rose Lake Capital LLC: A venture capital firm co-founded by Mynett in 2022. It was valued at between $5 million and $25 million in 2024, despite being reported at under $1,000 in 2023.
- eStCru LLC: A California-based winery. Its value grew to between $1 million and $5 million in 2024, up from a reported range of $15,000 to $50,000 in 2023.
Critics have noted that Rose Lake Capital recently removed the names and biographies of its officers from its website. Omar has dismissed reports of her increased wealth as a "right-wing disinformation campaign," stating that she remains a "working mom with student loan debt" and that the high valuations reflect her husband's business partners' stakes rather than his individual share.
