A year ago, Ilhan Omar’s official ethics filings showed a meteoric rise in her net worth, from close to zero to as much as $30 million. Her husband, she explained, was a high-flying investor through his company Rose Lake Capital, and a winery owner.
But now the mighty have fallen. Omar’s net worth is back down to less than zero and husband Tim Mynett is more or less unemployable:
Scandal-scarred Rep. Ilhan Omar and her hubby have gone from the penthouse to the poorhouse.
The husband of the Minnesota “Squad” firebrand — who once valued his venture capital and wine empire at up to $30 million — now claims to be pocketing as little as $200 a year.
The embattled socialist claimed hubby Tim Mynett made no income last year from his main business, Rose Lake Capital, according to her newly released 2025 financial disclosure report.
The only money Mynett — who has nearly two decades of experience in DC — earned last year is a meager $200 to $1,000 from his defunct California-based wine business eStCru, which sold bottles such as “The Devil’s Lie” before going belly up in April.
Omar claimed the total value of the couple’s assets was between $20,000 and $125,000 for 2025, and their credit card and student-loan debt hovered between $30,000 and $100,000 — putting their net worth at negative-$80,000-$95,000, according to the report.
Easy come, easy go. What’s a few tens of millions of dollars in Minnesota’s scandal-ridden political world? It does seem odd, though. Mynett made a very good living as a Democratic Party political consultant. He met Omar in the first place because she was one of his clients. If the couple really has a negative net worth, shouldn’t he at least be working?
None of this makes any sense, obviously. But when you are a Democrat in Minnesota, making sense is the last thing anyone expects.
