It seems like just yesterday that Ilhan Omar said that it’s “categorically false” to call her a millionaire. Well, OK, it wasn’t yesterday but it was back in February of this year when she cried poverty.
“So if you are going to lie on something that is public, maybe try checking my public financial statements and you will see I barely have thousands let alone millions,”
I have written extensively about Ilhan Omar. In 2019 I described as “A cancer in the House of Representatives.”
Anti-American, homophobe, anti-Semite, intolerant math failure. She is a cancer in the House.
She once described 9-11 as “some people did something.”
She came into this country under highly questionable circumstances. She is said to have married her brother in order to immigrate.
Then she allegedly cheated on her husband with her current husband, a move which is proving to be quite lucrative. She allegedly paying off her first husband (not the brother) to remain silent. And boy has it been lucrative.
The Washington Free Beacon reported that her net worth has “exploded” to nearly $30 million.
Rep. Ilhan Omar’s personal fortune exploded to upwards of $30 million in 2024, the Minnesota Democrat disclosed just months after telling the press it is “ridiculous” and “categorically false” to say she is worth millions of dollars.
Omar reported in her latest financial disclosure that she and her husband, former political consultant Tim Mynett, accumulated a net worth at the end of 2024 ranging from at least $6 million to $30 million. Their wealth is derived almost entirely from the value of Mynett’s ownership stake in his two companies that, together, were worth no more than $51,000 at the end of 2023. The exact value of Omar’s personal fortune at the end of 2024 is unclear—lawmakers disclose the value of their holdings and debts in ranges. Still, the figures in Omar’s latest disclosures show that her and her husband’s net worth skyrocketed by at least 3,500 percent in just one year.
That’s even better than Nancy Pelosi has done.
How this happened raises a lot of questions.
Omar has her husband to thank for catapulting her to multimillionaire status in 2024. Mynett’s California-based winery eStCru LLC and venture capital firm Rose Lake Capital both achieved remarkable financial turnarounds in 2024. At the end of 2023, Mynett’s combined stake in both companies was worth no more than $51,000, the firms had less than $700 across all their bank accounts, and Mynett and his business partner, former DNC adviser Will Hailer, were saddled with lawsuits from investors claiming they defrauded them out of millions of dollars.
There were lawsuits flying around but somehow they all dissipated
Mynett’s stake in his California winery, eStCru LLC, was worth no more than $50,000 at the end of 2023, Omar disclosed. The winery had just $650 in its bank account in February 2024, according to court documents obtained by the Minnesota Reformer, and was facing a lawsuit from Washington, D.C., businessman Naeem Mohd alleging Mynett and Hailer failed to pay up after promising to triple his $300,000 investment in the winery in just 18 months.
Mohd filed suit in California against Mynett, Hailer, and eStCru LLC in 2023 seeking $780,000 in damages. Mohd filed a motion to drop the suit in November 2024 after reaching a settlement with the winery, the Free Beacon has learned.
“We did settle and the amount was paid,” Modh’s attorney, Faisal Gill, told the Free Beacon. Gill declined to share the exact amount of the settlement.
Mynett’s other company, Rose Lake Capital, was in no better shape at the beginning of 2024. The venture capital firm was worth no more than $1,000 to Mynett at the end of 2023, Omar disclosed, and had just $42.44 in its bank accounts in February 2024, according to court documents obtained by the Minnesota Reformer.
And then magically it went supernova:
By the end of 2024, Mynett’s stake in Rose Lake Capital ballooned to up to $25 million, Omar reported in her latest financial disclosure.
Mynett and Hailer formed Rose Lake Capital in 2022. It claims on its website to have $60 billion in assets under management and boasts an “extensive global network” and expertise at structuring “legislation.” The firm’s advisory board includes two former Barack Obama ambassadors, Max Baucus and J. Adam Ereli, as well as former Amalgamated Bank CEO Keith Mestrich.
It’s enough to make Jared Kushner blush.
It’s one heck of an outcome for someone who routinely bashes America while declaring her allegiance to Somalia first and her being a “Somali girl.”
Rep. Ilhan Omar refers to the President of Somalia as “our president”
“We have a special relationship. I call him uncle and he calls me his girl.”
“Somalia is our home. It is our heart. We always think about Somalia.” pic.twitter.com/yxHqyk35OQ
— End Wokeness (@EndWokeness) January 30, 2024
Read the rest of the Free Beacon article. There are number of questions that demand answers. This would be a good place to start.
Hailer settled that lawsuit for $1.2 million in August 2024, according to the Minnesota Reformer. The outlet reported that it’s unclear how Hailer was able to pay the settlement, noting court documents that showed he had less than $750 in his bank accounts at the beginning of 2024.
I diagnosed this correctly. Ilhan Omar is a cancer in the House of Representatives.
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Author: DrJohn
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