Squad Member Claims ‘I’m not a millionaire’ But New Disclosure Proves That to Be a Lie

Squad member Rep. Ilhan Omar’s latest congressional financial disclosure has raised eyebrows, showing her net worth has soared to as much as $30 million in just a year.

The 2025 report, first flagged by the Washington Free Beacon, revealed Omar and her husband, Tim Mynett, now hold assets valued between $6 million and $30 million. This comes despite her repeated claims earlier this year that she was “not a millionaire.” The dramatic jump stems largely from Mynett’s businesses — a California winery and a venture capital firm.

Just a year ago, in 2023, those same holdings were valued at a modest $51,000. The following year saw little growth, making the sudden spike in 2025 all the more striking.

Omar has consistently dismissed speculation about her wealth. “Since getting elected, there has been a coordinated right-wing disinformation campaign claiming all sorts of wild things, including the ridiculous claim I am worth millions of dollars which is categorically false,” she told Business Insider earlier this year.

She doubled down soon after, saying, “I am not a millionaire,” and suggested critics should “try checking my public financial statements.”

But the latest filing shows Mynett’s firm, Rose Lake Capital, now worth between $5 million and $25 million, while his winery, eStCru Wines, is valued at $1 million to $5 million.

The disclosure landed as Omar renewed her push for gun control following a tragic school shooting in Minneapolis. Appearing on CNN’s State of the Union, she called for banning assault weapons. “It is important for us to make sure that we are offering a slew of solutions,” Omar said. “One is to make sure that we are getting rid of assault weapons in our community.”