Ilhan Omar’s Rapid One Year 3,500% Wealth Growth Tied Directly to Husband’s Consulting Firm

Rep. Ilhan Omar (D-MN) is once again under scrutiny following revelations about her personal finances and her husband’s business dealings.

JUST IN: Ilhan Omar reported a negative net worth of -$45,000 when she was first elected to Congress in 2019.

Her latest financial disclosure from May 2025 shows a net worth of up to $30 Million.

That’s a 66,676% increase in 6 years. pic.twitter.com/hDhyMCVt0K

— Bad Hombre (@joma_gc) September 2, 2025

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The Minnesota congresswoman recently defended herself in an interview with Business Insider, where she dismissed questions about her wealth as part of what she called a “coordinated, right-wing disinformation campaign.”

Omar challenged critics to review her public financial disclosures, saying they would confirm her claims.

RECEIPTS:

Earlier this year, Ilhan Omar (D., Minn.) complained to Business Insider she’s been the subject of a “coordinated right-wing disinformation campaign” claiming she’s worth millions of dollars. “Maybe try checking my public financial statements,” she said, “and you will… pic.twitter.com/hPWq1eOkSJ

— Washington Free Beacon (@FreeBeacon) September 1, 2025

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However, a review of those records by the Washington Free Beacon found evidence that has raised new concerns about how she and her husband, political consultant Tim Mynett, have accumulated significant wealth in recent years.

According to the report, Omar’s financial disclosures show that she is worth at least $6 million.

The increase in her net worth is closely linked to payments her campaign made to Mynett’s consulting firm.

Since 2019, Omar’s campaign has directed nearly $2.9 million in payments to Mynett’s company for consulting and related services.

The relationship between Omar and Mynett attracted attention in 2019, when reports surfaced of an affair between the two while Mynett’s firm was receiving large sums from Omar’s campaign.

They later married, which gave Omar direct access to the financial benefits of the firm’s success.

After receiving millions from Omar’s campaign, Mynett left the consulting business and launched a series of other ventures.

According to the Free Beacon, those ventures have substantially increased the couple’s wealth.

The exact value of Omar’s 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.

— Washington Free Beacon (@FreeBeacon) September 1, 2025

Mynett exited the political consulting business shortly thereafter, branching out to launch winery and venture capital businesses that have ballooned in value.

— Washington Free Beacon (@FreeBeacon) September 1, 2025

Critics say the arrangement highlights a significant loophole in campaign finance law.

While federal law restricts direct personal use of campaign funds, payments to family members for services can be permitted if deemed legitimate campaign expenses.

That exception has allowed lawmakers to route millions of dollars to relatives under the guise of consulting or other services.

Rep. Maxine Waters (D-CA) has faced similar criticism for directing millions in campaign funds to her daughter for services described as campaign-related.

These cases have raised questions about whether current campaign finance rules adequately prevent elected officials from personally benefiting from campaign contributions.

Omar’s situation has drawn attention because of how quickly her financial position appears to have changed.

Critics argue that her claims of being the target of disinformation do not address the documented payments her campaign made to her husband’s firm.

Omar has previously been the subject of controversy regarding her personal life, including longstanding allegations about her past marriage, though she has denied wrongdoing.

The latest financial disclosures add another layer of questions about her conduct as a sitting member of Congress.

Despite the questions, no formal action has been taken by the House Ethics Committee or the Department of Justice.

The lack of an investigation has led some observers to call for stricter enforcement of campaign finance rules.

Omar remains a prominent figure within the Democratic Party, known for her outspoken positions on foreign policy and domestic issues.

However, the financial dealings involving her campaign and her husband’s businesses continue to draw criticism and raise questions about accountability in Congress.