Rep. Ilhan Omar has dramatically revised financial disclosures that previously showed multimillion-dollar assets, now claiming the figures were the result of an “accounting error.”
The far-left Somali Democrat, who regularly demands that lawmakers raise taxes on the super-rich, had reported assets between $6 million and $30 million in a prior filing.
Yet according to The Wall Street Journal, an amended disclosure now places total assets at just $18,004 to $95,000.
The sharp drop follows scrutiny over the sudden jump in reported wealth.
Omar’s office said the earlier figures were incorrect and attributed the discrepancy to reliance on accountants.
“The amended disclosure confirms what we’ve said all along: The congresswoman is not a millionaire,” a spokesperson said.
Rep. Ilhan Omar filed documents with Congress saying her wealth was between $6 million and $30 million. Now she says that was a mistake, and her wealth is actually between $18,000 and $95,000. That’s quite a difference. From @WSJ: https://t.co/nSSy3WUrNW
— Byron York (@ByronYork) April 18, 2026
Businesses linked to Omar’s husband, Tim Mynett, including a venture capital firm and a California winery, had previously been listed in the multimillion-dollar range.
In the amended filing, both are now listed as having no value once liabilities are included.
A letter from Omar’s legal team claimed the “error” was unintentional and said no wrongdoing occurred.
“As the busiest of people, it is very common for members and their spouses to rely on learned professionals,” the letter said.
“While the error is of course unfortunate, there is nothing untoward and nothing illegal has occurred.”
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 (@Badhombre) September 2, 2025
The updated disclosure was filed in response to a request for information from the Office of Congressional Conduct.
Despite the revised asset figures, the filing still shows 2024 income from those same businesses ranging from $102,503 to $1,005,200, including $213,200 paid to Mynett by the venture firm and $3,000 from the winery.
Separate documents cited in the filing valued the venture firm at $7.9 million and the winery at $1.5 million, with Mynett holding partial ownership stakes.
Omar also reported student loan and credit card debt ranging from $15,001 to $50,000.
Minnesota Democrat Rep. Ilhan Omar Suddenly Somehow Worth $30 Million, According to Report
The financial disclosures come amid continued scrutiny of Omar’s immigration status, with continued allegations that she married her brother to obtain U.S. citizenship.
