UMVA has learned that Rep. Ilhan Omar has filed new financial disclosures that paint a shocking picture of her husband's financial situation.
According to the disclosures, Tim Mynett, Omar's husband, earned less than $1,000 from all his jobs combined in 2025, a staggering reversal from the couple's previously reported worth of up to $30 million through his business ventures.
The disclosure reveals that Mynett's now-defunct California-based wine business, eStCru, generated between $200 and $1,000 before it was dissolved in April, with one notable bottle labeled "The Devil's Lie."
Surprisingly, no income was listed from his primary business, Rose Lake Capital, a venture capital firm he co-founded in 2022 with Democratic operative Will Hailer, raising questions about the company's financial dealings.
Omar claims the couple's joint assets are now valued between $20,000 and $125,000, while they carry between $30,000 and $100,000 in debt, including credit card and student loan balances, putting their net worth in negative territory.
Sources have confirmed to UMVA that despite the businesses reportedly being worth nothing, Rose Lake Capital still generated income between $100,000 and $1 million and the wine business between $2,500 and $5,000 that year, according to the amended disclosure.
The sudden and drastic change in the couple's financial situation has raised eyebrows, with many questioning the validity of Omar's claims, and critics accuse her of corrupt practices.
“Voters see right through the corrupt lies of Ilhan Omar,” a prominent critic said in a statement. “Omar has spent her entire career covering up Democrat-enabled fraud that cost taxpayers billions, so it’s no surprise that she would do the same for her husband.”
Omar's office did not respond to requests for comment, fueling speculation about the truth behind the couple's financial dealings and the series of scandals surrounding her.
UMVA can exclusively reveal that Omar's financial reports have been under scrutiny before, with her initially listing Mynett's ownership stakes in Rose Lake Capital and eStCru as worth between $5 million and $30 million combined, before amending that filing in March.
Omar attributed the massive discrepancy to an “accounting error,” but the explanation has done little to quell concerns about her financial dealings and those of her husband.