Rep. Ilhan Omar, D-Minn., said she is not a millionaire and blamed major accounting errors in congressional financial disclosures that listed her assets as high as $30 million, drawing scrutiny from Republicans and congressional regulators.
A redacted filing reviewed by The Wall Street Journal shows Omar and her husband’s assets range from $18,004 to $95,000, down sharply from an earlier disclosure that estimated their holdings were between $6 million and $30 million.
“The revised disclosure confirms what we have said all along: the congresswoman is not a millionaire,” Omar spokesperson Jaclyn Rogers told the Journal, adding that the document was corrected “as soon as the discrepancy was discovered.”
The revised disclosures come after the Office of Congressional Conduct requested more information earlier this year, The Wall Street Journal reported.
Trump blasts ‘crooked’ Ilhan Omar as House steps up probe into explosive net worth
On December 10, 2025, U.S. Democratic Representative Ilhan Omar of Minnesota posed for a photo in his office on Capitol Hill.
(Getty Images)
Omar’s lawyers said in a letter to regulators that the inaccurate filings were unintentional and stemmed from reliance on accountants.
Read it on the Fox News app
“As the busiest of people, it is common for members and their spouses to rely on knowledgeable professionals such as accountants to make calculations and decisions that appear in public filings,” the attorney wrote, according to the Wall Street Journal. “Of course, while the error was unfortunate, there was nothing inappropriate and no illegal conduct occurred.”
The redacted documents show Omar earned between $102,503 and $1,005,200 in 2024 from assets owned by her and her husband, the Wall Street Journal reported. Documents attached to the attorney’s letter show that her husband’s venture capital management company allocated $213,200 to her husband and a winery allocated $3,000 to her.
Tim Walz ‘enabled fraud’ as whistleblower fails at Minnesota hearing
Minnesota Democratic Reps. Ilhan Omar, left, and Tim Mynette arrive at the state dinner hosted by President Joe Biden and First Lady Jill Biden for Kenyan President William Ruto at the White House in Washington, DC, May 23, 2024.
Omar’s husband and his accountant valued the venture at $7.9 million and the winery at $1.5 million in a 2025 email, according to tax documents cited by The Wall Street Journal, even though he owned about a third of both businesses.
The updated disclosures also show Omar has $15,001 to $50,000 in student loan debt and a similar amount in credit card debt.
The discrepancy has drawn scrutiny from House Republicans, who question how such large swings in reported assets persist.
In a February letter to Omar’s husband, House Oversight Committee Chairman James Comer, R-Ky., expressed concern about financial disclosures that showed the value of two companies, eStCru LLC and Rose Lake Capital, soared from tens of thousands of dollars in 2023 to $30 million in 2024.
The sudden increase “raises concerns that unknown individuals may be investing to gain influence,” Cuomo said, requesting financial records related to the businesses.
Omar’s office pushed back, calling Cuomo’s request a “political stunt” and part of a campaign “aimed at fundraising rather than real oversight,” according to the Associated Press.
Rep. Ilhan Omar sits with her husband Tim Mynett on the first day of the Democratic National Convention at the United Center in Chicago on August 19, 2024.
A 2025 financial disclosure document previously listed Omar’s husband’s multimillion-dollar business interests, including a winery worth $1 million to $5 million and a venture capital firm worth $5 million to $25 million.
Those valuations were later revised in revised filings, with the businesses listed as having no net worth once liabilities were taken into account, the Wall Street Journal reported.
Omar, a progressive Democrat from Somalia and a member of the “Squad,” has clashed frequently with President Donald Trump since he was first elected in 2018 and has long been the target of Republican criticism.
Trump has suggested Omar benefited from Minnesota’s vast welfare fraud scandal, which implicated many in the Somali community, a claim she has denied.
Judicial Watch President Tom Fitton weighed in on the revised filing, questioning how previously unreported liabilities wiped out millions in reported assets.
Click here to download the Fox News app
“Ilhan Omar says her congressional financial reports contained huge accounting errors,” Fitton wrote on X . “She and her husband are only worth $18,000 to $86,000, not $6 million to $30 million! Previously unreported ‘liabilities’ wiped out the wealth!”
Fox News Digital has reached out to Omar’s office for comment and will update this story with any response.
The Associated Press contributed to this report.
Original source of the article: Ilhan Omar’s office says she’s ‘not a millionaire’ after $30m claim lowered to under $100,000: report