Penthouse to outhouse: ‘Poor’ Ilhan Omar now claims erstwhile-millionaire hubby made as little as $200 last year

I'm sure there's a perfectly reasonable explanation for all of this.

They're a bunch of crooks.

Penthouse to outhouse: ‘Poor’ Ilhan Omar now claims erstwhile-millionaire hubby made as little as $200 last year

By Gabrielle Fahmy, NY Post

Published June 21, 2026

Scandal-scarred Rep. Ilhan Omar and her hubby have gone from the penthouse to the poorhouse.

The husband of the Minnesota “Squad” firebrand — who once valued his venture capital and wine empire at up to $30 million — now claims to be pocketing as little as $200 a year.

The embattled socialist claimed hubby Tim Mynett made no income last year from his main business, Rose Lake Capital, according to her newly released 2025 financial disclosure report.

Omar said hubby Tim Mynett made less than $1,000 last year.

The only money Mynett — who has nearly two decades of experience in DC — earned last year is a meager $200 to $1,000 from his defunct California-based wine business eStCru, which sold bottles such as “The Devil’s Lie” before going belly up in April.

Omar claimed the total value of the couple’s assets was between $20,000 and $125,000 for 2025, and their credit card and student-loan debt hovered between $30,000 and $100,000 — putting their net worth at negative-$80,000-$95,000, according to the report.

The head-scratching financial disclosure comes after the couple in 2024 reported sudden ballooning wealth — from close to nothing to between $5 million and $30 million — sparking intense public scrutiny.

That spurred a Congressional investigation into Omar’s finances, just as a massive social services fraud scheme involving the Somali community in her district was blowing up.

In response, Somalia-born Omar filed an amended 2024 financial disclosure in March, listing the value of Mynett’s ownership stakes in both businesses at zero. She chalked up the “discrepancy” on an accounting error.

A bottle of "The Devil's Due" 2018 Malbec wine, with an illustration of a woman and the devil on the label.

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.

“Voters see right through the corrupt lies of Ilhan Omar,” Republican National Committee spokeswoman Delanie Bomar told The Post. “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.”

Mynett, 44, launched Rose Lake Capital in 2022 with his longtime business partner, Will Hailer, another Democratic operative.

The pair met working for Minnesota Attorney General Keith Ellison in 2012 when he was running for re-election to Congress.

Ellison, who was caught on tape being bribed by Somali fraudsters — a claim he rejected, saying he took the meeting in good faith — gave up that House seat in 2018 to make way for Omar, a move Hailer has taken credit for orchestrating.

Omar’s office did not return The Post’s request for comment.