Rep. Ilhan Omar recently addressed claims about her wealth, stating she has neither “thousands let alone millions,” does not own stocks or a house, and is still repaying her student loans. Her remarks sparked mixed reactions on X, ranging from skepticism to reluctant admiration.
Omar, a Minnesota lawmaker and member of the progressive “Squad” alongside Rep. Alexandria Ocasio-Cortez (AOC), publicly discussed her finances after an X user alleged both congresswomen were worth tens of millions of dollars and accused Ocasio-Cortez of taking bribes. In response, Ocasio-Cortez refuted the claim, stating she is worth less than $500,000, has no income beyond her government salary, and does not own a house or trade individual stocks.
Omar similarly denied the allegations, calling the user’s claim false and pointing to her past financial disclosures as proof of her modest financial standing—adding a facepalm emoji for emphasis.
Born in Somalia, Omar came to the U.S. as a refugee in 1995 and has served in the House of Representatives since 2019, earning the standard congressional salary of $174,000 per year. Her 2023 financial disclosure revealed up to $65,000 in assets, divided between a congressional savings account and a Minnesota state retirement account. She also reported between $15,001 and $50,000 in outstanding student loans dating back to 2005. Like Ocasio-Cortez, she may hold additional funds in accounts not subject to disclosure requirements.
Her spouse, political consultant Tim Mynett, disclosed up to $143,000 in assets and approximately $54,000 in income from individual retirement accounts (IRAs), 401(k) plans, a winery, and a venture capital firm.
Omar, born on October 4, 1982, represents Minnesota’s 5th congressional district, covering Minneapolis and its inner suburbs. Before her election to Congress, she served in the Minnesota House of Representatives from 2017 to 2019. She currently serves as deputy chair of the Congressional Progressive Caucus and advocates for policies such as a $15 minimum wage, universal healthcare, student loan debt forgiveness, protections for Deferred Action for Childhood Arrivals (DACA), and the abolition of U.S. Immigration and Customs Enforcement (ICE).