Democratic Minnesota Rep. Ilhan Omar’s latest financial disclosures show dramatically lower reported asset values than an earlier filing that listed millions of dollars in businesses connected to her husband.
Revised Financial Disclosures
In a financial report meant to cover 2024, the Minnesota Democrat claimed that she and her husband controlled between $6 million and $30 million in assets. However, in a recently filed 2025 report, Omar revised the value of her and her spouse’s assets down to, at most, $125,000.
Taking the lower-end estimate of Omar’s assets as reported in the disclosure — just $20,000 — and comparing it against both the low and high estimates of her debt — $30,000 and $100,000, respectively — would leave the congresswoman with a negative net worth.
Her husband has between $15,000 and $50,000 of credit card debt while the congresswoman has a student loan balance also worth between $15,000 and $50,000.
A spokeswoman for Omar told Fox News Digital, ‘The amended disclosure confirms what we’ve said all along: the Congresswoman is not a millionaire.’ The original filing was based on incomplete information from Mr. Mynett’s businesses’ accountants in good faith and deference to professional judgement.
Original reporting: Fox News (HLL/CB) — read the source article.