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

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.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.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-en...