Ilhan Omar net worth by year shows how her finances evolved from modest beginnings to millions in household assets. Explore her net worth growth annually.

2018 (Before Congress / First Election)

Before taking office, Ilhan Omar reported a negative net worth, meaning her liabilities exceeded her assets. She primarily managed student loans and minimal savings, reflecting her early economic situation as a newly elected representative.

2019–2020 

During her first term in Congress, Omar’s net worth remained modest. Disclosures indicate limited assets and ongoing debt, with total net worth estimated under $50,000, mainly from her congressional salary and small investments.

2021–2022

Omar’s finances stayed relatively stable with no major wealth increase. Her net worth remained low, as household assets were modest, and she continued reporting student loans and other obligations. The estimated figure is between $50,000 – $115,000.

2023

By the end of 2023, Omar and her husband’s combined reported assets were around $75,000 – $120,000. This reflected a modest financial position before the major increase from her husband’s business ventures.

End of 2024

Disclosures for 2024 revealed a dramatic rise in household net worth, estimated between $6 million and $30 million. Most of this came from her husband Tim Mynett’s ventures, including a winery and a venture capital firm, while Omar’s personal net worth remained much lower.

2025 Estimates 

Third-party reports place Omar’s household net worth at roughly $30 million, largely reflecting joint business assets rather than liquid personal wealth.

Combined Household Earnings and Net Worth

Her husband, Tim Mynett, is a political consultant and investor. He has held ownership stakes in businesses such as Rose Lake Capital and eStCru LLC, whose reported values place his wealth significantly higher than Omar’s salary-based earnings.

Based on recent congressional financial disclosures, Ilhan Omar and her husband’s combined household net worth is estimated to fall between approximately $6 million and $30 million. This wide range exists because U.S. disclosures list asset values in brackets rather than exact figures.

Overall, while Ilhan Omar’s income comes mainly from her congressional salary, the majority of the couple’s combined earnings and wealth are attributed to her husband’s business investments, not her role in public office.

According to the disclosure:

Rose Lake Capital LLC (venture capital firm): valued at $5 million to $25 million.
eStCru LLC (California winery): valued at $1 million to $5 million.

Ilhan Omar Salary Per Month

As of 2026, U.S. Representative Ilhan Omar’s official salary as a member of the U.S. House of Representatives is $174,000 per year — this is the standard base salary for rank‑and‑file House members and has not changed since 2009.

Salary Breakdown

  • Annual salary: ~$174,000 before taxes and deductions.

  • Monthly salary: ~$14,500 per month before taxes.

This salary does not include book royalties, speaking fees, or other income streams. It refers strictly to her compensation as a U.S. Representative.

How Did Ilhan Omar Get Rich?

Ilhan Omar, the U.S. Representative from Minnesota, has built her wealth primarily through her career in public service, supplemented by investments, speaking engagements, and book deals. Her main source of income is her congressional salary, which in 2025 is around $174,000 per year.

In addition, Omar has made modest investments in stocks, mutual funds, and real estate, which contribute to her overall financial standing. She also earns extra income from public speaking and any published works, adding to her earnings.

While her net worth is moderate compared to business moguls or celebrities, it reflects steady financial management, career earnings, and household resources rather than extraordinary wealth accumulation.