How Ilhan Omar went from capitalist-hating Squad activist to Marxist millionaire sporting Jimmy Choos

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Democratic Rep. Ilhan Omar may claim to hate capitalism, but doesn’t appear to have any trouble taking advantage of its spoils.

The self-proclaimed Marxist has been sporting sunglasses from luxury designers Jimmy Choo, Oliver Peoples, and Prada — worth up to $500 each — to lecture people on spreading the wealth.

The Democratic “Squad” member was also revealed this week to have a net worth of up to $30 million, a 3,500% increase since 2023, on her latest financial disclosure with third husband, Tim Mynett.

This comes after she stated “I am not a millionaire,” during a February interview, clearly aiming to shield her newfound wealthy status from the public.

Adding to her image as a champagne socialist, part of Omar’s newfound fortune comes from her being part owner, alongside Mynett, of a California winery selling its signature eStCru blockchain Cabernet for $73 per bottle and cans of sparkling rosé for $20 each — available not at the government-run grocery store, but boutique markets along the West Coast, an analysis by The Post revealed.

Before she became a Sonoma vineyard vixen, the sanctimonious Squad member has long looked the part: attending “Defund the Police” rallies in $500 Jimmy Choo sunglasses; hobnobbing with the common folk in $530 black Prada shades; or protesting against Israel at Columbia University decked out in finely hand-crafted $400 specs from luxury eyewear maker Oliver Peoples.

And Omar’s bonanza windfall couldn’t have come at a better time: a review of her financial disclosure by The Post revealed that she has as much as $50,000 in credit card debt.

House Majority Whip Tom Emmer, who butted heads with Omar earlier this year, isn’t surprised by her duplicity.

“At least now we have an explanation for why she’s so out of touch with the priorities of hardworking, everyday Minnesotans.

“Ilhan Omar is as disingenuous as they come. She promotes socialist policies while cashing in a taxpayer-funded paycheck and sitting on tens of millions of dollars,” Emmer, a fellow Minnesotan, told The Post when asked of Omar’s newfound embrace of capitalism.

Florida Republican congressman Randy Fine — who Somalia-born Omar once smeared as “racist” and “hateful” — suggested to The Post Omar give her fat stack back to the needy she pretends to champion.

“Ilhan Omar has spent years in Congress telling us how great socialism would be in America,” Fine told The Post.

“Maybe she should live her principles and redistribute her wealth back to that Third World country she came from. It’s obvious she doesn’t appreciate living in America.”

“Ilhan Omar should use her newfound wealth to invest in a treatment plan to cure her Trump Derangement Syndrome,” White House spokeswoman Abigail Jackson told The Post when asked for comment on Omar’s apparent stash.

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

Omar, who once declared that America should be “fearful” of white men, owes her sudden windfall to Mynett and a cast of former liberal diplomats and Democrat party operatives with “deep global networks,” who are behind another business venture, Rose Lake Capital.

The Washington, DC-based business was formed in 2022 by longtime Dem operatives Mynett and Will Hailer—who had met in 2011 while both working on the campaign of Omar’s predecessor, Keith Ellison.

Other progressive moneymen who’ve partnered with Mynett and Hailer on their project include: former Obama Ambassador to China, Max Baucus; former Obama Ambassador to Bahrain, Adam Ereli; former treasurer of the Democratic National Committee, William Derrough; DNC Finance Chair associate, Alex Hoffman; and former union boss and ex-CEO of Amalgamated Bank, Keith Mestrich; who once described Amalgamated as “the institutional bank of the Democratic Party.”    

Sheila Healy, the lone female on the board, is a former Bernie Sanders advisor.

In the latest financial disclosures, Rose Lake Capital’s assets were valued between $5 million and $25 million by the close of 2024 — up from just $1,000 the previous year.

In another true capitalist move, Omar’s even helped enrich her now-husband’s coffers — paying another of Mynett’s companies, a political consultancy, at least $2.8 million when she ran for Congress in 2018. A complaint to the FEC alleged a chunk of those funds were misused for personal and romantic expenditures — like trips to California wine country. 

The FEC rejected the complaint in 2021, but ordered Omar to revise her reporting. During the time they were allegedly having an affair, Omar had repeatedly denied she was romantically involved with Mynett.

While running Omar’s congressional campaign, Mynett cheated on his wife of seven years with her, according to his ex-wife’s divorce filings. He came home one night in April 2019 to announce he was in love with the congresswoman — and, heartbreakingly, that he had never loved his then-wife, mother of their 13-year-old son, according to the court filings.

After news of the affair broke, Omar’s husband then, too, filed for divorce.

Mynett converted to Islam and became Omar’s third husband.

Around the time Mynett began the affair he was “broke” and his business “floundering,” according to court documents.

He’s also been involved in legal wrangles. DC restaurateur Naeem Mohd sued Mynett for fraud in 2023. The two later settled out of court.

Three companies owned by Hailer and Mynett also agreed to pay South Dakota marijuana growers $1.7 million to settle a lawsuit alleging fraud and breach of contract, according to the Minnesota Informer.  Only $500,000 had been paid back this June, and the farmers were suing for the rest, according to the newspaper.

Mynett was not listed as a defendant in the lawsuit and noted he had withdrawn from one of the companies in 2022.

Mynett did not return The Post’s request for comment.

Mynett’s ex-wife, Beth Jordan, Omar’s second husband Ahmed Hirsi, and Naeem Mohd did not respond to requests for comment from The Post.

All this has some wondering if Omar’s big money jackpot will be realized — or if she’ll end up renting her fancy shades in the future.

Property records obtained by The Post revealed the newlyweds have yet to purchase a mansion together, and instead are listed as bizarrely living with five roommates in a small, rented DC home.  

Omar, 44, is also still paying off her student loans — despite blowing $200 at Tiffany on a pair of sunglasses not too long ago, pictures show.

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