Which assets on Ilhan Omar’s 2024 disclosure are attributed to Tim Mynett and how are they valued?
Executive summary
Ilhan Omar’s 2024 congressional financial disclosure attributes two of the largest reported asset ranges to businesses run or co-owned by her husband, Timothy (Tim) Mynett: Rose Lake Capital is listed at $5 million to $25 million and a California winery (listed as eStCru/ESTCRU LLC) at $1 million to $5 million, and both entries are reported as partnership or business income tied to Mynett’s ventures [1][2][3].
1. The specific assets tied to Tim Mynett and how Omar reported their values
The disclosure explicitly lists Rose Lake Capital LLC with an estimated value between $5 million and $25 million, a sharp jump from prior years' small valuations, and lists a winery—reported under names such as eStCru or ESTCRU LLC—at between $1 million and $5 million in the 2024 filing. These two items are the principal drivers of the high-end household asset estimates on Omar’s form [1][2][4].
2. How the filings label ownership and income from those assets
Omar’s form reports those entries under categories reflecting business partnerships or partnership income rather than sole personal holdings, and Snopes notes that the large values represent estimated valuations for businesses “run in part by her husband,” indicating the filings treat the holdings as household or partnership assets connected to Mynett’s enterprises [3][1].
3. The change from prior valuations and why it matters
Multiple outlets report that Rose Lake Capital moved in the filings from a sub-$1,000 valuation in 2023 to a $5 million–$25 million range in 2024 and that the winery rose from roughly $15,001–$50,000 to $1 million–$5 million in the same interval, a change that prompted media scrutiny because congressional disclosures record ranges rather than precise market appraisals and because the year-over-year leap is large on its face [1][2][5].
4. How those asset ranges feed headline net-worth calculations
Because the Clerk’s disclosure format uses broad ranges, combining the maximums reported for those businesses with Omar’s other assets produces upper-end household net-worth estimates that media and watchdogs have reported as between roughly $6 million and $30 million; conversely, using minimums and accounting for liabilities yields far lower figures—an ambiguity noted by outlets including Snopes and Newsweek that underscores that headlines citing a single $30 million figure compress range-based data into a precise number the disclosure does not supply [3][6][7].
5. Disputes, probes and the limits of public reporting
The spike in valuations has generated scrutiny from watchdogs and partisan commentators and led to reporting about complaints and reviews, including citations of the National Legal and Policy Center and broader media coverage; Omar has pushed back, saying claims she is “worth millions” are false and emphasizing that the high values are linked to businesses run by her husband rather than her personal salary, while outlets from Fox News to Snopes document both the filings and the political reactions; available sources do not provide a definitive public accounting of ownership percentages, valuation methodology, or independent appraisals to resolve the ranges reported on the disclosure [6][8][4][3].
6. Bottom line and reporting caveats
The 2024 disclosure ties two named assets to Tim Mynett’s ventures—Rose Lake Capital (reported at $5M–$25M) and the eStCru/ESTCRU winery (reported at $1M–$5M)—and treats them as partnership or business-related assets that drive the upper bound of household net-worth estimates; however, the filings present ranges, not precise valuations or ownership shares, and public reporting to date documents the contrasts and controversies without providing independent valuation data or the exact stake Mynett or Omar hold in those entities [1][2][3].