A congressional financial disclosure listing US Representative Ilhan Omar’s assets at up to $30 million has been dramatically revised downward following intervention by a watchdog body, with an amended filing now placing her total holdings at under $100,000.
The corrected document, reviewed by the Wall Street Journal, shows that Omar and her husband’s combined assets fall between $18,004 and $95,000 — a stark contrast to the original filing, which had estimated their holdings at between $6 million and $30 million. Her office attributed the discrepancy to an accounting error, stating the amendment was made “as soon as the discrepancy was identified.”
“The amended disclosure confirms what we’ve said all along: The congresswoman is not a millionaire,” spokesperson Jacklyn Rogers told the Journal.
The revision followed a request for further information from the Office of Congressional Conduct earlier this year. In a letter to the watchdog, Omar’s attorney described the original filing as unintentional, attributing it to reliance on professional accountants. “While the error is of course unfortunate, there is nothing untoward and nothing illegal has occurred,” the attorney wrote.
The amended filing indicates that Omar reported between $102,503 and $1,005,200 in income during 2024. Supporting documentation showed $213,200 in distributions to her husband from his venture capital management firm and $3,000 from a winery he part-owns. A 2025 email between Omar’s husband and his accountant valued the venture capital firm at $7.9 million and the winery at $1.5 million, though he holds approximately a one-third stake in each. Once liabilities were factored in, however, both businesses were listed as carrying no net value in the revised disclosure.
The original figures had already attracted scrutiny from House Republicans. In February, House Oversight Committee Chairman James Comer wrote to Omar’s husband raising concerns about the reported surge in value of two companies — eStCru LLC and Rose Lake Capital — from tens of thousands of dollars in 2023 to as much as $30 million the following year. Comer said the sharp increase “raises concerns that unknown individuals may be investing to gain influence.” Omar’s office dismissed the inquiry as “a political stunt” driven by fundraising rather than genuine oversight.
The updated filing also reveals that Omar carries between $15,001 and $50,000 in student loan debt, alongside a similar amount in credit card debt.
Judicial Watch President Tom Fitton was among those to comment on the revision, writing on X that previously undisclosed liabilities had effectively erased millions in reported wealth.
Omar, a progressive Democrat and member of the so-called Squad, has represented Minnesota since 2018 and has been a recurring target of Republican criticism throughout her time in office.
