Ilhan Omar Says Earlier Multimillion-Dollar Disclosure Was an 'Accounting Error' After Amended Filing Lowers Assets

Representative Ilhan Omar has filed an amended financial disclosure after previously reporting assets in the multimillion-dollar range, now attributing the discrepancy to an “accounting error.” The earlier filing, which listed Omar’s assets between $6 million and $30 million, has been replaced by a document that places her total assets in a far narrower band — between $18,004 and $95,000 — according to reporting by The Wall Street Journal.

The sharp reduction in reported assets follows scrutiny over the sudden increase in Omar’s disclosed wealth. Omar’s congressional office said the larger figures in the earlier filing were incorrect and the discrepancy arose from reliance on outside accountants. A spokesperson summarized the amended filing in a statement, saying, “The amended disclosure confirms what we’ve said all along: The congresswoman is not a millionaire.”

Businesses connected to Omar’s husband, Tim Mynett, figured prominently in the earlier disclosures and in the questions that followed. Separate documents previously cited in the filings had valued a venture capital firm linked to Mynett at $7.9 million and a California winery at $1.5 million, with Mynett holding partial ownership stakes in both. In the amended disclosure, however, those businesses are listed as having no net value once liabilities are included.

Despite the reduction in reported assets, the filing still shows 2024 income from those same businesses. The disclosure lists total 2024 income tied to the ventures in a range from $102,503 to $1,005,200, including a $213,200 payment to Mynett from the venture firm and $3,000 from the winery. Those income figures remain part of the public record even as overall asset totals were revised downward.

Omar’s legal team responded to inquiries about the discrepancy with a letter saying the error was unintentional and insisting no wrongdoing occurred. The letter stated: “As the busiest of people, it is very common for members and their spouses to rely on learned professionals. While the error is of course unfortunate, there is nothing untoward and nothing illegal has occurred.”

The updated filing was submitted in response to a request for information from the Office of Congressional Conduct. The correction and the circumstances that prompted the request have drawn attention from both political observers and social media. Posts on social platforms highlighted the scale of the change, noting that Omar’s net worth had been reported as negative when she was first elected to Congress in 2019 and was shown at a much higher level in a 2025 disclosure, prompting questions about the timing and sources of the valuations.

The amended financial disclosure and accompanying explanations come amid sustained scrutiny of the congresswoman on other fronts. The article notes ongoing allegations related to Omar’s immigration history, including persistent claims that she married a sibling to obtain U.S. citizenship; those claims remain allegations in the public record. The disclosure revision itself shifts focus to the mechanics of congressional financial reporting, the role of outside accountants and valuation documents in preparing disclosures, and the oversight role of House ethics bodies.

For now, Omar’s office and legal representatives characterize the amended filing as a correction of an accounting mistake and deny any illegal conduct. The Office of Congressional Conduct’s request that prompted the filing underscores that congressional financial disclosures are subject to review, and the episode is likely to sustain interest among ethics watchdogs, political opponents and constituents seeking clarity about members’ financial statements and potential conflicts of interest.