Thursday, June 25, 2026
06/25/2026

Far from a millionaire, Ilhan Omar now claims a potentially negative net worth

  • by:
  • Source: Fox News
  • 06/22/2026

Democratic Minnesota Rep. Ilhan Omar’s latest financial disclosures show dramatically lower reported asset values than an earlier filing that listed millions of dollars in businesses connected to her husband.

In a financial report meant to cover 2024, the Minnesota Democrat claimed that she and her husband controlled between $6 million and $30 million in assets, figures that raised eyebrows as conservatives honed in on allegations of fraud among Minneapolis’ Somali community. In a recently filed 2025 report reviewed by Fox News Digital, however, Omar revised the value of her and her spouse’s assets down to, at most, $125,000.

Taking the lower-end estimate of Omar’s assets as reported in the disclosure — just $20,000 — and comparing it against both the low and high estimates of her debt — $30,000 and $100,000, respectively — would leave the congresswoman with a negative net worth. Congressional financial disclosures report broad ranges, so the filings do not establish a precise net worth.

Source: Fox News
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