Ilhan Omar is one of the most recognized and talked-about figures in American politics today. She is a Somali-American and a Muslim woman. She also serves as a progressive member of the U.S. House of Representatives. Her journey has been both historic and closely watched. Naturally, many are curious about her finances, particularly Ilhan Omar net worth.
In this article, we’ll provide a deeply researched, SEO-optimized, and updated look at Ilhan Omar net worth in 2025, her income sources, assets, and any financial controversies that have made headlines.
Who Is Ilhan Omar?
Born in Mogadishu, Somalia, and raised in Minnesota after fleeing civil war, Ilhan Omar broke barriers when she was elected to the U.S. House of Representatives in 2018. She serves as the representative for Minnesota’s 5th congressional district, which includes the city of Minneapolis along with nearby suburban areas.
She is a member of “The Squad,” a group of progressive Democratic representatives. Known for her advocacy on healthcare, climate change, and foreign policy, Omar has also faced criticism and scrutiny from both political opponents and the media.
What Is Ilhan Omar Net Worth in 2025?
As of 2025, Ilhan Omar net worth is estimated to be approximately $115,000. This figure is based on her publicly available financial disclosure forms filed with the House of Representatives and data from reliable tracking sources like Quiver Quantitative.
Unlike many of her congressional peers who are millionaires, Ilhan Omar’s net worth remains modest. She has openly discussed repaying student loans and not owning any stocks or real estate.
Salary and Congressional Income
As a member of the U.S. as a member of House of Representatives, Ilhan Omar receives an annual base salary of $174,000. This is standard across the board for members of Congress, excluding leadership roles.
Other compensations may include:
- Health insurance and retirement plans
- Travel allowances for official duties
- Reimbursements for some work-related expenses
It’s important to note that this salary is before taxes and deductions like loan repayments and living expenses in both Minnesota and Washington, D.C.
Assets and Liabilities
Assets:
- Cash and bank accounts (undisclosed exact figures)
- No investments in individual stocks
- No disclosed real estate holdings
Liabilities:
- Student loan debt: A major liability disclosed in her earlier filings, which she has acknowledged publicly.
- No significant personal loans or mortgages reported as of 2024 filings
Ilhan Omar has been transparent about her lack of high-value assets, emphasizing a working-class background and relatable financial challenges.
Financial Disclosures and Controversies
Omar has complied with all legal requirements related to annual financial disclosure statements. However, in recent years, controversies have emerged regarding the completeness of her filings, particularly related to her husband Tim Mynett’s political consulting business.
Key Points:
- Allegations surfaced about campaign funds possibly benefiting Mynett’s firm.
- The FEC cleared Omar of wrongdoing, stating there was no evidence of intentional violations.
- Nonetheless, watchdog groups have called for increased scrutiny and disclosure in future filings.
While no laws were broken, these issues have sparked debates about ethics and transparency in campaign finance.
Business Ventures and Spouse’s Involvement
Ilhan Omar herself does not own or operate any private businesses. Her husband, Tim Mynett, is the co-founder of E Street Group. It is a consulting firm that has supported multiple political campaigns.
While E Street Group once had contracts with Omar’s campaign, they have since ceased business dealings to avoid conflicts of interest.
This situation has led to public scrutiny, but no legal findings of impropriety.
How Ilhan Omar’s Net Worth Compares to Other Members of Congress
Ilhan Omar net worth is modest when compared to many of her congressional peers. Many lawmakers boast multimillion-dollar portfolios and significant real estate holdings.
Example comparisons:
- Nancy Pelosi: Estimated net worth of $100M+
- Mitch McConnell: Estimated net worth around $30M
- Alexandria Ocasio-Cortez: Net worth estimated at around $200K–$300K
Omar’s modest financial profile contrasts sharply with the traditional image of wealthy politicians, reinforcing her working-class image among supporters.
Frequently Asked Questions
Is Ilhan Omar a millionaire?
No, Ilhan Omar is not a millionaire. Her net worth is estimated at approximately $115,000.
Does Ilhan Omar own any property?
As of 2025, there is no record of her owning any property or real estate.
How much student loan debt does Ilhan Omar have?
Exact figures are not disclosed, but her earlier filings revealed significant student loan obligations.
Is Ilhan Omar’s husband wealthy?
Tim Mynett is a political consultant, and while his firm has generated income, exact figures of his net worth are not publicly disclosed.
Final Thoughts
Ilhan Omar’s financial profile provides a transparent and relatable perspective on public service. In an era when many politicians are multimillionaires, Omar’s net worth reflects her middle-class roots and continued financial responsibilities, including student loans.
Despite public controversies, there is no confirmed evidence of financial misconduct, and her earnings and disclosures are publicly accessible. As she continues her political career, it’s likely her finances will remain under scrutiny, both by the media and the public.
Whether you support her politics or not, Ilhan Omar stands out for maintaining a modest lifestyle amidst the halls of power, a rarity in today’s political landscape.
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