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NEWS Major problems discovered in how Ilhan Omar and her husband went from just $16K net worth to suddenly skyrocketing to up to $30M in *just one year.* 1st, there are no SEC records that either her husband, his partner, or their investment firm are registered with the SEC as…

— Elizabeth MacDonald (@LizMacDonaldFOX) January 22, 2026

NEWS Major problems discovered in how Ilhan Omar and her husband went from just $16K net worth to suddenly skyrocketing to up to $30M in *just one year.* 1st, there are no SEC records that either her husband, his partner, or their investment firm are registered with the SEC as investment advisers.

The names “Rose Lake Capital” or “Rose Lake Capital LLC” and the names “Tim Mynett” and “Will Hailer” do not show up listed as registered investment advisers with the SEC. Major reporting also doesn’t mention any SEC adviser registrations.

Mynett and his partner Hailer have little to no Wall Street experience. They co-founded a political consultancy in DC, E Street Group, and Mynett was a major Democrat fundraiser in Washington, D.C. for about 15 years, where he helped raise more than $100M for Democrats and worked on Omar’s 2019 re-election.

Hailer spent nearly two decades in U.S. politics, especially within Democratic Party leadership, including as a senior advisor to the DNC chair.

Mynett’s firm would typically be required to file Form ADV and register with the SEC. The reason there could be no SEC forms here may be because, to stay below reporting thresholds, it only advises a small number of high-net-worth or institutional clients, or it advises only VC firms, or it does not use leverage like hedge funds.

That all means his firm is pretty limited in scope-meaning, it still looks more to be a political advisory firm. Which begs the question: How did his limited firm go from little to no assets to $30M AUM in just one year? How did their net worth rocket from just $16K to $30M in just one year?

First, the winery. In 2020, Omar’s husband Tim Mynett and his partner Will Hailer launched their California winery, eStCru. Ilhan Omar first disclosed that winery in her government financial disclosures in 2021, where she valued it at between $15K-$50K. She reported the same valuations for 2022 and 2023.

In 2022, Mynett and Hailer then launched Rose Lake Capital, a venture capital management firm, aiming to do “global financial dealmaking.” Documents show there is very little to no information about its actual clients, investments and deal history.

Omar valued Rose Lake at only between just one dollar to $1K in her 2022 filings. Omar reported the same valuation range in her 2023 government disclosures.

But then Omar suddenly reported valuations that rocketed higher in just one year, in 2024. Omar reported Rose Lake’s value at between $5M–$25M and the winery between $1M–$5M — contributing to a combined household asset range of $6M–$30M in Omar’s 2025 filings.