Veteran businessman and Forbes Media Chairman Steve Forbes delivered a blistering assessment of Rep. Ilhan Omar’s (D-MN) finances during a live Fox Business appearance, raising questions about her husband’s investment firm and a California winery that he suggested may not even exist.
The segment aired as scrutiny continues to build around Omar’s recent financial disclosures, which show her household net worth soaring from under $1,000 to estimates as high as $30 million in roughly a year. Much of that wealth is tied to business ventures associated with her husband, Tim Mynett, including an investment firm known as Rose Lake and a winery listed at multimillion dollar valuations.
“Weird is not the word for it. There’s another word for it called crooked,” Forbes said during the interview. “That’s why we have to have an investigation into this.”
He went further, questioning how both Omar and Mynett were able to amass such wealth so quickly after entering public life.
“It’s amazing how people can go into Congress and then become these entrepreneurial investing geniuses,” he said. “She had under a thousand dollars of net worth and her husband didn’t have much. And suddenly now they’re multimillionaires.”