Ilhan Omar’s amended filing cuts reported $30M assets, raises net worth questions

WASHINGTON, DC: Rep. Ilhan Omar's financial disclosures are drawing renewed scrutiny after an amended filing significantly reduced asset figures previously reported in her 2024 statement. The revision has raised fresh questions over the scale of the change and how earlier numbers were calculated.

The updated filing replaced earlier estimates that suggested assets as high as $30 million with substantially lower figures, intensifying attention on the correction and its implications for congressional financial reporting

Ilhan Omar amended filing revises reported asset figures

Omar’s original 2024 financial disclosure listed assets that totaled as much as $30 million, which fueled widespread attention and speculation about her financial standing.

In a later filing reviewed by Fox News Digital, those figures were revised down to a maximum of $125,000 for Omar and her spouse.

The change stems from an amended report covering the same 2024 period, not new financial activity, but a correction of previously reported values.

Using the broad ranges required under congressional disclosure rules, estimates based on the revised filing suggest that liabilities could outweigh assets depending on how the figures are calculated.

Omar office cites accounting error behind revision

Omar’s office has said the original filing overstated assets due to an accounting mistake involving incomplete information from business accountants.

“The amended disclosure confirms what we’ve said all along: the Congresswoman is not a millionaire,” a spokeswoman for Omar told Fox News Digital.

“The original filing was based on incomplete information from Mr. Mynett’s businesses’ accountants in good faith and deference to professional judgement. It listed assets without liabilities, and it significantly overstated her husband's net worth. The accounting error created a misleading picture of far greater wealth.”

“The Congresswoman amended her disclosures voluntarily as soon as the discrepancy was identified. The amended disclosure is now complete and accurate,” the spokeswoman added.

However, a report in April indicated the amendment may have followed contact from the Office of Congressional Conduct regarding potential issues in the filing, a detail that contrasts with the office’s account of a voluntary correction.

Neither Omar nor her office has alleged wrongdoing by ethics officials, and there has been no finding that the original filing was intentional.

The amended disclosure has resolved the inflated figures in the original report, but the size of the revision continues to draw attention as questions persist over how the initial estimates were compiled.