WATCH: Steve Forbes Exposes Ilhan Omar’s ‘Fake’ Winery On Live TV

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.”

WATCH:

🚨 WATCH: Steve Forbes raises serious questions about Ilhan Omar’s husband’s investment firm — citing no clients, no SEC registration, and no clear record of managing money.pic.twitter.com/rgyLp3u1jH

— Derrick Evans (@DerrickEvans4WV) January 30, 2026

The interview also focused heavily on the California winery listed in Omar’s disclosures, which she valued at $5 million. According to reports, there is no public evidence of wine production, customers, or operations connected to the asset.

“That winery in California that she and her husband own, where did that come from? Where’s the wine there? And nobody can seem to find it,” Forbes said. “I’ll make a speculation and prediction, that $30 million came from sources that are illegal, period.”

Omar has denied any wrongdoing, arguing that her disclosures reflect broad valuation ranges required by law and that the figures are being misrepresented for political purposes. She has said she has not been contacted by investigators and maintains that the assets were properly reported.

No criminal charges have been filed. However, House Republicans have launched oversight inquiries into the matter, and President Donald Trump has publicly suggested federal authorities are examining Omar’s finances.

“We’re going to get answers, whether it’s through the Ethics Committee or the Oversight Committee, one of the two,” James Comer told The New York Post last week.

Omar, a Somali-American refugee who first reported negative net worth when elected to Congress, and her husband, Tim Mynett, have seen their reported household wealth soar in recent years, according to official filings. In the 2024 disclosure, their combined assets were listed as anywhere from roughly $6 million to $30 million — a striking increase from prior reports that shocked many observers and led to heated debate about how such wealth could be accumulated while Omar earns a congressional salary.

Much of this reported valuation comes from Mynett’s business ventures, including a California winery and a Washington, D.C.-based venture capital firm, Rose Lake Capital, which saw its reported value jump dramatically in a short period of time.  Trump has gone so far as to claim Omar’s net worth could exceed $40 million and suggested financial misconduct, accusations Omar vigorously denies, calling them politically motivated and baseless.