Mark Walter Net Worth

What is Mark Walter's net worth?

Mark Walter is an American billionaire investor, businessman, and sports team owner who has a net worth of $13 billion. Mark Walter is the co-founder and CEO of TWG Global, a private investment firm with holdings across financial services, real estate, media, and professional sports. Walter is also the co-chair of Guggenheim Partners, a financial services giant with over $340 billion in assets under management.

He is best known as the controlling owner of the Los Angeles Dodgers, Chelsea FC, and, as of 2025, the Los Angeles Lakers, which he acquired in a record-breaking $10 billion deal, the most expensive franchise sale in sports history. Walter also holds stakes in multiple women's sports leagues and racing teams, making him one of the most powerful and diversified owners in global sports.

Early Life and Education

Mark Walter was born in 1960 and raised in Cedar Rapids, Iowa, where his father worked at a concrete block manufacturing plant. He graduated from Creighton University with a degree in accounting, then earned a law degree from Northwestern University.

After law school, Walter worked at a law firm and then joined First Chicago Capital Markets, where he began structuring and advising on financial transactions. In 1996, he founded Liberty Hampshire, an investment firm that four years later merged into Guggenheim Partners, which he co-founded alongside several partners, including descendants of Meyer Guggenheim.

Guggenheim Partners and TWG Global

Walter helped grow Guggenheim Partners into a global financial powerhouse. As of 2025, the firm manages $345 billion in assets. While Guggenheim's 2024 ADV filing does not disclose Walter's exact stake, public filings and reporting credit him with a 20% ownership interest. The rest of the firm is 55% employee-owned, with 33% held by Sammons Enterprises.

In addition to Guggenheim, Walter runs TWG Global, his personal investment vehicle. TWG operates independently and holds assets in financial services, sports, renewable energy, media, entertainment, art, eco-tourism, and agriculture. Walter owns 21% of TWG, according to filings with the California Department of Insurance.

In 2025, TWG took a 5% stake in Mubadala Capital—an Abu Dhabi sovereign investment firm—via a $2.5 billion investment, further signaling Walter's expanding global ambitions.

In addition to his roles at Guggenheim and TWG, Walter holds notable direct investments:

• Group 1001: He holds a 19% economic stake in this insurance holding company, which owns Delaware Life and Clear Spring. Its combined adjusted capital across nine insurers totaled $5.1 billion at the end of 2024.
• Carvana: Walter controls 5.6 million shares via TWG Global, with a proportional stake based on his 21% ownership of TWG.

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Los Angeles Dodgers

Walter entered sports ownership in 2012 when he led a consortium to buy the Los Angeles Dodgers out of bankruptcy for $2.15 billion, then the most ever paid for a U.S. sports team. He currently owns 27% of the Dodgers.

Under his leadership, the Dodgers became one of the most successful franchises in Major League Baseball, winning the World Series in 2020 and 2024, maintaining one of the league's highest payrolls, and signing Shohei Ohtani to a $700 million contract with massive deferred terms. Walter has invested heavily in infrastructure, including Dodger Stadium renovations and a custom team travel system.

Chelsea FC and International Sports Investments

In 2022, Walter joined Todd Boehly in acquiring Chelsea FC for £4.25 billion. Walter owns 12.7% of the club through BlueCo, which also owns Strasbourg FC in France. Though Boehly serves as the more public-facing owner, Walter is considered the wealthiest and most influential figure in the group.

Other sports holdings include:

• Los Angeles Sparks (WNBA): Approx. 16.7%
• Cadillac Formula 1 Team (debuting in 2026)
• Andretti Global (IndyCar and Formula E)
• Professional Women's Hockey League
• Billie Jean King Cup (Tennis)

Buying the Lakers

In June 2025, Mark Walter made his biggest move yet: acquiring full control of the Los Angeles Lakers in a deal that valued the franchise at $10 billion, the highest price ever paid for a professional sports team. Before the 2025 deal, Walter already owned a 27% stake in the Lakers, which he had acquired in 2021 from AEG founder Phil Anschutz. In the 2025 deal, he purchased an additional 48% from the Buss family, bringing his total ownership to 75%. He paid each of the six Buss heirs around $1.025 billion, and each Buss heir retains a 3% stake in the team.

Jeanie Buss will remain with the franchise as its governor, but Walter now owns the entirety of one of the NBA's most storied franchises. With this deal, he became the only person to own full controlling stakes in both a Major League Baseball team and an NBA team in Los Angeles, along with major international holdings.

Philanthropy and Personal Life

Walter is known for keeping a low personal profile despite his business prominence. He is a major supporter of environmental and conservation causes, and his foundation has donated to organizations working on climate research, education, and public policy. He has also backed youth sports programs and social justice initiatives in the cities where he owns teams.

He lives in the Los Angeles area with his wife, Kimbra Walter. The couple is known for their philanthropic work and commitment to low-key, high-impact giving.

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