Mark Walter bought the Los Angeles Lakers for $10 billion: here’s who he is and, above all, how much money this American entrepreneur, who is also very active in sports, has.
Who is Mark Walter? Or rather, how much money does this American billionaire—who has long been very active in the sports world—have, having purchased the Los Angeles Lakers NBA franchise for the monstrous sum of 10 billion dollars?
If you think soccer is the most profitable sport in the world, perhaps you’re not entirely clear about basketball in the United States, with the NBA having long been riding high on crazy figures in terms of both corporate transfers and player salaries.
Mark Walter is an influential American investor and entrepreneur, known for his role in the world of finance and, above all, for his significant investments in the sports sector.
His latest sports coup was the Lakers, but Walter is part of the American consortium that recently acquired Chelsea, in addition to owning the Los Angeles Dodgers (MLB) and supporting the Cadillac team, which will make its Formula 1 debut in 2026.
His core business, however, isn’t sports: in 1996, he founded Liberty Hampshire, which later merged into Guggenheim Partners in 2000, a company that now manages over $325 billion in assets.
Let’s see how much Mark Walter’s net worth is, also taking a look at the biography of this billionaire who, with his billions, is revolutionizing sports in the US and around the world.
Who is Mark Walter
Mark Walter was born in Cedar Rapids, Iowa, in 1960. He holds a degree in economics from Creighton University and a J.D. from Northwestern University. He is married to lawyer Kimbra Walter, and they have a daughter.
He currently serves as CEO of Guggenheim Partners after founding Liberty Hampshire in 1996. Despite his highly private lifestyle, he has become well-known for his sports investments.
A baseball fan since childhood, in 2012 he purchased the Los Angeles Dodgers for over $2 billion. Walter also owns a 12% stake in Chelsea, which recently passed into the hands of the American consortium BlueCo.
Having been involved in basketball since 2014 and co-owner of the Los Angeles Sparks (WNBA) with Magic Johnson, the entrepreneur has broken all records with his $10 billion purchase of the Los Angeles Lakers.
Now everyone is wondering who Mark Walter is after this massive acquisition, but let’s also look at how much money he has by trying to quantify his net worth.
Mark Walter’s Net Worth
Mark Walter is a high-profile financier whose strength lies in integrating finance, sports, and technology. From Chicago to the world of modern sports, his influence spans MLB, NBA, WNBA, professional hockey, soccer, F1, and financial AI.
According to Bloomberg Businessweek, Mark Walter’s net worth is projected to be $6 billion by 2024, before increasing the estimate a few months later to $12 billion, practically doubling.
Forbes, however, has a different estimate, with the renowned American magazine valuing Walter’s net worth at $6.1 billion in 2025, in line with Bloomberg’s initial estimate.
These figures differ because assets such as Guggenheim Partners, TWG Global, and insurance companies don’t have an official price, so their valuations vary. Having purchased the Lakers for $10 billion, Walter’s bank account is certainly not small, although it remains difficult to establish his official wealth.
Original article published on Money.it Italy. Original title: Chi è e quanti soldi ha Mark Walter, il nuovo proprietario dei Lakers
