Guggenheim Partners, a privately held worldwide financial services organization with more than $310 billion in assets under management with headquarters in Chicago and New York, is led by Mark Walter, an American billionaire.
Walter is a native of Cedar Rapids, Iowa, and a Cedar Rapids Jefferson High School alumni. He and Steven E. Johnson co-founded the Liberty Hampshire Company, LLC in Chicago in 1996.
He was a founding member of Guggenheim Partners, LLC in 2000.
He is now the CEO of Guggenheim Partners, a global, diversified financial services organization with over $260 billion in assets under management, 2,300 employees, and 25 offices in six countries.
Walter assisted Guggenheim Baseball Management, LLC, a private company founded in 2011 to purchase the Los Angeles Dodgers, in the $2.15 billion purchase of the famous baseball organization on May 1, 2012.
Peter Guber, Earvin “Magic” Johnson, Stan Kasten, Todd Boehly, and Bobby Patton are among his Guggenheim Baseball Management associates.
In 2018, Billie Jean King and her girlfriend, Ilana Kloss, became part of the ownership group of the Los Angeles Dodgers.
In September of this year, Alan Smolinisky and Robert L. Plummer, two entrepreneurs, joined the ownership group.
The SportsBusiness Journal ranked Walter the 8th most influential person in sports business on December 10, 2012, in its annual survey of the “50 Most Influential People in Sports Business.”
How Did Mark Walter Make His Money?
Mark Walter has a net worth of 3.9 billion USD. Walter owns shares in Beyond Meat, a plant-based meat company, and Carvana, an online vehicle retailer.
Walter has owned the Los Angeles Dodgers since 2012 when his investment group paid $2.2 billion for the team, which included Magic Johnson.
