From the Editor

Last Updated Sep 15, 2026, 6:30am EDT

  • Mark Walter is CEO of investment firm Guggenheim Partners, which has more than $300 billion in assets under management.
  • Walter helped found the firm in the late 1990s after he folded his Chicago-based company, Liberty Hampshire, into the Guggenheim family office.
  • Walter's personal investments include stakes in plant-based food maker Beyond Meat and online car vendor Carvana.
  • Walter has been an owner of the LA Dodgers since 2012, and bought a majority stake in the Lakers in 2025 before selling the team a year later for a record $12.5 billion.
  • Federal prosecutors and the SEC are investigating whether Walter and his executives concealed financial connections while moving billions of dollars between companies.
Wealth History
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Forbes Lists

list appearances

25

Personal Stats

Age
66
Source of Wealth
Finance, asset management, Self Made
Self-Made Score
8
Philanthropy Score
2
Residence
Chicago, Illinois
Citizenship
United States
Marital Status
Married
Children
1
Education
Doctor of Jurisprudence, Northwestern University; Bachelor of Arts/Science, Creighton University
Did you know
Walter, who earned a law degree from Northwestern University before going into finance, gave $40 million to the school in 2014.
Walter and his wife, Kimbra, own a wildlife preserve in Florida that has a mix of threatened and endangered species.
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More on Forbes

Jan 29, 2013

Time Warner Cable Subscribers Being Asked To Pay For $2 Billion Dodgers

Will Time Warner Cable's subscribers help pay for the $2 billion purchase of the Los Angeles Dodgers by Mark Walter, Magic Johnson and Stan Kasten? Los Angeles Skyline Dodger Stadium (Photo credit: jondoeforty1). We will soon find out, apparently, as the L.A. Times is reporting that "Time Warner Cable subscribers are being [...]