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The Independent UK
The Independent UK
National
Alex Veiga

Billionaire Mark Walter, set to own controlling stake in Lakers, built fortune in investing

Mark Walter Lakers the Los Angeles Lakers TWG Global Artificial Intelligence Guggenheim Partners
Lakers Sale Basketball - (Copyright 2025 The Associated Press. All rights reserved.)

The billionaire slated to take over the controlling interest in the Los Angeles Lakers has built a career leading businesses investing in everything from sports franchises to artificial intelligence.

Mark Walter is CEO of the global investment and advisory company Guggenheim Partners, which is estimated to have more than $325 billion in assets. He’s also co-founder and CEO of holding company TWG Global.

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