Mark Walter was born in1960 in, Cedar Rapids, Iowa, USA is a prominent businessman renowned for his role as the founder and CEO of Guggenheim Partners a global financial services firm with over $240 billion in assets under management. Through his successful career in business Walter has amassed considerable wealth.
As of early 2017, sources indicated that Mark Walter’s net worth stood at approximately $1.75 billion. Much of Mark Walter wealth has been accumulated through his entrepreneurial pursuits. In addition to his involvement with Guggenheim Partners, which maintains headquarters in Chicago and New York. Walter also holds ownership of the Los Angeles Dodgers a Major League Baseball franchise.
Given his track record of achievements and ongoing endeavors, it is anticipated that Mark Walter’s wealth will continue to grow in the future. However, for the most up to date and accurate information regarding his current net worth. it is advisable to refer to reliable sources or consult reputable financial platforms.
Mark Walter Wiki Biography
|Date of Birth||1-Jan-1960|
|Age in 2023||63|
|Birth Place||Cedar Rapids, Iowa|
|Earning Source (s)||finance|
Mark Walter net worth
Mark Walter Net Worth $1.75 billion
Walter attended Cedar Rapids Jefferson High School before enrolling at Creighton University, where Mark Walter earned his bachelor’s degree. Mark Walter further pursued his education at Northwestern University, obtaining a Juris Doctor degree. In 1996 Mark Walter co-founded Liberty Hampshire Company LLC in Chicago alongside Steven E. Johnson, marking his first personal business venture. Building on this success four years later, Mark Walter established Guggenheim Partners LLC a prominent advisory financial services firm engaged in various areas, including insurance, investment advisory, investment management, capital markets services and investment banking. Under his leadership, the company has experienced significant growth, contributing to Mark’s impressive net worth. Presently, Guggenheim Partners operates in 20 cities worldwide, employing a staff of 2,500 individuals. The company boasts eight Managing Partners who also serve as key executives.
In 2012, Mark founded Guggenheim Baseball Management, LLC a private partnership formed with several partners to acquire the Los Angeles Dodgers baseball franchise. This landmark purchase involved acquiring the professional baseball franchise, as well as the surrounding land and parking lot of the Dodgers Station, for a staggering $2.15 billion. Although the initial purchase had an impact on his net worth, the franchise has since played a pivotal role in Mark’s wealth accumulation over the years. Among the partners involved in the acquisition were notable figures such as Magic Johnson, Bobby Patton, Stan Kasten, Peter Guber and Todd Boehly. In addition to the Dodgers acquisition, Guggenheim Partners has made significant investments, including obtaining a controlling interest in Transparent Value LLC as well as acquiring Claymore Group, Security Benefit Corp, Equitrust and having a stake in Dick Clark Productions a production company responsible for notable specials like the Golden Globe Awards and the American Music Awards. Further expanding their portfolio, Guggenheim Partners purchased the media company Prometheus Global Media and CardCash in 2013, followed by the acquisition of the WNBA team And the Los Angeles Sparks the following year.
Mark’s impact and influence extend beyond his business ventures. In recognition of his accomplishments, Mark Walter was ranked 8th on the Sports Business Journal’s list of the 50 Most Influential People in Sports Business. Additionally, Mark Walter holds director or trustee positions in various organizations, including the Field Museum, Northwestern University and the Solomon R. Guggenheim Foundation.
Mark Walter Wife
Mark Walter is married to Kimbra, providing a glimpse into his personal relationships. Meet Mrs. Kimbra Walter, the esteemed wife of Mark Walter, the chairman of the Los Angeles Dodgers and the founder and CEO of Guggenheim Partners, the firm that acquired the Dodgers in 2012. Kimbra, born Kimbra Eileen DeFeo on October 15, 1963, is the child of Cera Frances Corkle and Michael Angelo DeFeo. She is a professional attorney and serves as a trustee at the Lincoln Park Zoo. Kimbra graduated with a B.A. from Northwestern University in 1985 and obtained her J.D. from Southern Methodist University three years later. She is actively involved with organizations like Urban Students Empowered and the Chicago Hope Academy. Kimbra and Mark are proud parents to their daughter Samantha.