Name
Mark Walter
Mark Walter
Chicago, Illinois
Bachelor of Arts/Science, Creighton University | Doctor of Jurisprudence, Northwestern University
United States
Guggenheim Partners LLC
8
finance, Self Made
$3,600,000,000
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#715 Billionaires 2019
#223 Forbes 400 2018
Mark Walter is CEO of investment firm Guggenheim Partners, which has some $265 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.The firm has been plagued by a reported power struggle between Walter and chief investment officer Scott Minerd.In 2017, Guggenheim made payouts of $38 million to retain 27 top employees.Walter has been an owner of the LA Dodgers since 2012, when his investment group (which includes Magic Johnson) purchased the team for $2.2 billion.
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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