The Buss family has owned the Lakers since 1979, when the late Dr. Jerry Buss purchased them from previous owner Jack Kent ...

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

Billionaire CEO Mark Walter has struck a deal to buy the LA Lakers for a reported $10 billion, the largest sale of a pro sports franchise worldwide.

Mark Walter, with an estimated net worth of $6.1 billion, is poised to acquire controlling interest in the Los Angeles Lakers. As CEO of Guggenheim Partners and co-founder of TWG Global, Walter's ...

That’s the record-breaking valuation agreed to by Mark Walter, the billionaire financier who runs Guggenheim Partners and already owns part of the Los Angeles Dodgers. Over a decade ago, his $2. ...

The Buss family, which has owned LA Lakers since 1979, has agreed to sell the team to financier Mark Walter, the CEO of investment firm Guggenheim Partners, which has more than US$345 billion in ...

American businessman Mark Richard Walter is now the majority shareholder of the Los Angeles Lakers. He initially purchased approximately 26% of the Lakers from Phillip Anschutz back in 2021.

Walter, also CEO of investment and advisory firm Guggenheim Partners, spearheaded the move, but he was accompanied by longtime sports executive Stan Kasten and Lakers legend Magic Johnson, who are ...

For just under $10 billion, private equity firm 3G Capital recently bought Skechers — an ascendant global footwear brand with $9 billion in annual sales and 20,000 employees spread across 5,300 stores ...