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Businessman Mark Walter’s acquisition of the majority ownership stake of the Los Angeles Lakers, in a deal that puts the franchise valuation at $10 billion, is expected to close in the third or ...

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He’s also co-founder and CEO of holding company TWG Global. Forbes estimates Walter’s net worth is $6.1 billion. The publication ranked him at No. 216 on its Forbes 400 list last year.

He’s also co-founder and CEO of holding company TWG Global. Forbes estimates Walter's net worth is $6.1 billion. The publication ranked him at No. 216 on its Forbes 400 list last year.

Bloomberg and Business Insider have suggested that when private equity stakes and valuation gains from franchises are factored in, his total net worth could reach or exceed $12 billion, especially ...

While Forbes estimates Mark Walter’s net worth at $6.1 billion, according to the Bloomberg Billionaires Index, his net worth currently stands at $12.5 billion, and ranks him No. 226 globally.

“Mark Walter is entering into an agreement to acquire additional interests in the NBA’s Los Angeles Lakers, of which he has been a stakeholder since 2021,” a spokesperson told The Athletic.