Mark Walter is expected to pay $10 billion for the Lakers. He's far from the only billionaire making a big splash in sports.

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Tuesday night in Ottawa, 48 new players were drafted into the PWHL. On Wednesday, the league handed out its annual awards, ...

The $1.5 billion sale of the Minnesota Timberwolves from Glen Taylor to an investment group led by e-commerce entrepreneur ...

The Los Angeles Lakers are one of the most prestigious sports franchises not only in North America, but in the world. The NBA ...

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 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 ...

Trump Calls For Special Prosecutor To Investigate Biden Over 2020 Election By Alison Durkee, Forbes Staff. Alison is a senior news reporter covering US politics and legal news.

Cedar Rapids native Mark Walter just became one of the most powerful owners in all of sports. The CEO and founder of holding company TWG Global is set to acquire a majority ownership stake in the Los ...

FILE - Los Angeles Dodgers co-owner Mark Walter, right, talks with manager Don Mattingly prior to their baseball game against the San Diego Padres, Sept. 3, 2012, in Los Angeles.

Forbes estimates Walter's net worth is $6.1 billion. The publication ranked him at No. 216 on its Forbes 400 list last year.