Early Life and Education
Mark Richard Walter was born on May 22, 1960, in Cedar Rapids, Iowa. His father worked at a concrete block manufacturing plant. Walter graduated from Cedar Rapids Jefferson High School in 1978. He pursued higher education at Creighton University, where he earned a bachelor's degree in business in 1982. He then attended Northwestern University School of Law, graduating in 1985.
Rise to Success
Walter began his career in the financial sector. In 1996, he co-founded the Liberty Hampshire Company. In 1999, he co-founded Guggenheim Partners. Walter has been instrumental in growing Guggenheim Partners into a global financial powerhouse, managing over $345 billion in assets.
Key Business Strategies
Walter is known for strategic investments. His company, TWG Global, has holdings in financial services, sports, media, entertainment, technology, and real estate. A key strategy has been expanding his portfolio through sports investments, including the Los Angeles Dodgers, Los Angeles Lakers, and Chelsea F.C. Walter also co-founded TWG Global, and is the CEO and co-chairman, and 21% owner.
Philanthropy
Mark and Kimbra Walter are major benefactors of various organizations, including the Academy Group, Chicago Beyond, OneGoal, and the Los Angeles Dodgers Foundation. Through TWF Conservation, the Walter family works to protect wildlife and preserve natural habitats, including in Africa, where they protect more than one million acres.