Guggenheim's Walter Builds $12 Billion Fortune as Dodgers Thrive.

The article discusses how Mark Walter, founder of Guggenheim Partners, purchased the Los Angeles Dodgers in 2012 for $2.1 billion, which was considered overpriced at the time. However, the Dodgers' value has since increased to $6.3 billion, making Walter's personal fortune $11.9 billion. Walter's financial success is attributed to his investment firm Guggenheim Partners and his involvement in sports team ownership, including stakes in various teams and leagues. The article also highlights the Dodgers' financial strategies, such as creative accounting and securing lucrative television rights deals, which have contributed to their success in Major League Baseball. [Extracted from the article]