Meet the Man Turning Lakers into Gold…

Holy slam dunk, basketball fans! The Los Angeles Lakers just handed the keys of the basketball kingdom over to Mark Walter, the court-wizard whose wealth could buy a giraffe-sized yacht made of solid gold! The franchise valued at a mind-boggling $10 billion dollars—that’s ten thousand million dollars, folks—was passed on with a whoosh and a swoosh from the legendary Buss family. Like a basketball-loving Midas, Jeanie Buss is keeping her throne at the Lakers’ kingdom, making sure the magic continues!

But hang on to your foam fingers! Walter isn’t just a newbie in town. The man has already sunk some serious dough into 26% of the Lakers since 2021, made his mark with the Dodgers, and now, with a chuckle and a chest bump from Magic Johnson, he’s bringing his hypnotic investment spells from his juggernaut known as TWG Global—an empire touching everything from insurance to tech—into the game. And when Walter isn’t busy counting his gazillion dollars, he’s planning world domination with his sports empire.

If you’re bouncing for team ownership trivia, Walter’s got his mitts on some other shiny playthings too: from the L.A. Sparks to Andretti’s racing rockets, and even wild escapades into women’s hockey. Imagine owning enough to have your own league of extraordinary teams! Next stop, flying basketball courts that shoot three-pointers for you. Keep your eyes peeled and popcorn ready, because this cat ain’t landing anytime soon!