So, how can Walter afford all of this? Guggenheim Partners, the financial services firm that is now part of the TWG Global holding company, manages over $320 billion in assets. His personal net worth is listed as $6.1 billion by Forbes, and as much as $12.5 billion, according to the Bloomberg Billionaires’ Index.

Since 1979, the Los Angeles Lakers have been owned by the Buss Family. Under the Buss Family, Los Angeles has been transformed into one of the most successful organizations in sports. But on Wednesday,