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Dodgers: Chairman Mark Walter is Reportedly the Fifth Richest Owner in Baseball

Maintaining a successful, winning baseball franchise takes plenty of ingredients. Teams must be able to draft and develop prospects. Front office executives have to navigate the perilous free agent market while making intelligent decisions on retaining current players. A competent manager and coaching staff doesn’t hurt either.

Another very crucial ingredient is having the money to make it all happen. Mark Walter, the chairman and controlling owner of the Los Angeles Dodgers, has plenty.

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According to Forbes.com, Walter’s net worth is approximately $5 billion.