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Top 50 Most Powerful in L.A. Sports: No. 5 Mark Walter, Dodgers Chairman

Name: Mark Walter

Title: Chairman and Controlling Owner, Dodgers

Age: 54

Magic Johnson and Stan Kasten are the faces of Dodgers ownership, but if money is power, Walter holds most of the cards. The founder and CEO of the Guggenheim Partners, which purchased the Dodgers for $2.1 billion in 2012, is technically the controlling owner of the Dodgers thanks to his portion of the investment in the record purchase price. The Chicago financier’s preference to maintain a low profile has been slightly compromised by the acquisition of the Dodgers, which may not be his only venture into sports endeavors considering his company’s $125 billion in assets.