Mark Walter

High school (ages 12+)
People & Society

Name:

Date:

Step 1 · Read the article

Open the article and read it at the level above. Then answer the questions below in your own words.

https://smallwhale.org/articles/mark-walter

Write what each word means, using the article.

Do not copy the article. Write two things you learned, the way you would explain them to a friend.

Answers below are taken from the article’s stored facts, so they match what the student read.

1. When was Mark Walter born?January 1, 1960
2. What is the primary role?Chief Executive Officer of Guggenheim Partners
3. What is the guggenheim partners assets?More than $345 billion in assets under management
4. Who is Mark Walter?Mark Walter is a very rich businessman who runs a big finance company and owns famous sports teams like the Dodgers and Lakers.
5. Which sports teams does he own?He owns the Los Angeles Dodgers in baseball, the Los Angeles Lakers and Sparks in basketball, Andretti Global in racing, and also has shares in football clubs like Chelsea and Strasbourg.

Financial Services Firm: An organization that provides financial products and services to clients, including investment management and banking.
Privately Held: A company whose stock is not publicly traded on a stock exchange, meaning ownership is closely controlled.
Assets Under Management (AUM): The total market value of the investments that a financial institution manages on behalf of its clients.
Multinational Holding Company: A corporation that owns a controlling interest in the securities of other corporations, often operating in multiple countries.