The Buss family’s decision to sell a controlling stake in the Los Angeles Lakers at a franchise valuation of $10 billion marks the end of nearly a half-century when one of the most valuable properties in the entire sports world was run by an eccentric father and his sometimes squabbling children.

The Los Angeles Lakers are set to have a new majority owner, Mark Walter. Here's a look at how he made his fortune.

Dodgers owner Mark Walter will assume a controlling interest of the team; Jeanie Buss will remain in the governor role