Michael Milken Net Worth is$2.1 Billion
VN:F [1.9.22_1171]
deserves the money?
Rating: 2.3/5 (3 votes cast)
VN:F [1.9.22_1171]
Would you date ?
Rating: 3.0/5 (2 votes cast)
Profession: Entrepreneur, Businessperson, Banker, Financier, Philanthropist
Date of Birth: Jul 4, 1946
Country: United States of America
Michael Milken is a California-born businessman and convicted felon with an estimated net worth of $2 billion dollars. Michael Milkenis most widely known for his role in the creation of junk bonds and was indicted on 98 counts of racketeering and fraud in 1989. He is also a widely recognized philanthropist, giving generously to cancer research in particular.
Michael Robert Milken (born July 4, 1946) is an American business magnate, financier, and philanthropist noted for his role in the development of the market for high-yield bonds (also called junk bonds) during the 1970s and 1980s, for his 1990 guilty plea to felony charges for violating US securities laws, and for his funding of medical research.
Milken was indicted on 98 counts of racketeering and securities fraud in 1989 as the result of an insider trading investigation. After a plea bargain, he pled guilty to six securities and reporting violations but was never convicted of racketeering or insider trading. Milken was sentenced to ten years in prison and permanently barred from the securities industry by the Securities and Exchange Commission. After the presiding judge reduced his sentence for cooperating with testimony against his former colleagues and good behavior, he was released after less than two years.
His critics cited him as the epitome of Wall Street greed during the 1980s, and nicknamed him the "Junk Bond King". Supporters, like George Gilder in his book, Telecosm, note that "Milken was a key source of the organizational changes that have impelled economic growth over the last twenty years. Most striking was the productivity surge in capital, as Milken ... and others took the vast sums trapped in old-line businesses and put them back into the markets."
Milken has also been engaged in philanthropic activities since the early 1980s. He is co-founder of the Milken Family Foundation, chairman of the Milken Institute, and founder of medical philanthropies funding research into melanoma, cancer and other life-threatening diseases. In a November 2004 cover article, Fortune magazine called him "The Man Who Changed Medicine" for his positive influence on medical research.
Milken's compensation, while head of the high-yield bond department at Drexel Burnham Lambert in the late 1980s, exceeded $1 billion in a four-year period, a new record for US inc

Michael Milken Net Worth, 2.3 out of 5 based on 3 ratings

Michael Milken Latest News

The Ig Nobel prizes in Economics – in praise of ridiculous research

The first economics prize was awarded to Michael Milken, one of the inventors of the junk bond. He was in prison at the time. Fair game. Still, surely there is something in economics that is ludicrous on the surface yet thought-provoking underneath?
Posted: October 19, 2016, 5:31 am

Bill Clinton’s White House Campaign Pointed to Trump as Way to Engage Press, Crowds

In a section entitled “Brave Enough to Challenge America,” the campaign team suggested Bill deliver a series of speeches that could garner press attention and engage the audience like Trump and financier Michael Milken did at the Wharton School of ...
Posted: October 12, 2016, 1:03 am

Tough Guys Running Their Mouths? Michael Caine is the Real Thing.

The Crime and Punishment of Michael Milken and Pre-Pop Warhol. As a screenwriter, he has written for Robert De Niro, Paul Newman and PBS. On the Web, he co-founded Bookreporter.com. From 1997 to 2002, he was Editorial Director of America Online.
Posted: October 17, 2016, 5:20 am
Related Topics:
Businessmen, Businessmen Income, Businessmen Net Worth, How Much Is Michael Milken Income, How Much Is Michael Milken Net Worth, How Much Is Michael Milken Salary, How Much Is Richest Businessmen Income, How Much Is Richest Businessmen Net Worth, How Much Is Richest Businessmen Salary, How Much Is Richest Wall Street Income, How Much Is Richest Wall Street Net Worth, How Much Is Richest Wall Street Salary, How Much Michael Milken Worth, How Much Richest Businessmen Worth, How Much Richest Wall Street Worth, Michael Milken, Michael Milken Age, Michael Milken And Junk Bonds, Michael Milken Apush, Michael Milken Artist, Michael Milken Background, Michael Milken Bio, Michael Milken Biography, Michael Milken Book, Michael Milken Cancer, Michael Milken Cancer Diet, Michael Milken Case, Michael Milken Charter Schools, Michael Milken Children, Michael Milken Conference, Michael Milken Conference 2013, Michael Milken Conference 2014, Michael Milken Conference 2015, Michael Milken Conviction, Michael Milken Country, Michael Milken Crime, Michael Milken Date Of Birth, Michael Milken Diet, Michael Milken Documentary, Michael Milken Email, Michael Milken Ethnicity, Michael Milken Family, Michael Milken Fastercures, Michael Milken Forbes, Michael Milken Foundation, Michael Milken Guggenheim, Michael Milken Gwu, Michael Milken Height, Michael Milken History, Michael Milken Home Incline Village, Michael Milken Home Run Challenge, Michael Milken Home Town, Michael Milken House, Michael Milken Images, Michael Milken Incline Village, Michael Milken Income, Michael Milken Insider Trading, Michael Milken Institute, Michael Milken Interview, Michael Milken Jail, Michael Milken Junk Bond History, Michael Milken Junk Bonds, Michael Milken K12, Michael Milken Knowledge Universe, Michael Milken Lake Tahoe Home, Michael Milken Leapfrog, Michael Milken Milken Institute, Michael Milken Money, Michael Milken Net Worth, Michael Milken Net Worth 2013, Michael Milken Net Worth 2014, Michael Milken News, Michael Milken Partner, Michael Milken Philanthropy, Michael Milken Place Of Birth, Michael Milken Predators Ball, Michael Milken Prison, Michael Milken Prison Location, Michael Milken Profession, Michael Milken Prostate Cancer, Michael Milken Prostate Cancer Foundation, Michael Milken Prostate Cancer Story, Michael Milken Prostate Cancer Treatment, Michael Milken Prostate Diet, Michael Milken Quotes, Michael Milken Salary, Michael Milken Scandal, Michael Milken Scandal Summary, Michael Milken Scheme Was Exposed As A Result Of, Michael Milken Son, Michael Milken Story, Michael Milken Tahoe, Michael Milken Talent, Michael Milken Today, Michael Milken Twitter, Michael Milken Videos, Michael Milken Weight, Michael Milken Wolf Of Wall Street, Michael Milken Wsj, Michael Milkin Artist, Michael Millikin Gm, Richest Businessmen Age, Richest Businessmen Background, Richest Businessmen Bio, Richest Businessmen Country, Richest Businessmen Date Of Birth, Richest Businessmen Ethnicity, Richest Businessmen Height, Richest Businessmen History, Richest Businessmen Home Town, Richest Businessmen Images, Richest Businessmen Income, Richest Businessmen Net Worth, Richest Businessmen News, Richest Businessmen Partner, Richest Businessmen Place Of Birth, Richest Businessmen Profession, Richest Businessmen Salary, Richest Businessmen Story, Richest Businessmen Talent, Richest Businessmen Videos, Richest Businessmen Weight, Richest Wall Street, Richest Wall Street Age, Richest Wall Street Background, Richest Wall Street Bio, Richest Wall Street Country, Richest Wall Street Date Of Birth, Richest Wall Street Ethnicity, Richest Wall Street Height, Richest Wall Street History, Richest Wall Street Home Town, Richest Wall Street Images, Richest Wall Street Income, Richest Wall Street Net Worth, Richest Wall Street News, Richest Wall Street Partner, Richest Wall Street Place Of Birth, Richest Wall Street Profession, Richest Wall Street Salary, Richest Wall Street Story, Richest Wall Street Talent, Richest Wall Street Videos, Richest Wall Street Weight, Wall Street, Wall Street Income, Wall Street Net Worth, Who Is Michael Milken, Who Is Richest Businessmen, Who Is Richest Wall Street,