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Michael Milken
Michael Milken Net Worth is $2.1 Billion. 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 in. Michael Robert Milken (born ...

Michael Milken Net Worth is $2.1 Billion.

Michael Milken Net Worth is $2.1 Billion. 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 in Michael Robert Milken is an American business magnate, financier, and philanthropist noted for his role in the development of the market for high-yield 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 th...
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Michael Milken Latest News

Fil-Am science teacher wins prestigious Milken Educator Award

Milken Family Foundation co-founder Mike Milken, together with New Jersey first lady Mary Pat Christie and acting state Education Commissioner David C. Hespe, made the announcement of the award at a special ceremony. “Winning the Milken Educator Award ...
Posted: December 15, 2014, 12:00 am

Elizabeth school teacher wins cash prize on her birthday

Milken Family Foundation Co-Founder Mike Milken, together with First Lady of New Jersey Mary Pat Christie, delivered the news at the school in front of her students. A high achiever with two master's degrees, Tracy Espiritu left a lucrative career as a ...
Posted: December 8, 2014, 11:47 am

Application of predatory, for-profit virtual charter company goes before State Board of Ed

“K12 Inc. (LRN) was heralded as the next revolution in schooling. Billionaire Michael Milken backed it, and former Florida governor Jeb Bush praised it. Now the online education pioneer is failing to live up to its promise. Plagued by subpar test ...
Posted: December 16, 2014, 1:36 pm

Elizabeth Public Schools teacher receives $25,000 Milken Educator Award

Milken Family Foundation Co-Founder Mike Milken, together with First Lady of New Jersey Mary Pat Christie and New Jersey Acting Education Commissioner David C. Hespe, delivered the news. A high achiever with two master’s degrees, Tracy Espiritu left a ...
Posted: December 8, 2014, 11:37 am

Michael Milken’s foundation nears deal for building steps from White House

Riggs National Bank was headquartered at 1503-1505 Pennsylvania Ave. until PNC Bank acquired Riggs in 2005. (Olivier Douliery) Billionaire philanthropist Michael Milken is close to acquiring a prominent new Washington home for his growing charitable empire.
Posted: April 25, 2014, 10:27 am
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