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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

The 1 percent’s sickest scheme: Wall Street slicksters market themselves as cool — and the media lets them

They could be freed, but it would take the valor of a new financial knighthood. Michael Milken’s Aladdin­-like junk bond leveraged buyouts, mega-mergers and acquisitions made him the chief knight of the realm. Raised in California, nerdy, married to his ...
Posted: February 28, 2015, 7:45 am

Tim Cook: Commencement speaker and future donor?

Though GW has historically had trouble landing large gifts, the tide started to change last spring when it received a combined $80 million donation from billionaires Michael Milken and Sumner Redstone – neither of whom attended GW. Securing that gift ...
Posted: March 1, 2015, 9:16 pm

Mililani Uka teacher receives Milken Educator Award

Since 1987, the Milken Family Foundation, co-founded by Michael and Lowell Milken, has devoted more than $137 million in funding to the Milken Educator Awards, including over $65 million in individual Awards to more than 2,600 recipients plus powerful ...
Posted: February 23, 2015, 6:00 pm

California Has More Billionaires Than Almost Any Other Place on Earth

grocery tycoon and friend of Bill Clinton Ron Burkle ($2.6), born-again junk bond king Michael Milken ($2.5), tech beard Henry Nicholas III ($1.7), and online retailer Fred Chang ($1). Not all of those folks are here full-time, and we're sure we missed a ...
Posted: March 3, 2015, 5:46 pm

PRESS DIGEST - Wall Street Journal - Feb 23

Exchanges and regulators have only recently begun clamping down. (on.wsj.com/1weLxns) * George Soros, Michael Milken and David Bonderman are among investors benefiting from early bets on a red-hot sector: young companies developing drugs that fight cancer ...
Posted: February 22, 2015, 9:35 pm
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