Michael Milken

Quick Facts

Full Name:Michael Milken
Age:75 years old
Birthday:July 4, 1946
Birthplace:Encino, Milken
Wife:Lori Anne Hackel
Net Worth:$4 billion
Height:5 feet 8 inches
Profession:American financier
Sibling:Lowell Milken

Michael Robert Milken is known for expanding the junk bond market. He co-founded the Milken Family Foundation and chairs the Milken Institute.

How old is Michael Milken’s age?


Michael Milken was born on July 4, 1946; he’ll be 75 in 2022. Milken was born in Encino, Calif. He’s middle-class Jewish. Lowell Milken’s brother.Michael Milken graduated from Birmingham High. He graduated from Cal in 1968. He graduated with honors.His MBA is from Wharton. W. Braddock Hickman, a former Cleveland Fed president, wrote the credit studies.

Body Measurement

He’s 75kg and 5’8″. After graduating, Milken worked for Drexel Firestone low-grade bond research. He got money and trading privileges.In 1989, he was convicted of violating U.S. securities laws. He was accused of insider trading fraud and racketeering. Ten years in prison and $600 million fine. SEC banned him from the securities sector. Good behavior reduced his sentence to two years.After incarceration, he donated to medical research and other charities. On February 18, 2020, Trump will pardon Milken. Fortune magazine called him “The Man Who Changed Medicine” for his funding method and outcomes.

Who is Michael Milken’s wife?

Caption: Michael Milken with his Wife ( Photo: Penn CGS)

Milken had dated Hackel since high school. The pals married. Bari Milken-Bernstein, Lance A. Milken, and Gregory A. Milken are their children.Milken eats a veggie-rich vegetarian diet. This diet’s health benefits drew him in. Milken and Ginsberg co-wrote a vegan cookbook. After his discharge, he was diagnosed with prostate cancer. He’s cancer-free.Milken co-founded the his Family Foundation. Michael the Milken Institute’s chairman. He’s donated to melanoma, cancer, and other causes. Milken has donated a lot of money to prostate cancer research.

What is Michael Milken’s net worth?

Michael  is a financier and philanthropist. In June 2022, he had $4 billion. Forbes ranks him 606th in the world. This list uses 2018.

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Caption: Michael Milken with his Whole Family ( Photo: People)
  • Drexel and Burnham merged to form Drexel Burnham in 1973. Milken, a Drexel holdover, later led the firm’s convertibles division.
  • He got “Tubby Burnham” to start trading high-yield bonds.
  • The ROI was 100%. (return on investment). In 1976, he made $5 million.
  • Milken and his brother “Lowell” founded Knowledge Universe in 1996.
  • K12 Inc. provides online education to students. This EMO has the most members.
  • Michael Milken popularized junk bonds.
  • 1989: Fraud and racketeering charges.
  • After incarceration, he contributed to medical research.
  • He founded the Prostate Cancer Foundation, which funds research on prostate cancer and other lethal diseases like cancer and melanoma.
  • 1996: Milken and Lowell launched Knowledge Universe.
  • Knowledge Learning Corporation was also created (KLC).
  • The company’s chairman.
  • He’s promised to invest in companies like K12.
  • George Washington University’s public health school will be named for President Steven Knapp.
  • Sumner Redstone, head of Viacom, donated $30 million, and the Milken Family Foundation and Milken Institute provided $50 million.
  • Donations fund public health education and research.
  • He won the Ig Nobel Economics Prize in 1991.
  • Milken and his brother Lowell formed the Milken Family Foundation in 1982.
  • His Educator Awards have granted $60 million to 2,500 instructors since 1985.
  • Milken founded the Prostate Cancer Foundation in 1993 after being released from prison.
  • The charity was the greatest prostate cancer philanthropist in 2010.