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Michael Robert Milken (born July 4, 1946) is an American financier. He is known for his role in the development of the market for high-yield bonds ("junk bonds"), and his conviction and sentence following a guilty plea on felony charges for violating U.S. securities laws.
He is recognized as an innovator in access to capital, medical research, education and public health. In 1972, three years after Milken began a legendary career on Wall Street, his wife's mother was diagnosed with breast cancer.
May 19, 2024 · Michael Milken, American financier whose ‘junk bond’ operations fueled many of the corporate takeovers of the 1980s. In 1990 he pleaded guilty to six counts of securities fraud and served time in prison. He was pardoned by U.S. President Donald Trump in 2020.
The career of Michael Milken, co-founder of the Milken Family Foundation, has mirrored his three main professional passions: medical research, education and finance. In each, he has been uniquely successful in creating value.
Mike Milken's career has mirrored his four main professional passions: medical research, education, public health and access to capital. Biography • Articles • Philanthropy • Finance • Podcasts • Videos • Photos • Speeches • Myths • Quotes • Contact
About Michael Milken. Mike Milken joined what became investment bank Drexel Burnham Lambert in 1969 and expanded the market for high-yield junk bonds. He was banned from the securities...
Feb 19, 2020 · President Trump pardoned financier Michael Milken Tuesday. Decades ago, he changed Wall Street when he created the junk bond market. Then he got arrested and turned to philanthropy.
