Michael Milken Net Worth

$4 Billion         |         Rank #778

Who is Michael Milken

He was banned from the securities industry after pleading guilty to securities fraud in 1990. In February 2020, President Trump pardoned him.
Milken chairs the Milken Institute think tank, which produces the annual Milken Global Conference in Los Angeles, the Davos of the West Coast.
Milken has investments in private equity, hedge funds, venture capital and more than one asset management firm.
Milken pledged $10 million to George Washington U in 2014 to fund public health programs. Its school of public health bears the Milken Institute name. Coming from an average or middle class family, Michael Milken is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 778 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 75.0 years old. As of today, Michael Milken’s net worth is approximately 4 Billion.

Facts about Michael Milken

Net Worth: 4 Billion
Billionaire Rank: 778
Age: 75.0
Date of Birth: 04-07-46
Gender: Male
Currently Living in: Los Angeles, California, United States
Birth Place: United States
Source of Wealth: investments

To find out what is Michael Milken Net Worth, how he got there and what is Michael Milken Salary Per Day, Career, Biography and Childhood details, continue reading below.

Background of Michael Milken

Michael Milken was born on 04-07-46 in United States. Milken switched majors at U.C. Berkeley from math and science to business after the 1965 Watts riots in Los Angeles, determined to democratize capital access. Milken founded what is now called the Prostate Cancer Foundation in 1993 after his own battle with prostate cancer. Being raised in the same country, Michael Milken spent most of his time in California in the city of Los Angeles.

Michael Milken net worth is estimated at 4 Billion Billion to date.

 

Michael Milken investments
Michael Milken Net Worth

Professional Journey

You will see him often in social media.  Mike Milken joined what became investment bank Drexel Burnham Lambert in 1969 and expanded the market for high-yield junk bonds. There was a time when he would have embraced the change that was coming.  He is one of the persons who are always trending in news. Milken switched majors at U.C. Berkeley from math and science to business after the 1965 Watts riots in Los Angeles, determined to democratize capital access. In his youth, he was adventurous but unknown, but that was years ago. He was banned from the securities industry after pleading guilty to securities fraud in 1990. In February 2020, President Trump pardoned him.
Milken chairs the Milken Institute think tank, which produces the annual Milken Global Conference in Los Angeles, the Davos of the West Coast.
Milken has investments in private equity, hedge funds, venture capital and more than one asset management firm.
Milken pledged $10 million to George Washington U in 2014 to fund public health programs. Its school of public health bears the Milken Institute name. He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. Mike Milken joined what became investment bank Drexel Burnham Lambert in 1969 and expanded the market for high-yield junk bonds.
It is to be noted that Michael Milken is one of the selfmade billionaires in the world and stands at 778 in most wealthy persons in the world.

FAQs

Here are a few most frequently asked questions about Michael Milken:

How much is Michael Milken worth?

Michael Milken’s net worth is estimated to be 4 Billion.

How old is Michael Milken?

Michael Milken was born on 04-07-46, and is currently 75.0 years old.

What is Michael Milken source of income?

Michael Milken acquires most part of his wealth from investments.
 

Concluding Michael Milken Net Worth

Currently with a net worth of 4 Billion, Michael Milken stands at 778 in the world billionaires list. And draws most of his wealth from investments. Hope you like this information about Michael Milken. If you like this, then please share it with your friends. This above post is all about the estimated worth of Michael Milken. Do you have any queries? Feel free to ask via comment section.

 

Disclaimer: Please keep in mind that this is an estimated net worth of Michael Milken. Actual worth may vary a little. You can always get information by checking out Leaktown.com.