Michael Milken

E887675

Michael Milken is an American financier and philanthropist best known for pioneering the high-yield “junk bond” market and later founding influential economic and public policy initiatives.

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Label Occurrences
Michael Milken canonical 2

Statements (49)

Predicate Object
instanceOf financier
human
birthDate 1946-07-04
birthPlace Encino, Los Angeles, California, United States NERFINISHED
businessStatus barred from the securities industry
convictedOf securities fraud
violations of U.S. securities laws related to insider trading and market manipulation
countryOfCitizenship United States of America
dateOfRelease 1993
educatedAt University of California, Berkeley
Wharton School of the University of Pennsylvania NERFINISHED
employer Drexel Burnham Lambert NERFINISHED
familyName Milken NERFINISHED
fieldOfWork high-yield bonds
investment banking
philanthropy
founded FasterCures NERFINISHED
Knowledge Universe NERFINISHED
Milken Family Foundation NERFINISHED
Milken Institute NERFINISHED
Milken Institute School of Public Health scholarship and programs (namesake and benefactor)
Prostate Cancer Foundation NERFINISHED
givenName Michael
hasChild Gregory Milken NERFINISHED
Lance Milken NERFINISHED
Rachel Milken NERFINISHED
hasPhilanthropicFocus education
medical research
public health
public policy
hasRole chairman of the Milken Institute
incarceratedAt Federal prison in Pleasanton, California
name Michael Milken NERFINISHED
notableFor financing leveraged buyouts in the 1980s
large-scale philanthropic initiatives in medical research and education
pioneering the modern high-yield "junk bond" market
notableWork development of high-yield bond financing structures
occupation businessperson
financier
philanthropist
pardonDate 2020-02-18
participantIn 1980s leveraged buyout boom
pleadedGuiltyTo securities and reporting violations in 1990
positionHeld head of high-yield bond department at Drexel Burnham Lambert
receivedPardonFrom Donald Trump NERFINISHED
religion Judaism
residence Los Angeles
surface form: Los Angeles, California, United States
sentence 10 years in prison (later reduced)
spouse Lori Milken NERFINISHED

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Milken Institute foundedBy Michael Milken
Milken Institute founder Michael Milken