How Much is Michael Milken Worth?

Best known for being a entrepreneur, Michael Milken was born in summer of 1946. His date of birth is July 4, 1946. He was born under Cancer zodiac sign, and belongs to Baby Boomers Generation. According to Chinese calendar, his year of birth, 1946, is the Year of Dog.

He is from California, United States. Michael Robert Milken is US philanthropist and financier who is well-known for his remarkable contribution in the expansion of the market for high-yield junk bonds”. He is also co-founder of the Milken Family Foundation and presides as chairman of the Milken Institute. Despite his greed-based crimes, Milken received praise from author and economics expert George Gilder, who wrote in his 2000 book Telecosm that Milken’s early-career re-organization of the financial market had resulted in significant economic growth in America.

Life & Biography

Michael Robert Milken is an American former financier and philanthropist. He is noted for his role in the development of the market for high-yield bonds (“junk bonds”), for his conviction following a guilty plea on felony charges for violating U.S. securities laws, and for his charitable giving. Michael Milken was born in California, United States on July 4, 1946. Michael is currently seventy seven years old. He is most famous for being a entrepreneur. After graduating summa cum laude from the University of California, Berkeley, he received his MBA from the University of Pennsylvania’s famous Wharton School. He began his investment banking career at Drexel Harriman Ripley. Ted Turner (of Turner Broadcasting), mobile phone magnate Craig McCaw, and casino owner Steve Wynn were among Milken’s financial clients.

In 1989, he was convicted and sentenced for being accused of violation of U.S. securities laws. He was charged with securities fraud and racketeering in an insider trading examination.

Michael has not been previously engaged. He grew up in Los Angeles’ West San Fernando Valley. He married his childhood sweetheart, Lori Anne Hackel, and raised three children. The education details are not available at this time.

Interesting Facts

1. Michael Milken is a Cancer.
2. He has been alive for 28,420 days or 682,100 hours.
3. He was born in the Year of the Dog.
4. His next birthday is in .
5. Michael Milken is 5 feet 8 inches tall.
6. He was born in Baby Boomers Generation (1946).
7. On Michael’s date of birth, the number one song in America was [Not available]. No song matches found..
8. Michael Milken primary income source is from being a Entrepreneur.
9. Michael Milken’s birth flower is Larkspur.
10. Michael Milken’s nickname: Michael
11. His birthstone is Ruby.
12. Michael’s life path number is 4.
13. His ruling planet is Moon.

Height, Weight & Age

As of today (April 25th, 2024), Michael Milken is exactly 77 years, 9 months, and 21 days old. His next birthday is in . He is 5 feet 8 inches (1.73 m) tall, and his weight is 165 lb (75 kg).

Net Worth & Salary in 2024

So how much is Michael Milken worth today? At the age of seventy seven, the American entrepreneur has a net worth of about $4,000,000,000. This roughly translates to €3,720,000,000 euros or £3,240,000,000 pounds. The net worth estimates vary because it’s difficult to forecast spending habits over the years. Michael Milken’s wealth comes mostly from being a successful Entrepreneur.

What is net worth?

Net worth is the amount of assets that exceed liabilities. Assets include cash, real estate, and anything else of value. It is the value of everything you own, minus what you own. Net worth is not yearly.

How to calculate Net Worth: Assets minus Debt equals Net Worth. Net worth is basically calculated by adding anything of value and then subtracting all of the liabilities. Net worth is not yearly and it not the same as net income. Net income is what you actually bring home after taxes and payroll deductions.

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