Michael Milken

Michael Milken

Michael Milken (#513)

Global Rank #513
Country Rank #200
Country United States

Finance can change the world and create millions of jobs by empowering people with ability.

  • $ 8 B
  • Investments
  • United States
  • M
  • 79 Years

Snapshot

Quick Facts

Global Rank #513
Country Rank #200
Net Worth $7.5B
Previous Worth $7.5B
Worth Change +$0.0B
Country United States
Industry Investments
Age 79 Years
Gender M
Worth As Of May 4, 2026
Residence Los Angeles, California
Citizenship United States

Profile Data

Personal Stats

Age 79
Source Of Wealth Investments, Self Made
Self Made Score 8
Philanthropy Score 3
Residence Los Angeles, California
Citizenship United States
Marital Status Married
Children 3
Education Bachelor of Arts/Science, University of California, Berkeley; Master of Business Administration, University of Pennsylvania, The Wharton School
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $7.5B
Current Net Worth $7.5B

Worth as of May 4, 2026

About Me

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 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. His investments include private equity, hedge funds, venture capital and more than one asset management firm. He's donated $500 million of his fortune on the Center For Advancing The American Dream in Washington DC, which including outside funding is expected to cost $1 billion.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Michael Milken.

#509
Billionaires (2026)
#192
Forbes 400 (2025)

Insights

Did You Know?

Milken founded what is now called the Prostate Cancer Foundation in 1993 after his own battle with prostate cancer.

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.

Wealth Growth

Net Worth Growth Over Time

Tracking Michael Milken's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $7.5B (May 4, 2026)