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Michael Milken

banker

Michael Milken

American investor

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About Michael Milken

Michael Robert Milken is an American financier. He is known for his role in the development of the market for high-yield bonds, which led to his reputation as the "Junk Bond King", and his conviction and sentence following a guilty plea on felony charges for violating U.S. securities laws. Milken's compensation while head of the high-yield bond department at Drexel Burnham Lambert in the late 1980s exceeded $1 billion over a four-year period, a record for U.S. income at that time.

Facts from Wikidata (CC0). Image by Maryland GovPics via Wikimedia Commons (CC BY 2.0).

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Occupation: banker, financier
Citizenship: United States
Born: July 4, 1946
Website: http://www.mikemilken.com

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