Michael Milken

Wikidata describes Michael Milken as an American investor and gives him an estimated net worth of ~$7.5B. Wikidata Investopedia reported that Milken pioneered the high-yield, or “junk,” bond market in the late 1970s and 1980s, lending to riskier companies that had struggled to access credit. NewsAPI

Philanthropy

ProPublica’s published 2023 Form 990 filings show that The Milken Family Foundation reported $98.98 million in assets and paid $9.36 million in grants. ProPublica 990 The same filings show that the Michael And Lori Milken Family Foundation reported $369.01 million in assets and paid $23.40 million in grants; together, the two foundations reported $467.99 million in assets and $32.76 million in grants paid. ProPublica 990

Political Activity

FEC filings show 27 contributions totaling $43,500 between October 3, 1980, and April 2, 2004. FEC The filings allocate $20,000 to recipients with an unknown party, $14,500 to Democratic recipients, $5,000 to recipients with no party listed, and $4,000 to Republican recipients. FEC The largest listed recipient was the Drexel Burnham Lambert Political Action Committee, which received $14,000. FEC

These donations are matched to this person by name only, so some may belong to a different person with the same name: FEC filings can include a donor's employer and city, but our matching does not check them against what we know about this person.