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Tuesday, July 14, 2020
Tue, Jul 14th, 2020
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Michael Milken
Chairman
Milken Institute
THE LATEST: In February, Milken redirected the Milken Institute's 10 centers around the world to focus on confronting the Covid-19 crisis. In his new podcast series, "Responding to Covid-19: Conversations with Mike Milken," the former financier interviews individuals at the forefront of the pandemic. The Milken Institute’s new Center for Advancing the American Dream in Washington, D.C., promotes equal access to education, job training and health care, while fostering entrepreneurialism and innovation.
BACKGROUND: An early advocate of high-yield junk bonds, Milken accumulated a massive fortune in the 1970s and '80s and founded the Milken Family Foundation in 1982 to support medical research. Milken turned more fully to philanthropy after a prison term for securities fraud in the early 1990s. He founded the Milken Institute, a Santa Monica-based nonprofit focused on health care, in 1991.
YEARS ON THE LA500: 5
Return to the 2020 edition of the LA500.
