Net Worth: $4.3 B

LAST YEAR: 4.1

CHANGE: 4%

AGE: 77

RESIDENCE: Encino

SOURCE OF WEALTH: Investments



THE MONEY: Milken has investments in private equity, hedge funds, venture capital and more than one asset management firm. He chairs the Milken Institute think tank, which produces the annual Milken Institute Global Conference in Los Angeles. Milken and his son, Gregory, a managing partner in Santa Monica-based private equity firm March Capital, are investors in the esports company Immortals Gaming Club, which was valued at $100 million in 2018.



THE BUZZ: The Milken Institute has led the charge against Covid-19 since 2020, working to spur medical research and the public health response by leaders from business, government and the nonprofit sectors. Work is on schedule for the 2025 opening of the Milken Center for Advancing the American Dream in Washington, D.C., which will promote equal access to education, job training, financing and health care. This year, the Milken Family Foundation has given more than $500,000 in grants and scholarships to educators and high school students, including 10 from Los Angeles-area schools.