Michael Milken

Michael Milken is an American financier and philanthropist. He was convicted on felony charges, and following his release, he is following charitable giving. He has co-founded Milken Family Foundation and is the chairman of Milken Insitute. He has contributed a lot to the research of cancer, melanoma, and other diseases.

Well, how well do you know about Michael Milken? If not much, we have compiled all you need to know about Michael Milken’s net worth in 2021, his age, height, weight, wife, kids, biography and complete details about his life. Well, if you’re all set, here is what we know about Michael Milken to date.

Biography and Early Life

Michael Robert Milken was born on July 4, 1946, in Encino, California. He was from a middle-class Jewish family. He is the son of Ferne and Bernard Milken. His brother is businessman Lowell Milken.

Age, Height, Weight & Body Measurement

So, how old is Michael Milken in 2021 and what is his height and weight? Well, Michael Milken’s age is 75 years old as of today’s date 2nd August 2021 having been born on 4 July 1946. Though, he is 5′ 8″ in feet and inches and 173cm in Centimetres tall, he weighs about 165 lbs in Pound and 75kg in Kilograms.


Milne has been to Birmingham High School. He was the head of the school cheerleading team and has also worked as a diner. After graduating from high school, he went to the University of California, Berkeley, and earned his B.S. degree. Michael Milken was in the Sigma Alpha Mu fraternity. Later, he went to the University of Pennsylvania’s Wharton School for his MBA degree.

Personal Life: Dating, Girlfriends, Wife, Kids

In 1968, Michael Milken got married to his high school sweetheart Lori Anne Hackel. The couple is the parents of three children named Bari Milken-Bernstein, Gregory A. Milken, and Lance A. Milken. He is a vegan and has co-authored a cookbook. In 1993, he became the founder of the Prostate Cancer Foundation. Milken is an active philanthropist and has made contributions worth millions of dollars.

In 1989, he was indicted for securities fraud and racketeering. He was sentenced to ten years along with a fine of $500 million. However, this was reduced by two years following his testimony for good behavior. Michael Milken was granted clemency by President Donald Trump in February 2020. He is under SEC investigation which is regarding his relationship with Guggenheim Partners.

Is Michael Milken Gay?

Michael Milken married his childhood love and has been married for over five decades. He is the father of three children. To call him gay or bisexual will be very unfair. He has always been faithful to his wife, and his sexual orientation is very straight.

Professional Career

After his MBA degree, Michael Milken started working at an old-line investment bank called Drexel Harriman Ripley. He was assigned as low-grade bond research’s director. In 1973, the company was merged with Burnham and Company. The merge made him the head of convertibles. He then moved the operation to Los Angeles. His scheme was highly successful and quickly raised large amounts of money. It went on to help many organizations as he developed a high-yield bond market.

In 1996, he teamed up with his brother to form Knowledge Universe. He is also the founder of Knowledge Learning Corporation. Milken has served as the chairman of Knowledge Universe. However, it was sold in 2015. He then came up with an education management organization called K12 Inc. He has served ten years in prison on indictment charges. In 2003, he launched FasterCure, which is a think tank. He has also hosted conferences with activists and senior medical scientists.


One of the biggest career achievements of Michael Milken is to be a successful philanthropist and financier. He was called “The Man Who Changed Medicine” by Fortune magazine in 2004. In 1991, he won the Ig Nobel Economics Prize. In doing so, he became the first recipient of the prize. In his honor, the public health school of George Washington University has been renamed to his name.

Net Worth, Salary & Earnings of Michael Milken in 2021

As of 2021, The approximate net worth of Michael Milken is $4 billion. He made this mammoth net worth after being a financier. Throughout his career, he has come up with many organizations. He also believes in giving as he is an active philanthropist. Even though he was indicted and served his time in prison, it did not make an impact on his wealth. In the 1980s, Drexel Burnham Lambert made revenues over $1 billion in four years. In 2018 his net worth was $3.7 billion and was on the Forbes list of the richest person in the world.

Michael Milken has been a highly influential person. He has given a lot for various causes. His “fall from grace” was also displayed in the play ‘Junk’. Milken has done a lot for various causes, and he also accepted a lifetime ban to involve in any securities industry. He has also come up with the Milken Educator Awards and has received many honors.


Facts of Michael Robert Milken

  • Gender Male
  • full nameMichael Robert Milken
  • birthplaceEncino, California, U.S.
  • Date of Birth July 04, 1946
  • Age 77 years 10 months
  • Horoscope Cancer
  • Lucky Number 4
  • Lucky Stone Moonstone
  • Lucky Color Silver
  • Best Match for Marriage Taurus, Pisces, Scorpio
  • nationalityAmerican
  • religionChristian
  • net worth$4 billion
  • professionBusinessman,  Financier and Philanthropist
  • weightIn Kilograms – 75 Kg, In Pounds – 165 lbs
  • heightIn Centimetres – 173 cm, In Feet and Inches – 5′ 8″
  • hair colorBlack
  • eye colorBlack
  • high schoolBirmingham High School

Written by Joel S. Elkins

Bill Elliott