Michael Robert Milken is an American financier, philanthropist and presidentially pardoned felon. He is known for his role in the development of the market for high-yield bonds ("junk bonds"), 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. With an estimated net worth of around $3.7 billion as of 2018, he is ranked by Forbes magazine as the 606th richest person in the world.Milken was indicted for racketeering and securities fraud in 1989 in an insider trading investigation. As the result of a plea bargain, he pleaded guilty to securities and reporting violations but not to racketeering or insider trading. Milken was sentenced to ten years in prison, fined $600 million (but his personal website claims $200 million) and permanently barred from the securities industry by the Securities and Exchange Commission. His sentence was later reduced to two years for cooperating with testimony against his former colleagues and for good behavior. Milken was pardoned by President Donald Trump on February 18, 2020.
Since his release from prison, he has also become known for his charitable giving. He is co-founder of the Milken Family Foundation, chairman of the Milken Institute, and founder of medical philanthropies funding research into melanoma, cancer and other life-threatening diseases. A prostate cancer survivor, Milken has devoted significant resources to research on the disease. In a November 2004 cover article, Fortune magazine called him "The Man Who Changed Medicine" for changes in approach to funding and results that he initiated.
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Some of their strengths
Michael Milken has many admirable traits.
Based on spiritual traditions from around the world, they are someone who can be described as Intuitive, Imaginative, Creative, Loyal, Caring, Organized, and Passionate.
Intuitive and Imaginative
According to Mysticism’s Astrology tradition, Michael Milken is someone who is a highly intuitive, creative and imaginative person who is very loyal, caring and compassionate to others. A person who is a bit of a "lone wolf".
Helpful and Supportive
Based on Daoism’s Ba-Zi or ‘Chinese Zodiac’ tradition, people who know Michael Milken well know them as someone who can be accepting, supportive, and productive, like a garden.
Imaginative and Sentimental
According to Hinduism’s Jyotisha or ‘Vedic Astrology’ tradition, many would also describe Michael Milken as someone who is imaginative, sentimental, and in touch with emotions.
A person who has extremely good memory and analytical skills, likes to make sure that everyone gets along, enjoys all kinds of situations and people, has a talent for travel and languages, and who makes lifelong friends.
Stable and Creative
Based on the Mayan Tzolk’in or ‘Mayan Astrology’ tradition, Michael Milken is someone who thrives in volatile situations, and who tends to be a source of stability and comfort for others who are experiencing challenging times .
They are also someone who is intuitive, imaginative, and an agent of change, and who is always dreaming of life's great possibilities and partnering with people to try to achieve those possibilities.
Traditional and Patient
According to Judaism’s Kabbalah tradition, Michael Milken tends to be someone who is a patient person that is very emotional, has a very sharp memory, has an ability to understand people, and who tends to be traditional and frugal.
Some of Michael Milken's challenges
While Michael Milken has many strengths, nobody is perfect. They also have some challenging traits they need to manage.
For example, Michael Milken can be Irritable, Stubborn, Emotional, Standoffish, Difficult, Perfectionist, and Arrogant.
Emotional and Standoffish
One of Michael Milken's key challenges is that they are someone who can be emotional and standoffish.
Michael Milken must also exercise caution as they can be excessive and unrealistic.
Irritable and Moody
Michael Milken is someone who can be irritable and moody, have a tendency to experience self-doubt, be too secretive, can take too many risks, and who can have an extreme approach to managing personal finances.
Sensitive and Money-oriented
Finally, Michael Milken also can have mood swings, be overly sensititive, and be a bit rigid and materialistic.
