Mike Milken, Chairman of the Milken Institute, has been at the forefront of successful initiatives in medical research, education, public health and access to capital since the 1970s. Fortune magazine called him “The Man Who Changed Medicine” and a Forbes cover listed him among “Visionaries Reimagining Our Children’s Future.” He formalized his previous philanthropy in 1982 by co-founding the Milken Family Foundation, a major force for education, worldwide medical research and public health.
The annual Milken Institute Global Conference (May 1-4 this year) brings 3,500 thought leaders from 60 nations to Los Angeles. Other major conferences are held in London, New York, Washington and Singapore. The Institute’s Center for Financial Markets promotes access to capital and stronger capital markets; and its FasterCures center removes barriers to progress against all life-threatening diseases.
Last year, the Institute announced the renaming of the Milken Institute School of Public Health at George Washington University. On March 1-2, the Institute will host the World Summit on Public Health in Washington.
As a financier, Mike revolutionized capital markets by pricing and rewarding risk more efficiently. This democratized capital by expanding access for smaller companies. When Bloomberg Businessweek chose the 85 most-important economic innovations of the past 85 years, the Milken revolution was 7th, ahead of DNA sequencing, Social Security and email. A Washington Post column said he “helped create the conditions for America’s explosion of wealth and creativity,” a process BusinessWeeksaid “shook America’s defeatist Establishment out of its gloom.” Starting in 1969, he financed more than 3,000 companies that created millions of jobs.
A graduate of the University of California at Berkeley, Mike earned his MBA at the University of Pennsylvania’s Wharton School. He and his wife of 47 years, Lori, have three children and nine grandchildren. For more information see www.mikemilken.com.