Milken, Michael

Quick Facts

Drexel Burnham and Company employee who singlehandedly created a junk bond market during the 1980′s
Served about 22 months in federal prison for charges of insider trading, stock parking, tax evasion, among others
Upon his release, he still had net worth of over $1 billion, despite having paid a total of $200 million in fines and settlements
Milken is now a notable philanthropist through his Milken Family Foundation, Prostate Cancer Foundation and a Washington, D.C.-based think tank called FasterCures
Education: UC Berkeley, Wharton MBA