"Michael Robert Milken (born July 4, 1946) is an American financier. He is known for his role in the development of the market for high-yield bonds ("junk bonds"),[2] and his conviction and sentence following a guilty plea on felony charges for violating U.S. securities laws.[3] 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.[4] With a net worth of US$6 billion as of 2022, he is among the richest people in the world.[5][6]"
Founder of the Milken Institute:
"Michael Robert Milken (born July 4, 1946) is an American financier. He is known for his role in the development of the market for high-yield bonds ("junk bonds"),[2] and his conviction and sentence following a guilty plea on felony charges for violating U.S. securities laws.[3] 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.[4] With a net worth of US$6 billion as of 2022, he is among the richest people in the world.[5][6]"
https://en.wikipedia.org/wiki/Michael_Milken