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Quote by Michael Milken

“Earlier in this century, philanthropy often flowed from the wills of dead industrialists. In recent decades, it's as likely to have come from a very alive business leader, entertainer, artist or sports star. The most effective of these patrons begin the process of giving by asking what they care about passionately.”

Quote by Michael Milken

Author

Michael Milken
Michael Milken

Michael Milken, born on July 4, 1946, is a renowned financier from the United States. He became famous in the early 1980s for his role in promoting the junk bond market, earning him the nickname 'the Junk Bond King'. Milken's investment strategies and his company, Drexel Burnham Lambert, had a profound impact on global financial markets. more

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“There's no substitute for rolling up your sleeves and working with the people who can make a difference. They get the benefit of your participation and you gain a direct understanding of the real problems and potential solutions, which makes you a more informed giver.”