Editing Michael Milken (section)

==Philanthropy==
[[File:PayPal and the Poor (47305545111).jpg|thumb|left|Milken speaks with [[PayPal]] CEO [[Dan Schulman]], 2019.]]
According to ''Forbes'', Milken has given away between 5–10% of his fortune, earning a philanthropy score of 3 out of 5.<ref name=ForbesPhilanthropy>Profile, [https://www.forbes.com/profile/michael-milken/?sh=2da84097b390 Michael Milken], Forbes as of October 21, 2022</ref> Upon his release from prison in 1993, Milken founded the Prostate Cancer Foundation for [[prostate cancer]] research, which by 2010 was "the largest philanthropic source of funds for research into prostate cancer".<ref>{{cite news|last=Landro|first=Laura|title=Melanoma Survivor Seeks Cure|url=https://www.wsj.com/articles/SB10001424052748703969204575220160013541330?mod=googlewsj|newspaper=Wall Street Journal|date=May 3, 2010|access-date=August 8, 2017|archive-date=April 25, 2018|archive-url=https://web.archive.org/web/20180425115426/https://www.wsj.com/articles/SB10001424052748703969204575220160013541330?mod=googlewsj|url-status=live}}</ref> Milken himself was diagnosed with advanced prostate cancer in the same month he was released.<ref name=PhilMag>{{cite news|last=Barbic|first=Kari|title=The Accelerator|url=http://www.philanthropyroundtable.org/topic/excellence_in_philanthropy/the_accelerator|access-date=September 27, 2012|newspaper=Philanthropy|date=Summer 2012|archive-date=August 13, 2012|archive-url=https://web.archive.org/web/20120813084626/http://www.philanthropyroundtable.org/topic/excellence_in_philanthropy/the_accelerator|url-status=live}}</ref> His cancer is currently in remission. The Prostate Cancer Foundation works closely with [[Major League Baseball]] through its Home Run Challenge program to promote awareness of prostate cancer and raise money for medical research. Each season in the weeks leading up to Father's Day, Milken visits many ballparks and appears on TV and radio broadcasts during the games.

In 2003, Milken launched a Washington, D.C.–based [[think tank]] called [[FasterCures]], which seeks greater efficiency in researching all serious diseases. Initiatives of FasterCures include TRAIN, Partnering for Cures, and the Philanthropy Advisory Service.<ref name=PhilMag />

On March 11, 2014, President [[Steven Knapp]] of [[George Washington University]] in Washington, D.C. announced the university was renaming its public health school after Milken as a result of a total of $80 million in gifts, $50 million from the Milken Institute and the Milken Family Foundation and $30 million gift from [[Viacom Productions|Viacom]] chairman [[Sumner Redstone]]. The gifts were designated for research and scholarship on public health issues.<ref>{{cite news|url=https://www.washingtonpost.com/local/education/gwu-to-receive-80-million-for-public-health-donors-are-milken-and-redstone/2014/03/10/1cd9289c-a88a-11e3-8d62-419db477a0e6_story.html|title=GWU to receive $80 million for public health; donors are Milken and Redstone|author=Nick Anderson|newspaper=[[The Washington Post]]|date=March 10, 2014|access-date=September 4, 2017|archive-date=October 28, 2014|archive-url=https://web.archive.org/web/20141028033634/http://www.washingtonpost.com/local/education/gwu-to-receive-80-million-for-public-health-donors-are-milken-and-redstone/2014/03/10/1cd9289c-a88a-11e3-8d62-419db477a0e6_story.html|url-status=live}}</ref>