Many well-known hedge fund managers and other asset managers donate millions of dollars to charity regularly, often using their own foundations to not only distribute their money but also to invest.
Michael Milken, known for developing the high-yield bond-trading department at Drexel Burnham Lambert later spending almost two years in prison for securities fraud until then-President Donald Trump pardoned him in 2020, is among those who use their own foundations to dole out their millions.
Milken's securities fraud conviction aside, we can get an idea about the fund managers he trusts the most by looking at where his...
