The Junk Bond King Opens a Shrine to Capitalism Near the White House

The Riggs National Bank building restored for the Milken Center for Advancing the American Dream.Source: Milken Center

Wall Street’s one-time “Junk Bond King” is opening a $500 million museum venerating American capitalism down the block from the Trump White House.

Michael Milken’s celebration of free markets and entrepreneurship counts among its funders Wall Street billionaires including Ken Griffin and David Rubenstein. Sprawling from the gold-accented lobby of the Milken Center for Advancing the American Dream are attractions such as a high-tech hologram exhibition endowed by Griffin and a “Hall of Dreams” endowed by entertainment mogul David Geffen.