Milken Unveils Museum of Capitalism Near White House

Lead: Financier Michael Milken inaugurated his $500 million Museum of Capitalism across Pennsylvania Avenue from the Trump White House in Washington, D.C., today, spotlighting free-market entrepreneurship through interactive exhibits. Nut Graf: The new Milken Center for Advancing the American Dream brings together high-tech holograms, a “Hall of Dreams” and immersive narratives to celebrate risk-taking and job creation, reflecting Milken’s decades-long mission to democratize access to capital and expand opportunity.

A Showcase of Free-Market Triumphs

The museum spans a restored historic complex and weaves together:

  • A gold-accented lobby featuring donor-funded installations by Ken Griffin and David Rubenstein
  • Holographic presentations on landmark innovations and industry pioneers
  • A curated “Hall of Dreams” funded by David Geffen, highlighting success stories ranging from small-business founders to Silicon Valley disruptors

Advancing the American Dream

Milken framed the center as a cultural hub, stating that it “reaffirms the ideal that everyone, regardless of background or circumstance, should have the opportunity to build the life they want to live”. The institution will host public programs, education workshops and policy forums aimed at driving social mobility and entrepreneurial education.

From Junk Bonds to Philanthropy

Once dubbed the “Junk Bond King,” Milken parlayed his Wall Street innovations into a philanthropic empire focused on medical research, education and public health. He co-founded the Milken Family Foundation in 1982 and later established FasterCures and the Milken Institute, channeling billions into efforts to accelerate cures and honor outstanding educators.

Looking Ahead

The museum opens to the public on Saturday, with an inaugural lecture series featuring leading economists and innovators. Milken intends the venue to serve as both a testament to past successes and a launchpad for future dialogues on capitalism’s role in addressing societal challenges.