Lowell Jay Milken (born November 29, 1948) is an American businessman, philanthropist, and co-founder and chairman of the Milken Family Foundation.
He is also the founder of the TAP System for Teacher and Student Advancement as well as co-founder of Knowledge Universe, a provider of early childhood education.
Milken is a former senior vice-president in the junk bond-trading operation of Drexel Burnham Lambert, headed by his brother Michael Milken.Lowell Milken has founded several more nonprofit organizations, including the Lowell Milken Family Foundation and the Lowell Milken Center.
In 2000, he was named one of America's most generous philanthropists by Worth magazine.
As chairman of the Milken Family Foundation, he presents of the Milken Educator Awards several times each year.