This name got more popular in the early 1980s, then got a boost in 1990 when it was used by the main character in the movie Days of Thunder.
Due to its favourable meaning, this name was popular among early Christians, being borne by many early saints and four popes. It has been used in England since the Middle Ages, though it has been more popular in continental Europe. A notable bearer was the German composer Felix Mendelssohn (1809-1847).
A famous bearer of the name was Publius Aelius Hadrianus, better known as Hadrian, a 2nd-century Roman emperor who built a wall across northern Britain. His family came from the town of Atri in central Italy.
This name also appears in the New Testament, belonging to man who sheltered Paul and Silas. In his case, it may represent a Hellenized form of a Hebrew name. It was not used in England until after the Protestant Reformation.
The popularity of the saint led to the name being used by nine Byzantine emperors, including Michael VIII Palaeologus who restored the empire in the 13th century. It has been common in Western Europe since the Middle Ages, and in England since the 12th century. It has been borne (in various spellings) by rulers of Russia (spelled Михаил), Romania (Mihai), Poland (Michał), and Portugal (Miguel).
In the United States, this name rapidly gained popularity beginning in the 1930s, eventually becoming the most popular male name from 1954 to 1998. However, it was not as overwhelmingly common in the United Kingdom, where it never reached the top spot.
Famous bearers of this name include the British chemist/physicist Michael Faraday (1791-1867), musician Michael Jackson (1958-2009), and basketball player Michael Jordan (1963-).