Michael Burry Net Worth : Business & Income

Michael Burry is an investor, hedge fund manager, and physician who has a net worth of $300 million.

The doctor turned fund manager is best known as the founder of hedge fund Scion Capital.

After running Scion Capital from 2000 to 2008, he closed the firm to focus on his own personal investments.

Michael-Burry
Michael Burry (Source: Getty Images)

Michael was one of the first to recognize and profit from the subprime mortgage crisis between 2007 and 2010.

Undoubtedly, he is one of the best financial specialists and most successful investors in the United States.

Burry currently owns and runs a private investment firm, Scion Asset Management.

Quick Facts

Let’s have a quick look at Michael Burry’s facts:

Full Name Michael James Burry
Nickname Michael Burry
Net Worth $300 million
Date of Birth June 19, 1971
Place of Birth  San Jose, California, USA
Place of Residence  Saratoga, California, United States
Age 50 Years Old
Gender Male
Zodiac Sign  Gemini
Religion Christianity
Nationality                          American
Ethnicity White
Education Santa Teresa High School, University of California, Vanderbilt University School of Medicine
Father Unknown
Mother Unknown
Siblings Unknown
Offspring Unknown
Height 1.7 m (5 ft 6 in)
Weight 165.3 lbs (75 kg)
Eye Color Brown
Hair Color Black
Sexual Orientation Straight
Marital Status Married
Relationship Unknown
Profession Investor, Hedge Fund Manager, Physician
Active Since 1996-Present
Official Website www.scionasset.com
Social Media Instagram, Twitter
Last Update January, 2022

Michael Burry: Net Worth and Income

As of January, 2022, Michael Burry has a net worth of $300 million.

The California-based investor grew his net worth while working as a hedge fund manager in Scion Capital.

One of the events that largely increased his net worth was the financial crisis of 2007-2008.

After a thorough analysis of the market, Burry concluded that the real estate bubble would collapse during 2007, which later became true.

As a result of his rightful prediction, he was able to raise an incredible $100 million.

Net Worth of Michael Burry in Different Currencies

Let’s find out Michael Burry’s net worth in different major currencies of the world. 

Currency Net Worth
Euro 252,801,900
Pound Sterling £ 215,749,770
Australian Dollar A$ 408,441,000
Canadian Dollar C$ 374,320,500
Indian Rupee 22,313,790,000
BitCoin ฿ 7,235

Michael Burry: Lifestyle & Vacations

The doctor turned fund manager was born Michael James Burry on June 19, 1971, in San Jose, California, US.

He lost his left eye due to cancer (retinoblastoma) when he was just 2 years of age.

As a result, he implanted an artificial eye ever since.

However, he did not lose hope and went on to create an impressive career.

Moreover, Burry was always considered awkward and anti-social who viewed the world differently.

In fact, he has self-diagnosed Asperger’s disease.

Furthermore, his son was also diagnosed with Asperger syndrome.

Michael Burry: Books, Movies, Documentaries, Investments

Books

In 2010, Michael Burry was depicted as a key figure in Michael Lewis’s best-selling non-fiction book The Big Short: Inside the Doomsday Machine.

Big-short-inside-the-doomsday-machine
The Big Short: Inside The Doomsday Machine Cover (Source: wikipedia.org)

Similarly, Gregory Zuckerman, in his book The Greatest Trade Ever, mentioned Michael Burry as the biggest winner following the real estate crash.

Movies

Michael Burry’s career and personality inspired the 2015 biographical comedy-drama The Big Short.

The-Big-Short-Movie-Poster
The Big Short Movie Poster (Source: wikipedia.org)

The film was based on the 2010 book The Big Short: Inside the Doomsday Machine by Michael Lewis.

In the Oscar-winning movie, famous actor Christian Bale played the role of Michael Burry.

Documentaries

Michael Burry was featured in a 2011 Documentary entitled Risk Takers: Michael Burry.

The documentary examines how Burry predicted the housing market’s plunge against popular belief and made nearly $1 billion for himself and his investors.

Investments

Michael Burry is regarded as one of the greatest investors of the current time.

He has invested in multiple companies across various sectors.

The hedge fund manager primarily invested through his private investment firm, Scion Asset Management.

Let’s take a closer look at his investments:

Company Name Investment
Lumen Technologies (LUMN) 1.15 million shares of LUMN stock worth more than $13 million.
NOW (DNOW) 1.5 million shares of DNOW stock worth about $15.7 million.
RPT Realty (RPT) 1 million shares of RPT stock worth about $10.8 million.
Uniti (UNIT) 725,000 shares of UNIT stock worth about $8.6 million.
Western Digital (WDC) 150,000 shares of WDC stock worth about $10.5 million.
Allstate (ALL) 75,000 shares of ALL stock worth about $8 million.
Qurate Retail (QRTEA) 700,000 shares of QRTEA stock worth about $8.8 million.
GameStop (GME) 1.7 million shares of GME stock worth about $6.8 million.
Tesla (TSLA) 700,000 shares of TSLA stock worth about $7 million.

Michael Burry: Career

After high school, Michael Burry joined the University of California on a pre-med and economics program.

Later on, he earned his M.D. (Doctor of Medicine) at Vanderbilt University School of Medicine.

Consequently, he worked as a Standard Hospital neurology resident after finishing medical school.

However, he decided to pursue his hobby, financial investing and left the residence.

Subsequently, in November 2000, he started the hedge fund Scion Capital.

Burry was tremendously successful with his stock choices and was able to book huge profits for his investors.

For three consecutive years, he managed to beat the S&P market index.

Meanwhile, in 2005 Burry predicted that the real estate bubble would collapse as early as 2007.

Consequently, his prediction proved to be correct, and he was able to make huge profits.

Facts About Michael Burry

  • The hedge fund manager is a huge fan of the heavy metal band Metallica.
  • Michael Burry thinks that no book in the world can instruct you to be an extraordinary speculator.
  • Despite not practicing, Burry has kept his license as a physician active with the Medical Board of California.

FAQ’s

Why is Michael Burry investing in water?

Burry admitted that he doubts the way the financial system operates. He fears negative real interest rates and high levels of debt. Thus, he has turned to water as a safe investment.

You may also be interested in Suze Orman.

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