Michael Burry Net Worth: A Deep Dive into the Fortune of ‘The Big Short’ Investor
Michael Burry is no ordinary hedge fund manager; he’s a name synonymous with financial foresight, risk-taking, and monumental success. Best known for predicting the 2007-2008 financial crisis, Burry’s reputation grew even larger after his portrayal by Christian Bale in The Big Short. His daring investment strategies, including his role in the GameStop short squeeze and betting against the housing market, have cemented him as a financial visionary. In this article, we’ll explore Michael Burry Net Worth, his investment journey, and the significant events that shaped his career.
Michael Burry Wiki & Bio
| Field | Details |
| Full Name | Michael James Burry |
| Nickname | Michael Burry |
| Gender | Male |
| Birthday | June 19, 1971 |
| Age | 53 years old (as of 2024) |
| Birthplace | San Jose, California, USA |
| Current Residence | Saratoga, California, USA |
| Zodiac Sign | Gemini |
| Nationality | American |
| Ethnicity | White |
| Religion | Christian |
| Education | University of California, Los Angeles (UCLA); Vanderbilt University School of Medicine |
| Profession | Hedge Fund Manager, Investor |
| Father | Unknown |
| Mother | Unknown |
| Siblings | Unknown |
| Marital Status | Married |
| Spouse | Personal details not public |
| Children | Yes, one son |
| Height | 5 feet 6 inches (167.6 cm) |
| Weight | Approximately 75 kg (165 lbs) |
| Body Measurements | Not Publicly Available |
| Hair Color | Dark Brown |
| Eye Color | Brown |
| Net Worth | $300 million (estimated) |
| Source of Income | Hedge Funds, Investments, Scion Asset Management |
| Social Media | Not Active Publicly |
Who is Michael Burry?
Michael Burry is an American investor, hedge fund manager, and former neurologist who rose to fame for his role in predicting and profiting from the housing market collapse during the 2007-2008 financial crisis. He founded Scion Capital, the hedge fund where he made his legendary bets against the housing bubble. Today, he runs Scion Asset Management, continuing to make bold financial predictions that often make waves in the investment community.
Burry’s success stems from his keen ability to spot undervalued assets and foresee market trends. A value investor at heart, his strategy centers around meticulous fundamental analysis, much like the principles set by other famed investors like Joel Greenblatt of Gotham Capital. His success story is not just about wealth, but also about beating the odds—professionally and personally.
What is Michael Burry Net Worth?
As of 2024, Michael Burry net worth is estimated to be around $300 million. This fortune is largely the result of his successful investments, particularly during the 2007-2008 financial crisis. His hedge fund Scion Capital saw remarkable returns during this period, and his personal wealth skyrocketed as he reaped the rewards of betting against the mortgage market collapse.
While Burry’s net worth fluctuates with his investments, especially given his frequent and bold positions in undervalued stocks, his foresight continues to pay off. For example, his involvement in the GameStop short squeeze in 2021 once again showcased his ability to spot opportunities that others miss.
Michael Burry Early Life
Michael Burry was born on June 19, 1971, in San Jose, California. His early life was marked by significant challenges. Diagnosed with retinoblastoma, a form of eye cancer, Burry lost his left eye and has worn a prosthetic eye ever since. This health battle at an early age instilled in him a resilience that would later define his approach to investing.
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Despite his health issues, Burry excelled academically. He attended the University of California, Los Angeles, where he studied economics and pre-med. He later attended Vanderbilt University School of Medicine, eventually working in neurology at Stanford Hospital and Clinics. However, his passion for finance drew him away from a promising medical career.
Michael Burry Investment Career
Burry’s investment career officially began when he launched Scion Capital in 2000. His early success came from identifying overvalued tech stocks during the dot-com bubble. As a value investor, Burry gained attention for his ability to find undervalued companies and profit from market inefficiencies. His investment blog, which garnered a following from notable investors like Joel Greenblatt, showcased his prowess in analyzing financial statements and predicting stock performance.
Scion Capital grew steadily under Burry’s leadership, but it wasn’t until his groundbreaking bet against the housing market that he truly made headlines. Burry’s prediction of the mortgage-backed securities crisis not only made him a fortune but also solidified his status as one of the most influential investors of the modern era.
The Big Short
Burry’s role in the 2007-2008 financial crisis was immortalized in The Big Short, a film based on Michael Lewis’s book of the same name. Christian Bale’s portrayal of Burry showcased the investor’s unique blend of genius and unconventional thinking. Burry famously took out credit default swaps on mortgage-backed securities, betting that the housing bubble would burst—a move that other investors at the time thought was overly risky, even absurd.
Despite pushback, Burry’s bet paid off in a big way. As housing prices plummeted and mortgage defaults soared, Burry and Scion Capital made hundreds of millions of dollars in profit. His prediction and eventual success remain one of the most notable financial plays in modern history.
Financial Gains in 2024
In 2024, Burry continues to make waves in the investment world, although the financial landscape has changed significantly. Recently, Burry made headlines for his positions in several companies, including Oracle, Alibaba, JD.com, and HCA Healthcare. His 13F filings show an active interest in sectors like tech and healthcare, demonstrating his continued faith in undervalued companies with solid fundamentals.
While he’s made controversial calls over the years, Burry’s unique investment strategies remain as profitable as ever. His value-driven approach, often contrarian, has led him to substantial financial gains in 2024, reinforcing his reputation as a market oracle.
Education
Burry’s educational background is both diverse and impressive. He studied economics and pre-med at the University of California, Los Angeles, before attending the prestigious Vanderbilt University School of Medicine. After receiving his medical degree, Burry completed his residency in neurology at Stanford Hospital and Clinics. Though he initially pursued a career in medicine, his passion for investing ultimately pulled him away from neurology and into the world of finance.
Despite his shift in careers, Burry’s medical background is often seen as a testament to his analytical mind and ability to focus on intricate details—skills that have translated seamlessly into his financial career.
Film Career
Though Michael Burry himself has never pursued a career in film, his influence on pop culture, particularly through The Big Short, is undeniable. His portrayal by Christian Bale in the film was a critical and commercial success, bringing his unique investment story to the mainstream. Directed by Adam McKay and featuring other stars like Steve Carell, Ryan Gosling, and Steve Eisman, the movie shed light on the complexities of the financial crisis and Burry’s role in it.
The film’s impact went beyond entertainment, as it raised awareness about the risks of unchecked financial markets and the power of individual foresight. Burry’s fame skyrocketed after the film’s release, and he became a public figure known for both his successes and his eccentricities.
Television Career
While Burry hasn’t had a direct television career, his influence reaches the small screen through financial news and documentaries. His investment strategies and predictions are frequently discussed on channels like CNBC, Bloomberg, and other finance-centric networks. Additionally, Burry’s public statements and tweets have often stirred debates and driven media coverage, further cementing his influence in the investment community.
Personal Life
Burry’s personal life is relatively private, especially considering his fame. Known for being reserved and introverted, he lives a quiet life with his family. Despite the significant challenges he faced early in life, including his diagnosis of retinoblastoma and wearing a prosthetic eye, Burry has never let adversity stop him. His resilience shines through not just in his professional achievements, but also in how he handles life’s personal struggles.
Burry has also been candid about his experiences with Asperger’s syndrome, which he believes has helped him focus on the intricate details of financial data that many others might overlook.
Real Estate
Burry’s investments aren’t just limited to the stock market; he’s also known for his ventures into real estate. Though not much is publicly known about his real estate holdings, it’s clear that Burry has diversified his portfolio to include various forms of tangible assets. This strategy aligns with his value-driven investment approach, which often seeks long-term, stable returns.
Quick Facts
Full Name: Michael James Burry
Birthdate: June 19, 1971
Occupation: Hedge Fund Manager, Investor
Net Worth: $300 million (estimated)
Known For: Predicting the 2008 housing market collapse
Education: University of California, Los Angeles; Vanderbilt University School of Medicine
Famous Film: The Big Short (portrayed by Christian Bale)
Final Thoughts
Michael Burry’s net worth and investment career are testaments to his unparalleled foresight and willingness to go against the grain. From founding Scion Capital to making hundreds of millions during the housing crisis, and continuing to make bold financial predictions in 2024, Burry has solidified his place as one of the most influential investors in modern history. His ability to spot opportunities where others see none has made him a legend in the financial world.
FAQs About Michael Burry Net Worth
What is Michael Burry’s net worth?
Michael Burry’s net worth is estimated to be around $300 million.
What is Michael Burry famous for?
He is best known for predicting the 2007-2008 housing market collapse, which was portrayed in The Big Short.
What companies has Michael Burry invested in recently?
Burry has recently shown interest in companies like Oracle, Alibaba, JD.com, and HCA Healthcare.
How did Michael Burry get started in finance?
Burry transitioned to finance after starting his career as a neurologist, founding Scion Capital in 2000.
Did Michael Burry predict the GameStop short squeeze?
Yes, Burry was involved in the GameStop short squeeze, further showcasing his ability to spot market opportunities.
