Michael Burry is an American investor, physician, and hedge fund manager. He is the founder and president of Scion Asset Management, LLC. Michael Burry was one of the first investors to recognize the subprime mortgage crisis and bet against the market. Michael Burry’s net worth in 2023 will be explored in this article. We will also take a look at his education and career path, as well as his personal life.
This post will cover everything you need to know about Michael Burry, including who he is, his life and education, his entire net worth, his work, and much more!
Who is Michael Burry?
Michael Burry is an Investor, physician, Hedge fund manager and entrepreneur of American nationality. The unusual story of his success is chronicled in the renowned book by Michael Lewis and later adapted into a film titled The Big Short, where he was portrayed by none other than Christian Bale. Despite his awkwardness and tendency to keep to himself, Burry’s brilliance was such that it propelled him to success. In fact, Burry managed to anticipate financial crisis of 2008 and bet against mortgage backed securities, thus netting himself a tidy profit. He even came to diagnose himself with Asperger’s Syndrome as a result of his persistent anti-social behavior. It’s safe to say that Michael Burry is an unlikely success story, but one that ended with an undeniably amazing outcome!
Michael Burry Net Worth
Michael Burry’s net worth is currently estimated to be $300 million. He gained global recognition from managing hedge funds and investing in stocks, businesses, and various other ventures. According to reports, Michael earns a total of $3 million per month and over $25 million every year. Michael’s remarkable journey has demonstrated what can be achieved if one puts their mind to it—with intelligent investments and wise management, it is possible to turn an idea into lucrative success. Michael Burry has done just this by building up a large portfolio in the US stock market within a short span of time.
Early Life & Education of Michael Burry
Michael Burry was born in San Jose, California, on June 19, 1971. Sadly, at the age of two, he had to lose his left eye due to the rare medical condition “Retinoblastoma”. Growing up, Michael developed an introverted personality which allowed him to focus deeply on one subject if it interested him; and with such determination came focused attention that would help him delve deep into complex material. His pursuit for knowledge led him to receive a degree from the University of California, Los Angeles, in economics and pre-medicine, followed by a medical degree from the Vanderbilt University School of Medicine in Tennessee. It wasn’t until later in life that Michael discovered he was moderately autistic, giving context to why his drive was so strong.
Career of Michael Burry
Michael Burry’s career is one of the most impressive investment success stories. While pursuing his medical degree, Burry developed an interest in stock trading, utilizing his economics knowledge and studying value investment techniques. His ambition paid off – after making the controversial decision to leave Stanford before completing his residency in 2000, he founded Scion Capital and swiftly achieved returns of 55% in its first year. By 2004, the company had $600 million in Assets Under Management (AUM). In 2005, Burry made a bold bet against the stock market which paid off handsomely – he earned $100 million for himself and gave his investors a total of $700 million in addition to that.
Michael Burry’s story is truly inspirational. His commitment to learning, his risk-taking and smart investments have made him one of the most successful personalities in finance and investing. Michael’s net worth of $300 million is a testament to not only his talent but also his hard work and dedication to mastering the markets. Michael’s success story serves as a reminder of what can be achieved if you set your sights on the right targets, and are willing to take risks with calculated precision. Michael Burry is undoubtedly an example of how one person’s success can inspire many others.
What is Michael Burry’s net worth?
Michael Burry’s net worth is currently estimated to be $300 million.
What was Michael Burry’s greatest investment?
Michael Burry’s greatest investment was betting against the stock market in 2005, which earned him $100 million and gave his investors a total of $700 million in addition to that.
What is Michael Burry’s monthly earning?
Michael Burry earns a total of $3 million per month and over $25 million every year.
What is Michael Burry’s Education?
Michael Burry has a Bachelor of Science in Economics from Vanderbilt University and a Doctor of Medicine from Stanford University.