What do you think is Michael Burry worth considering he has been a successful investor? Michael Burry is a united states physician, a successful hedge fund manager and an investor. He is known to have made around $100 million personal profit as the founder of hedge fund Scion Capital which he ran between 2000 and 2008.

He is known for recognizing early the Subprime Mortgage crisis that occurred in the united states and making a profit out of it. Being a smart investor, we shall jump into details regarding Michael Burry net worth fortune in 2022 and also uncover a few things you probably don’t know about Michael Burry.

Biography & Wiki

Michael Burry Net Worth 2022

Michael J. Burry was born in 1971 in the state of California. He enrolled for his high school education at Santa Teresa High School which is based in California and upon completion joined the University of California where he studied economics and pre-med. Burry earned his M.D in the University of Vanderbilt in the school of medicine and finished his residency in neurology at Stanford Hospital and Clinics.

Michael Burry Personal Life: Affair, Girlfriend, Married, Wife, Children & Family

Today he is a father, and a husband and the family resides at Saratoga California.

Professional Career

Burry investment career started back while he was in school. One of his hobbies was financial investing where he could read a lot on the subject. Before starting his hedge fund, he used to work at Stanford Hospital neurology resident. Burry built a reputation for himself as one of the most successful investors when it comes to Value Investing. His success in stock pics attracted the attention of companies such as Vanguard and White Mountains Insurance Group.

In 2000 he started hedge fund Scion Capital, and the company was funded by investors. Within a short period, the company earned extraordinary profits for its investors. In the first year, the company gained 11.88 percent and the second year the company gained 16 percent and the fourth year the investments had risen to 50 percent which was around $600 million.

In 2005 Burry shifted his focus to the Subprime market where after careful analysis he predicted that the real estate bubble would collapse by 2007. He convinced the investors to invest their money in his company based on his theory and in 2007 his theory came to be true.

Some of the investors didn’t back him up but the ones that remained profited from the $700 million he made for them, and he made around $100 million for himself during this time. Scion Capital recorded returns of 489% over a period of 8 years, that’s between year 2000 and 2008. The Scion Asset Management was terminated in 2016.

Other than investments Michael Burry has also appeared in a film that’s The Big Short released in 2015. He has also done literature work, and some of his work can be found on Michael Lewis, The Big Short 2010, and Gregory Zuckerman, The Greatest Trade Ever 2009.

Awards & Achievements

On awards and achievements Received by Michael Burry to date he hasn’t yet been awarded any official award but let’s give credit for his correct prediction on subprime mortgage crisis where he reaped big.

Michael Burry Salary, Net Worth & Earnings

As of June 2022, Michael Burry net worth stands at $240 million. The great bulk of Michael Burry net worth fortune is his occupation as the physician, as a hedge fund manager, investor and his company Scion Asset Management.

During his time at the Scion Capital a company he founded he has earned more than $100 million in personal earnings and made more than $700 million to investors who had trust in him. Much of Michael Burry net worth fortunes was realized when he cashed in big during subprime mortgage crisis where he made around $100 million for himself.

6 Facts You Need To Know About Michael Burry.

Michael Burry has heard quite a successful career as an investor and knew when and where to invest his capital on, and it turns out much of his predictions were not so wrong. Today we shall look at a few things you probably don’t know about Michael Burry.

1. Michael usually does his research well before laying down a dime on any project.

2. In many cases, he goes for those stocks of unpopular companies that usually inspire unwillingness and sells them off when they are profitable and gained some ground.

3. He believes that there is no book in the world that can teach you on the techniques of being a great investor.

4. He doesn’t view volatility as a measure of determining risk and thus considers volatility as a friend which is against the belief of many value investors.

5. He is a fan of the metal band Metallica.

6. He is a survivor of childhood cancer related to the eyes called retinoblastoma.

Michael Burry worth is just a reflection of his success as a value investor. If you’re looking to invest some money, I would advise you take some lessons from people like Michael Burry.

Quick Summary

Rеаl Nаmе/Full Nаmе: Michael J. Burry

Аgе: 51 Years, Born on 19 June 1971

Неіght: N/A

Gіrlfrіеnd: N/A

Wіfе: N/A

Сhіldrеn: N/A

Nеt Wоrth: $240 Million

Ѕоurсе оf Wеаlth: American physician, investor, and hedge fund manager


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