Net Worth

Michael Burry Net Worth, Bio, Crypto, Movie, Tesla, Wife, Kids, Twitter

Michael Burry Bio

Dr. Michael James Burry, professionally known as Michael Burry, is an American investor, hedge fund manager, and physician. Michael Burry net worth seems attractive due to his successful career through his Scion company. He also invested in gold, water, Facebook, and Alphabet Inc.

The 51 years old investor is also known for recognizing early the Subprime Mortgage Crisis in the United States and making a personal profit of around $100 million.

Michael Burry Age
Michael Burry is 51 years old.
Source: New York Post

However, the investor earned publicity with his bet against CDOs during the housing boom. Likewise, it became the iconic trade in the history of the United States and led him to gain massive profit of over $600 million for his trusted clients.

Similarly, the physician obtained 3 million video game retailer GameStop shares and initiated short positions on Tesla. Moreover, he acquired more than 800,000 Tesla shares.

Recently, Burry also earned $31 million in shares of the ARKK ETF innovation index managed by an American investment management firm ARK Invest in 2021.

Michael Burry: Quick Facts

Full Name Dr. Michael James Burry
Nickname Michael Burry
Net Worth $300 million
Date of Birth 19th June 1971
Birth Place San Jose, California, United States
Age 51 years
Zodiac Sign Gemini
Father’s Name Not Known
Mother’s Name Not Known
Siblings Not Known
Wife/ Girlfriend Not Known
Children Not Known
Education Santa Teresa High School, Vanderbilt University School of Medicine, Stanford University Hospital, and University of California
Height 5’6″ or 170 cm or 1.7 m
Weight 75 kg or 165 lbs
Body Measurements N/A
Shoe size N/A
Gender Male
Nationality American
Ethnicity White
Sexuality Straight
Religion Christian
Eye Color Blue
Hair Color Brown
Profession American physician, investor, and hedge fund manager
Marital Status Married
Married Date N/A
Social Media Presence Instagram, Facebook, and Twitter
Last Updated July 2022

Michael Burry Net Worth and Income

The investor has a net worth of $300 million as of 2022. His significant sources of income are Burry’s investments in different ventures. Similarly, the investor had more than $600 million value of assets under management.

After graduating, Burry built his interest in investing in stocks while studying medicine. However, the physician had a degree in economics and found himself researching value investment strategies in his spare time.

Michael Burry Net Worth
Michael Burry has a net worth of $300 million as of 2022.
Source: Boss Hunting

Later in 2000, he decided on a career in finance rather than a career in medicine and dropped out of Stanford before completing his residency.

The American founded Scion Capital and was successful with his investments.

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He became well-known as the founder of Scion Capital LLC, a private investment firm. The physician correctly estimated the 2008 real estate market crash, earning a fortune.

Likewise, the American star was represented by Christian Bale in the 2015 film The Big Short. However, the fund saw a 5.de5% return after introducing Scion Capital LLC in 2001, thanks to wise bets again tech stocks ahead of the internet bubble.

Michael Burry Net Worth in various currencies

Name of Currencies Value of Net worth
Bitcoin 12,549.14 BTC
Ethereum 6,866,196.60 ETH
Dogecoin 4,239,939,000 DOGE
Litecoin 4,807,692 LTC
Indian Currency Rs 23,805,750,000

Michael Burry Net Worth in the last five years

Years Net Worth (In USD)
2022 $300 million
2021 $270 million
2020 $250 million
2019 $225 million
2018 $205 million
2017 $200 million

Houses Collection

As we know, Michael Burry is a famous name in America and the world. However, he is a rich and mighty successful person. Burry has a significant and attractive net worth and owns many assets, including real estate properties.

The physician eventually has plenty of houses in America like one in Los Angeles, Beverly Hills, Ner Work, San Jose, Santa Monica, and many more.

Cars Collection

Michael Burry Cars Price (In USD)
Rolls Royce Phantom $460,000
Jaguar F Type $103,000
Maserati Levante $150,000
Bently Continental $300,000

Wiki- Bio

Michael James Burry, famous for his nickname Michael Burry was born in San Jose, California, United States of America. At 2, the investor lost his left eye due to a rare retinoblastoma disease and has had an artificial eye ever since.

The 5’6″ tall celebrity is an American citizen and belongs to the white ethnicity. Likewise, the zodiac sign of Burry is Gemini, and his sexual orientation is straight.

Michael Burry Health
He lost one eye at the age of 2.
Source: Instagram

So, after losing one eye, and ever since that day, he has been using an artificial eye. But Burry never let that disability come in his way. The American star studied economics, and it was his favorite subject as well.

Dr. Michael studied pathology, and at night time, he used to practice his financial skills. Furthermore, James became a physician. However, he had never practiced.

Age and Height| How Tall Is Michael Burry?

Michael Burry was born on 19th June 1971 and is 51 years old. He is 5’6″ or 170 cm or 1.7 m and weighs around 75 kg or 165 lbs. Talking about his body figure, the Scion founder has quite a good structure.

Likewise, he noticed that looking people in the eye took a lot of energy when he was younger. At that time, he said. If I am looking at you, that’s one time I know I won’t be listening to you. 

During the COVID pandemic, the American physician was in a critical situation. Michael is a fan of heavy metal music, including bands such as Obituary, Lamb of God, Amon Amarth, slipknot, King Diamond, and Pantera.

Education

Michael attended Santa Teresa High School for his high school education. After completing his high school education, Burry joined the University of California to study economics and earn his bachelor’s degree. So, after finishing his B.A., the physician went to study premed.

Michael Burry Family
Burry took hidden about his wife and children.
Source: Investment News

However, he joined his M.D. at Vanderbilt University School of Medicine. But the American celebrity built his interest in investing in stocks while studying medicine.

Although the physician had a degree in economics and found himself researching value investment strategies in his spare time, later in 2000, he decided on a career in finance rather than a career in medicine. He dropped out of Stanford before completing his residency.

Furthermore, the good-looking star maintains an active license with the Medical Board of California while he doesn’t practice medicine. Therefore, the 5’6″ tall went to finance, and in 2000 he founded Scion Capital LLC.

Michael Burry Girlfriend| Wife and Kids

However, the physician’s wife’s name is hidden from the public. Likewise, his children’s names are also not known. He, his wife, and his kids live in Saratoga, California.

It is clear that he has a son, but unfortunately, there is no information regarding that son’s name or the day he was born. Nevertheless, the American celebrity’s son was diagnosed with Asperger syndrome.

After knowing the symptoms of Asperger syndrome, Burry believes that he has this disease.

Start of Investment Career

Michael worked on financial investing while off duty during his time at Stanford. Later, he became successful in value investing. However, the American investor did so well with his stock picks that he gained the attention of companies.

Some of them are White Mountains, Insurance Group, and Vanguard, as well as significant investors such as Joel Greenblatt. At that time, the investor said that his investment style was based on the 1934 books Security Analysis and all of his stock pickings were entirely rooted in the concept of margin of safety.

Hence, he founded his ledge fund named Scion Capital LLC in 2000. The company was funded by both inheritance and loans from his family.

Michael Company
He founded his own ledge fund named Scion Capital LLC in 2000.
Source: New York Post

Unfortunately, the physician was earning maximum profits from his investors. However, the investor earned up 55% while S&P 500 fell 11.8% in its first full year in 2001. Similarly, the S&P 500 fell again the following year while Michael rose again.

Again in 2003, he hit the market with his investments rising by 50%. Michael used a strategy of shorting overvalued tech stocks to achieve these returns. Then Burry managed around $600 million by the end of 2004.

Subprime Market

In 2005, Michael Burry focused on the subprime market. However, the investor used his analysis of mortgage lending practices over the previous two years.

So he correctly predicted that the real estate bubble would collapse as early as 2007. At that time, the Scion founder researched residential real estate values and analyzed the subprime mortgage and bonds.

So, based on the estate would start losing value when far higher rates replaced the actual rates. Eventually, he listed the market by persuading Goldman Sachs and other prominent investment firms to sell him credit non-payment trade against subprime deals at risk.

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At that time, many investors became nervous that Burry’s analysis would prove inaccurate. So, in that case, many of them withdrew their capital.

But his predictions were subsequently planned out, and Burry earned a personal profit of $100 million. However, a gain of over $700 million for his remaining investors.

Further, his investing company Scion had returns of 489.34% between 2000 and 2008.

Dr. Michael had paid off his credit non-payment trade sales and did not benefit from the 2008 and 2009 economic bailouts. Moreover, the investor then settles his company to focus on personal investments.

Michael Burry Tesla

Looking at his further investments, Burry reopened his hedge fund as Scion Asset Management in 2013, filing reports as an exempt reporting adviser.

Eventually, the investor turned his immediate attention to investing in gold, water, and farmland. However, his fund has also invested significantly in Facebook and Google parent company Alphabet Inc.

Burry movie
The Big Short is a movie made in Michael Burry’s book.
Source: From Economy

Dr. Michael began short positions on Telsa in 2020, estimating that the company would collapse as the housing bubble did. The American star also holds put options on more than 800,000 Tesla shares.

He also reportedly holds options on around $31 million of the firm ARK Investment management.

In Popular Career

Michael has been written about and described in books and on film. He was highly talked about in journalist Gregory Zuckerman’s non-fiction book The Greatest Trade Ever in 2009.

The non-fiction book mainly focused on hedge fund manager John Paulson’s role in the subprime mortgage crisis.

He had a more significant part as one of the subjects of Michael Lewis’ 2010 non-fiction written book, The Big Short: Inside the Doomsday Machine. The book described the build-up to the housing bubble collapse and covered the leading players who profited from it by venturing against the market.

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Likewise, the book was converted into a 2015 film directed by Adam McKay, featuring Brad Pitt, Ryan Gosling, Steve Carell, and Christian Bale as Burry.

Later, the movie won huge honors, receiving five Academy Award nominations and a win for Best Adapted Screenplay. In the film, Bale was nominated for Best Supporting Actor for his role as Burry.

Social Media Presence

Instagram: 4.4k followers

Facebook: 942 followers

Twitter: 22.4k followers

Interesting Facts about Michael Burry

  • Michael has vision in only one eye.
  • The investor is also a medical doctor.
  • Even though he didn’t complete his medical internship and never practiced as a medical doctor but has maintained his license as a prestigious physician with the state of California.
  • The physician disagreed with the lockdowns due to COVID-19 and said that no one had the right to force anyone into lockdown.
  • Burry says that when he looks at people, he isn’t listening to them.
  • Dr. James has a son with Asperger syndrome.

Frequently Asked Question about Michael Burry

  • How much did Michael Burry make in 2008?

According to the reports, Burry made $800 million from his bets during the 2008 financial crisis.

  • What kind of doctor was Michael Burry?

The investor, Dr. Michael Burry, MD, is a Family Medicine Specialist in Cupertino with over 25 years of experience in the medical field.

  • Does Michael Burry only have one eye?

Michael Burry has a glass eye in real life because he had a very rare form of life threatning cancer and had to have his left eye to be removed before age two.

  • What is the net worth of Michael Burry in 2022?

He has a net worth of $300 million as of 2022.

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