Michael Burry Net Worth 2023, Education and Career.

Rate this post

Michael Burry is a hedge fund manager and investor from the United States who is known for his emphasis on value investing. He founded Scion Asset Management and serves as its CEO. Burry’s net worth is estimated to be around USD 300 million.

Burry has a considerable online presence and regularly shares his insights on money and investments on social media platforms such as Twitter and Reddit. He also actively engages in several online investing communities, where he exchanges ideas and viewpoints with other investors.

Michael Burry’s Early Life & Education

Born on June 19, 1971, in California and raised in San Jose, Michael J. Burry earned a bachelor’s degree in biology from the University of California, Los Angeles (UCLA) before pursuing a medical degree at the Vanderbilt University School of Medicine.

After completing his medical education, Burry worked as a resident and later as a neurologist at Stanford University. However, his passion for finance and investment ultimately led him to transition into these fields.

Thanks to his background in medicine, Burry is highly regarded for his analytical and detail-oriented approach to investing. He credits his experience as a neurologist for teaching him how to analyze complex data and draw conclusions from research, skills that have proved invaluable in his work as an investor.

Michael Burry’s Investment

Following his work as a pathologist and neurologist at Stanford Hospital, Michael Burry decided to leave his medical career and pursue a career in finance as a full-time investor. He went on to establish his own hedge fund, Scion Asset Management, and gained recognition for his successful approach to value investing, which involved making profitable stock choices.

Burry is well-known for his unorthodox investment strategies and his ability to identify and profit from market mispricings. He has been invited to speak at investment conferences and has been featured in numerous media outlets for his financial expertise, in addition to his role at Scion Asset Management. Moreover, he has made lucrative investments in various sectors, including technology, healthcare, and agriculture.

Must Read : What is the predicted stock price for Rivian in 2023, 2025, 2030, 2040, and 2050?

Michael Burry net worth

In November 2000, Michael Burry founded his hedge fund, Scion Capital, using funds from his personal holdings and support from his family. The business quickly began generating profits for its investors.

In 2001, Scion Capital delivered an average return on investment of approximately 55%. Even though the market expanded by 28.69% in 2003, Burry managed to surpass it, achieving an annual return of 50%.

By the end of 2004, Burry was managing 600 million USD through Scion Capital. Between November 2000 and June 2008, the company delivered a total return of 489.34%, thanks to Burry’s extensive knowledge and investment expertise.

Burry himself made a profit of $100 million, while his investors made a profit of $700 million by investing in credit default swaps.

In 2008, instead of temporarily shutting down his business and liquidating his assets, Burry decided to focus on his personal investments. This move prevented his business from receiving financial bailouts from the US government during the 2008-2009 recession. Later, Burry relaunched his business under a new name, Scion Asset Management.

Michael Burry

Michael Burry currently resides in Saratoga, California with his family, including his wife and children. Burry is a father, and his son has been diagnosed with Asperger’s syndrome, a rare neurodevelopmental disorder that can impact a person’s ability to interact socially and communicate nonverbally.

After his son’s diagnosis, Burry began to believe that he himself may also have Asperger’s syndrome. As a child, he found it challenging to make eye contact with people, which led him to suspect that he too may have the disorder.

Burry is best known for his successful bet against the housing market bubble in the mid-2000s. He made this wager by purchasing a significant quantity of CDS on securities backed by subprime mortgages. His bet was chronicled in the book “The Big Short” and its subsequent film adaptation.


Michael Burry is an exceptional investor who has made a name for himself in the financial industry. His background in medicine and his analytical approach to investing have set him apart from his peers. Through his hedge fund, Scion Asset Management, Burry has generated impressive returns for his investors, and his successful bet against the housing market bubble has earned him a place in financial history. As of 2023, Burry’s net worth is estimated at $300 million, a testament to his successful career in finance and investing.

Sharing Is Caring:

Leave a Comment