Michael James Burry is both a neurology specialist and an American investor who created the hedge fund ‘Scion Capital’ in 2000 with a little inheritance. He is most well-known among investors for being one of the few who predicted the subprime mortgage crisis, which lasted from 2007 to 2010.
In this article, we will discuss everything about Michael Burry, including who is Michael Burry, his life and education, his total net worth in 2022, his career, and many more!
Who is Michael Burry?
Michael Burry is an Investor, physician, Hedge fund manager, and entrepreneur of American nationality. He is one of those investors who anticipated the financial crisis of 2008 and made a tidy profit from it. His narrative was not, however, always one of absolute triumph. The renowned Michael Lewis book also the film, player by Christian Bale, The Big Short, recounted its numerous ups and downs. His is an unlikely tale, with an amazing ending that has an odd outcome.
As a result of his persistent awkwardness and antisocial tendencies, Michael Burry later gave himself Asperger’s syndrome diagnosis. Despite his outstanding brilliance, Burry started his career with few acquaintances and little reputation in the financial community.
Early Life & Education of Michael Burry
Michael Burry, who was born in San Jose, California, on June 19, 1971, had to live with a false eye since “Retinoblastoma” caused him to lose his left eye at the age of two. When he was younger, Michael would become so haunted by a subject that he felt compelled to know everything about it.
He would learn he was moderately autistic later in life. Michael’s autism spectrum disorder was modest, though, so he was able to acquire an introverted personality and the capacity to maintain his attention while absorbing complex material.
Michael attended the University of California, Los Angeles to study economics and pre-medicine before attending Vanderbilt University School of Medicine in Tennessee to receive his medical degree. In his spare time after returning to California to complete his residency at Stanford, Burry experimented with financial investment. He soon dropped out of school without graduating to launch his hedge firm, Scion Capital.
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Michael Burry Net Worth
As of 2022, Michael Burry’s net worth is estimated to be $300 Million. Michael Burry is globally known as the manager of the company Hedge Fund and the founder of Scion Capital. The primary sources of his income come from investing, the stock market, business, and various ventures.
Michael’smonthly salary is roughly $3 million and he earns over $25 million annually. Michael Burry is a fine example of how you can focus on a small idea and turn it into a cash machine to diversify your earnings. He earned both fame and a name in the US stock market within a limited time.
Net Worth 2022:
| Name | Michael Burry |
| Net Worth (in Dollars) | $300 Million |
| Monthly Income | $3 Million + |
| Annual Salary | $25 Million+ |
| Income Source | Investing, Business |
| Profession | Investor, Physician, Hedge Fund Manager |
| Age | 51 Years |
Career Highlights of Michael Burry
While pursuing his medical degree, Burry developed an interest in stock trading. He studied economics in college and spent his free time looking into value investment techniques.
Burry dropped his college and left Stanford before completing his residency in 2000 after deciding that a career in finance was more profitable than one in medicine. Later, he founded Scion Capital and achieved success with his investment choices.
In its first year, Scion generated a return of 55%, bringing in $600 million in Assets Under Management (AUM) by 2004. In 2005, Michael extended an invitation to his investors to join him in a significant bet against the stock market.
But it happened, Burry gave his investors a total of $700 million in addition to a personal profit of $100 million. From 2000 to 2008, his company’s overall return was 489.34%.
Frequently Asked Questions (FAQs)
What is the net worth of Michael Burry?
Michael Burry has an estimated net worth of around $300 Million.
How much does Michael Burry make in a year?
Michael Burry’s annual income is over $25 million per year.
How old is Michael Burry?
Michael Burry was born on June 19, 1971, in San Jose, California, U.S. He is 51 years old as of 2022.
