Michael Burry Net Worth & Earnings 2022 – How Much He Earns

Do you know who Michael Burry is? Well, Mr. Burry is one of the most successful investor and manager in the last decade in America. In fact, he is the main doctor, however, many of his careers have so far been associated with intelligent investment and hedging funds that make him get wealth. But have you ever wondered what is Michael Burry’s clean wealth? If so, see the following article which contains the initial details of life and professional careers and of course the clean wealth of this successful man. So, if you are ready, let’s start.

Michael Burry’s Early Life

Michael J. Burry or just Michael Burry is a successful hedge fund manager and investor, but above all a doctor. He was born on June 19, in the year of 1971. His hometown is San Jose in California, United States. His childhood was quite difficult because, as a very young boy with only two years of age, Michael lost his eye due to cancer. Since that time, Michael has an artificial eye.

Still, the disease didn’t defeat him and Burry was able to create a very impressive career that began at Santa Teresa High School, also based in California. After high school, young Michael enrolled in the University of California on a pre-med and economics program. Michael earned his M.D. (Doctor of Medicine) at Vanderbilt University School of Medicine, but didn’t complete the residency he began at Stanford Hospital and Clinics, department of neurology.

Although he didn’t complete residency, Burry was able to retain his license. As we said, in addition to medicine, his great passion is economy, more specifically financial investing which was his hobby during period at UCLA. Even during this period, it was clear that Michael have talent and he attracted the attention of some large companies.

Michael Burry’s Professional Career

So, during his study period, Michael showed great interest and knowledge in financial investment, which attracted company attention such as White Mountains Insurance Group and Vanguard, and even very successful investors such as Joel Greenblatt. However, the key year in his career was 2000 when he founded a hedging fund called Scion Capital after his favorite book, ‘The Scions of Shannara’ by Terry Brooks.

Although the funds were made thanks to loans from their parents, Scion Capital had produced extraordinary results in the first year of its existence. This means an increase of 11.88 percent, while in the second year as many as 16 percent of profits. At the end of 2004, growth reached 50 percent surprising, which was around $ 600 million. Obviously the biggest success he had achieved was after moving to the Subprime Market.

Furthermore, Michael made a detailed analysis of the market and concluded that real estate bubbles had to collapse during 2007, which later came true. Although not all investors remain in their company, those who do it generate large profits of $ 700 million. Michael himself has collected extraordinary $ 100 million. After a lot of success, Michael decided to close the funds and focus on other things of personal investment like that.

Michael Burry’s Awards and Achievements

During his very successful career so far, Michael Burry has not received any official awards. However, his financial predictions that made him rich were his biggest success. His career and personality is inspiration for the 2015 film ‘The Big Short’, which includes popular actors such as Ryan Gosling, Brad Pitt, and Christian Bale who provoked Michael.

Michael Burry’s Net Worth

Throughout his career, Michael Burry has managed to get enough money. He obtained most of his wealth while working as a Protection Fund Manager during the time to manage Scion Capital. We mention the $ 100 million revenue thanks to an intelligent investment strategy and is calculated well. But how much is the price of Michael Burry’s net. Well, he managed to make a net worth which is estimated to be around $ 300 million.

Besides being rich and smart, we must emphasize that Michael Burry is a great man above all, with a life story that can be inspiring for people who start investing in business. So, never give up.