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Who is Micheal Burry?
Michael Burry NET Worth: Michael Burry is an American investor and former hedge fund manager. He gained fame for accurately predicting the 2008 financial crisis and making successful investments during that period.
What led Michael Burry to switch careers and establish Scion Capital?
Burry initially pursued a career in medicine and attended medical school at Vanderbilt University. However, his passion for investing led him to switch careers and establish his own hedge fund called Scion Capital in 2000. Burry’s investment approach involved conducting extensive research and making contrarian bets based on his analysis of market trends and economic indicators.
What were the outcomes of Michael Burry’s successful investments during the financial crisis?
One of Burry’s notable investment strategies was his anticipation of the housing market bubble and subsequent collapse in the mid-2000s. He recognized the risks associated with subprime mortgage-backed securities and decided to take significant short positions against them. His predictions were proven correct when the housing market crisis unfolded in 2007-2008.
Burry’s successful investments during the financial crisis garnered widespread attention and were chronicled in the book “The Big Short” by Michael Lewis, which was later adapted into a film of the same name.
Following the financial crisis, Burry dissolved Scion Capital and has since been involved in various investment activities, although specific details about his current ventures are not widely publicized.
Overall, Michael Burry is recognized as a highly influential and successful investor who demonstrated exceptional foresight and analytical skills during the 2008 financial crisis. His unique investment strategies and ability to identify profitable opportunities have made him a notable figure in the finance industry.
Michael Burry NET Worth
|Net worth||$300 million|
|Born||June 19, 1971 in San Jose, California|
|Became a millionaire||29|
|Occupations||Physician, investor, hedge fund manager, entrepreneur|
|Sources of wealth||Scion Asset Management, stocks, real estate|
|Asset classes||Government real estate, farmland, infrastructure, gold|
Growth of Michael Burry NET Worth Year-Wise
|Net Worth in 2023||$320 Million|
|Net Worth in 2022||$290 Million|
|Net Worth in 2021||$260 Million|
|Net Worth in 2020||$230 Million|
|Net Worth in 2019||$210 Million|
|Net Worth in 2018||$190 Million|
How Michael Burry made his money
Michael Burry, the founder of Scion Capital, established himself as a successful investor through his unique investment strategies. After teaching himself value investing principles, he founded Scion Capital and achieved impressive returns, managing $600 million in assets by 2004. Burry’s prowess as an investor became evident when he made substantial profits by shorting overvalued tech stocks during the dot-com bubble.
However, his most notable achievement came from his astute analysis of the subprime real estate market. Burry accurately predicted the impending collapse of the housing market, and he took significant short positions and purchased credit default swaps against subprime deals. Despite facing skepticism from investors who questioned his strategy, Burry’s foresight ultimately paid off. As the housing market crisis unfolded, his investors reaped substantial profits, with Burry himself making a personal profit of $100 million even before the financial crisis began.
Michael Burry’s ability to identify profitable opportunities and his success in predicting major market shifts have solidified his reputation as a skilled investor. His unconventional investment strategies and the significant profits he generated during the financial crisis have made him a notable figure in the finance industry.
Michael Burry, a highly successful individual, faced challenges early in life due to a rare disease called Retinoblastoma, which resulted in the loss of one eye. Despite this adversity, Burry was determined and pursued his education in economics, which became his favorite subject. Alongside his studies, he developed his financial skills by practicing them during his free time.
Burry went on to become a physician, although he never practiced medicine. Instead, he ventured into the field of finance, where he achieved remarkable success. His keen interest in economics and his dedication to honing his financial skills laid the foundation for his future accomplishments.
|Real Name/Full Name||Michael Burry|
|Nick Name/Celebrated Name:||Michael Burry|
|Birth Place:||Sam Jose, California, United States|
|Date Of Birth/Birthday:||19 June 1971|
|Age/How Old:||51 years old|
|Height/How Tall:||In Centimeters – 170 cm |
In Feet and Inches – 5’6”
|Weight:||In Kilograms – 75 kg|
In Pounds – 165 lbs
|Hair Color:||Dark brown|
|Parents Name:||Father – N/A|
Mother – N/A
|School:||Santa Teresa High School|
|College:||University of California|
|Profession:||Investor, Physician and Hedge Fund manager|
|Net Worth:||$320 million+|
How old is Michael Burry?
As of now Michael Burry is 51 years old (19 June 1971).
What is the net worth of Michael Burry?
Michael Burry’s Net Worth is arount $320 Million.
What is the height of Michael Burry?
The height of Michael Burry is 5.6″.
How much Michael Burry Make in a year?
As per reports he makes around $30 Million