Michael James Burry is the Big Short billionaire character in Michael Lewis’s book!
Dr. Michael Burry is an American physician, computer scientist, value investor and a hedge fund manager whose worth increased from $200 million to $300 million in 5 years.
He’s the founder of Scion Capital LLC – a fund he managed during the Great Financial Crisis of 2008, making billions in profits for his clients during the American housing market collapse.
Burry launched Scion Capital LLC in 2001 with his savvy investment strategy, and the fund saw a 55% return in its first year.
Michael J. Burry Biography
Born on June 19, 1971, in San Jose, California, Michael Burry lost his left eye to retinoblastoma at two years old, forcing him to wear a false eye throughout his life.
As he was growing up, Michael would fixate his attention on subjects to a degree where he had to know everything about it, and that’s simply autistic.
Michael’s range on the spectrum of autism was mild, causing him to develop an introverted personality and an ability to hold his concentration while learning about advanced topics.
M. James Burry education
Burry attended Santa Teresa High School, and also enrolled at the University of California to study economics and earn his bachelor’s degree.
After finishing his BA, Burry went on to study pre-med.
He obtained his MSc. from the Vanderbilt University School of Medicine, but did not complete his residency in neurology at Stanford University Medical Center.
As he was practicing medicine, he maintained an active license with the Medical Board of California.
Finally, Michael James Burry went on to study finance, and later founded Scion Capital LLC in 2000, which is the major source of his net worth.
Michael Burry net worth and career
Since Michael Burry’s investing history is largely disclosed in Securities and Exchange Commission (SEC) filings, we can conclude his true net worth is close to $300 million.
Given that Scion Asset Management, his highly exclusive hedge fund had $2 billion in assets under management as of Q2 2021.
Investor Dr Michael Burry is said to have a personal net worth of up-to $300 million in 2022.
However, given the volatility of today’s financial markets, it’s important to note that Mr. Burry’s net worth likely varies widely according to the market cycle.
In a bull market, Burry’s net worth is likely significantly higher than it is during a sustained downturn.
Michael Burry’s wife
Michael Burry’s wife is known as Cassandra,whom he gets his strength to keep playing in the markets throughout his married life.
He posts under her name as his user on Twitter, and Michael is notorious for releasing strings of tweets on scary financial subjects.
However, he always delete his tweets and block his account for weeks before resurfacing again.