Michael Burry, a name that first gained widespread recognition for predicting the 2008 financial crisis, continues to dominate the investment world in 2024. With his astute financial insights and ability to forecast market crashes, Burry’s net worth has become a topic of intrigue for many. His foresight, chronicled in the book and movie The Big Short, earned him legendary status in the finance community. Today, he continues to make bold moves through his investment firm, Scion Asset Management, leaving many to wonder how much Michael Burry is worth in 2024 and what his latest portfolio reveals about the market’s future.
Despite having a background in medicine, Dr. Michael Burry has primarily focused on finance since the early 2000s. Through his unconventional investment strategies, Burry has not only made substantial profits for himself but also for those who have followed his predictions. With an estimated net worth of between $200 million and $300 million as of 2024, Burry’s financial success remains a fascinating topic for investors and economists alike.
Key Takeaways
- Michael Burry is best known for predicting the 2008 financial crisis, earning massive profits through shorting the housing market.
- As of 2024, his net worth is estimated to be between $200 million and $300 million.
- Burry’s portfolio through Scion Asset Management is valued at $64.67 million and includes investments in major companies like Alibaba and Baidu.
- He remains active on social media, often sharing bold market predictions that stir conversations across the financial world.
Michael Burry and "The Big Short"
Michael Burry’s rise to fame can be traced back to the mid-2000s when he took an audacious bet against the U.S. housing market. This move, documented in Michael Lewis’s book The Big Short, involved purchasing credit default swaps, which essentially allowed Burry to profit when the mortgage-backed securities market collapsed. The bet paid off in spectacular fashion, netting him a personal profit of $100 million and $700 million for his investors.
Burry’s role in the financial crisis brought significant attention to the systemic risks within the financial system. His ability to foresee the housing bubble’s collapse not only secured his place in investment history but also solidified his reputation as someone who can identify market inefficiencies.
Michael Burry’s Net Worth in 2024
As of 2024, Michael Burry’s net worth is estimated to range between $200 million and $300 million. This wealth is primarily derived from his investment gains over the years, most notably his short positions leading up to the 2008 crash. His net worth fluctuates based on his portfolio’s performance and market conditions, but his history of identifying undervalued assets and profiting from overvalued markets ensures his continued financial success.
Burry’s investment portfolio remains closely watched by both retail investors and large financial institutions, as many try to emulate his strategies or interpret his moves as signals of broader market trends.
Michael Burry’s Portfolio in 2024
As of April 2024, Michael Burry’s investment portfolio at Scion Asset Management is valued at approximately $64.67 million. His top holdings include well-known companies such as Alibaba, JD.com, Baidu, and Molina Healthcare. Burry has a knack for identifying undervalued companies, particularly in sectors that he believes have strong long-term potential. His portfolio reflects his contrarian approach, often betting against market consensus.
Here’s a summary of Michael Burry’s portfolio in 2024:
| Key Holdings | Details |
|---|---|
| Alibaba | Leading Chinese e-commerce giant |
| JD.com | Major Chinese online retailer |
| Baidu | Dominant Chinese search engine |
| Molina Healthcare | U.S.-based health services firm |
His portfolio’s diversity shows that Burry remains focused on industries he perceives as undervalued or poised for growth, particularly in the tech and healthcare sectors.
How Much Did Michael Burry Make?
Burry’s most famous financial success came from his short position on the subprime mortgage market, earning him an astonishing $100 million personally and $700 million for his investors. This trade remains one of the most talked-about moments in modern financial history.
More recently, Burry gained attention for his position in GameStop during the early 2021 surge, though he exited before maximizing profits from the stock’s meteoric rise. While the exact figures are unknown, Burry’s involvement in the GameStop saga reaffirmed his ability to spot market inefficiencies well before the general public.
Michael Burry on Twitter (X)
Michael Burry is an active voice on Twitter (now X), where he frequently shares his thoughts on the market, investments, and economic trends. With over 1.4 million followers, his tweets often generate significant buzz, particularly when they involve cryptic messages or deleted posts.
Burry is known for issuing bold market predictions, which range from warnings about overvalued assets to potential economic downturns. His Twitter activity has become a crucial aspect of his public persona, offering insights into his current thinking and market outlook.
Dr. Michael Burry – The Physician-Turned-Investor
Though widely recognized for his investing prowess, Michael Burry also holds an M.D. and is a licensed physician, specializing in neurology. However, he has largely stepped away from the medical field to focus on his finance career. His journey from practicing medicine to running a successful hedge fund is a testament to his unique ability to transition between entirely different fields with remarkable success.
| Key Life Event | Details |
|---|---|
| Name | Michael J. Burry |
| Born | June 19, 1971, San Jose, California |
| Net Worth in 2024 | Estimated between $200 million to $300 million |
| Famous for | Predicting the 2008 financial crisis |
| Biggest Investment Success | $100 million from the subprime mortgage short |
| Twitter Followers | Over 1.4 million |
| Education | M.D., licensed in California, specialized in neurology |
FAQs
How much is Michael Burry worth in 2024?
As of 2024, Michael Burry’s net worth is estimated to be between $200 million and $300 million, largely from his investment successes.
What is Michael Burry’s most famous investment?
Burry is best known for his short position against the subprime mortgage market before the 2008 financial crisis, which earned him and his investors a combined $800 million.
What companies are in Michael Burry’s portfolio in 2024?
Burry’s 2024 portfolio includes investments in Alibaba, JD.com, Baidu, and Molina Healthcare, among others.
Is Michael Burry still active on Twitter?
Yes, Michael Burry is active on Twitter (X), where he shares insights on the economy and markets. He has over 1.4 million followers.
What is Michael Burry’s background in medicine?
Michael Burry holds an M.D. and is licensed to practice medicine in California, specializing in neurology, though he now focuses on his career as an investor.
How much did Michael Burry make from the 2008 housing crisis?
Michael Burry reportedly made $100 million personally from his short position on the housing market, with his investors earning an additional $700 million.
This article highlights how Michael Burry continues to influence the financial world in 2024, proving that his skills as a visionary investor are as sharp as ever.