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How Much is Michael Burry Net Worth? His Net Worth 2023

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Michael Burry’s Net Worth 2023

Michael Burry, also known as Michael Burry, was born in San Jose, California, on June 19, 1971. $300 million is the approximate value of Michael Bury’s net worth.

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His battle started when he lost his left eye to retinoblastoma at the age of two. His left eye was replaced with an artificial one because the cancer, which is rare, quickly develops from immature retinal cells.

Over the course of his career, prominent American investor and hedge fund manager Michael James Burry has accumulated enormous wealth. Michael Burry’s net worth as of April 2023 is a staggering $1.2 billion. But how did he get to that size? Let’s explore his life, career, and the key moments that contributed to his current net worth.

Summary of Michael Burry Net Worth 2023

Event/DetailInformation/Date
Birth Date & Place19 June 1971, San Jose, California
EducationUCLA, Vanderbilt University School of Medicine
Hedge FundScion Capital (2000 – 2008)
Major Financial MoveShorted 2007 mortgage bond market
Personal Gain from the Move$100 million
Gain for His Investors$700 million
Michael Burry’s Estimated Net Worth 2023$1.2 billion

Early Life and Education

Michael Burry, who was born in San Jose, California, on June 19, 1971, showed talent at a young age. He attended Santa Teresa High School until the end of his studies and then transferred to the esteemed University of California, Los Angeles. Burry continued his education at Vanderbilt University School of Medicine, demonstrating his breadth of interests and dedication to learning.

Later, he received a doctorate (MD) degree from Nashville, Tennessee’s Vanderbilt University School of Medicine. He began working as a part-time financial investor while he was off duty because finance has always been his main interest.

Michael Burry’s Investment Career

Michael resigned his position as a doctor in the pathology and neurology department at Stanford Hospital not long after that in order to devote his whole attention to investing in the financial markets and founding his own hedge fund.

Michael Bury had become a well-known personality in value investing by the time he departed his position. He consistently selected the best stocks and was profitable.

Companies like Vanguard, White Mountain Insurance Group, and well-known investors like Joel Greenblatt were interested in Michael Bury’s stock recommendations due to their performance.

Currently, Michael Burry works as a doctor, a hedge fund manager, and an angel investor.

Financial Success and Notable Achievements

Michael Burry’s move to short the mortgage bond market in 2007 was possibly the most significant turning point in his career. While most perceived a thriving sector, Burry foresaw its impending collapse and took a risky action that would earn him $100 million and an astounding $700 million for his investors.

 

Conclusion

Michael Burry’s transition from managing hedge funds to concentrating on personal investments is evidence of his sound financial judgement. He’ll be one of the wealthiest investors of our time, with a net worth of $1.2 billion in 2023.

 

 

 

FAQs:

When did Michael Burry get his start?
Michael Burry was born on June 19, 1971, in London.

What significant financial decision is Michael Burry renowned for?
He gained notoriety by shorting the mortgage bond market in 2007.

 

 

 

 

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