Michael Burry, whose huge, wildly profitable bets against the housing bubble were made famous in "The Big Short," is wagering that long-term U . Nonetheless, business personalities often prefer to maintain their personal life low-key for several reasons, and we should respect their boundaries. Burry is also known for recognizing early the Subprime Mortgage Crisis in the United States and making a profit of approximately $100 million out of it. He was so successful with his stock picks that he attracted the interest of companies such as Vanguard, White Mountains Insurance Group and prominent investors such as Joel Greenblatt. He founded Scion Capital LLC in November 2000 and correctly predicted the 2008 real estate market crash through Scion, earning a fortune. In Centimetres 180 cm Eventually, he listed the market by persuading Goldman Sachs and other prominent investment firms to sell him credit non-payment trade against subprime deals at risk. Burry manages Scion Asset Management with a portfolio value. He was welcomed into this world by highly loving parents. He thought that he had seen a plane crash and also admitted of writing a mail to his wife that he cant come home to his kids with such an upsetting market scenario. As of February 2023, Michael Burrys net worth is $300 million. Michael has infused a lot of his time in finding his soulmate. Home - Net Worth - Michael Burry Net Worth 2023, House, Cars, Investments, Wife, Ig. Michael James Burry [2] is an American investor, hedge fund manager, and physician. At that time, many investors became nervous that Burrys analysis would prove inaccurate. She often complained that I appeared to like the idea of a relationship more than living the actual relationship. So he correctly predicted that the real estate bubble would collapse as early as 2007. He generally attempts to avoid debates, and scarcely comes for media communication. At that level Michaels 1.7 million shares wouldareworth $816 million. So, based on the estate would start losing value when far higher rates replaced the actual rates. Michael Burry net worth seems attractive due to his successful career through his Scion company. Michael Burry l mt hin tng c bit trong th gii qun l qu. This organisation ran until 2008. Some of them are White Mountains, Insurance Group, and Vanguard, as well as significant investors such as Joel Greenblatt. He is probably the most extravagant individual in the nation. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'liverampup_com-medrectangle-3','ezslot_10',180,'0','0'])};__ez_fad_position('div-gpt-ad-liverampup_com-medrectangle-3-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'liverampup_com-medrectangle-3','ezslot_11',180,'0','1'])};__ez_fad_position('div-gpt-ad-liverampup_com-medrectangle-3-0_1');.medrectangle-3-multi-180{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:7px!important;margin-left:auto!important;margin-right:auto!important;margin-top:7px!important;max-width:100%!important;min-height:50px;padding:0;text-align:center!important}. Showing Editorial results for michael burry. Michael Burry is an American physician, investor, and hedge fund manager who has a net worth of $300 million as of 2022. The physician disagreed with the lockdowns due to COVID-19 and said that no one had the right to force anyone into lockdown. Dr. Michael had paid off his credit non-payment trade sales and did not benefit from the 2008 and 2009 economic bailouts. Michael was born on 19th June 1971 in San Jose, California, named Michael James Burry. No, Michael is undoubtedly not gay. Image Source: Social Media. While Burry's expertise and respect in the finance world grew, he transitioned from that thread to his own blog. Don Lemon Family, Parents, Wife, Net Worth, Salary & Bio, Will Smith Net Worth 2023, Forbes, Cars & More, Norman Lloyd Family, Net Worth, Parents, Wife and Biography, Gautam Adani Family Tree : Parents, Wife, Siblings, Children, Lil Baby Family Tree : Parents, Wife, Children, Siblings & More, Vanderbilt University School of Medicine, Santa Teresa High School, University of California, Los Angeles. Oct 1, 2022 I'll be posting a page from his trade journal every week. Michael Burry is an American investor who is known as the founder ofScion Assetfinancial Management, LLC. Nick Name/Celebrated Name: The majority of his income comes through investments in various companies in the world. He gathered fortunes from Scion Capital after quitting his medical career in 2000. His second wife is of Vietnamese-American descent, whom he met on the Match.com and is still married to. Why Didn't the Fed? His significant sources of income are Burrys investments in different ventures. He anticipated that the land air pocket would fall in 2007 by examining home loan loaning rehearses. Michael Burry is a very famous and successful person, who has achieved numerous milestones in his career. He made a personal fortune of approximately $100 million through his bet and presently has a net worth of $300 million as of February 2023. Her experience of watching movies for such a long time delivers some brilliant articles. This diagnosis changed the whole life of Michael. "[20], Glimpses were offered into Scion's portfolio with 13Fs filed from the 4th quarter of 2015 through the 3rd quarter of 2016, as required by the SEC when fund holdings top $100 million. 1,", "A Primer on Scion Capitals Subprime Mortgage Short", "Scion Asset Management - Quarterly Holdings Reports", https://en.wikipedia.org/w/index.php?title=Michael_Burry&oldid=1136913298, University of California, Los Angeles alumni, Vanderbilt University School of Medicine alumni, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 1 February 2023, at 20:47. His bet against CDOs alone earned him a profit of $100 million. On January 28, 2021, GameStop briefly hit $480 a share. It became the iconic trade in the history of the United States and led him to gain massive profit of over $600 million for his trusted clients. Michael Burry responded to my craigslist ad looking for someone to mow my lawn. He quit his medical profession to shift his career in stock exchanges and market analytics. ActressJae Suh Park essayed the role of Michael's wife. Among his interests, he likes Heavy Metal music and is a fan of bands including Amon Amarth, King Diamond, Pantera, Obituary, and Lamb of God. On this date February 18th, two years ago: "As for me, I like the stock." -Keith Gill, The Roaring Kitty testifies to the U.S. House Financial Services Committee. The American investor was born Michael James Burry on June 19, 1971, in San Jose, California, United States. However, the American investor did so well with his stock picks that he gained the attention of companies. scintillatingstars aims to provide authentic knowledge to its viewers about the personalities and people trending in news all over the world. Although the bet was a loser for a long time, he was eventually correct. Scintillating Team's main responsibility is to provide the latest and updated information regarding any celebrity to the user. Accordingly, he was among the first to call the dot-com bubble by analyzing overvalued companies with . if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'liverampup_com-medrectangle-4','ezslot_2',181,'0','0'])};__ez_fad_position('div-gpt-ad-liverampup_com-medrectangle-4-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'liverampup_com-medrectangle-4','ezslot_3',181,'0','1'])};__ez_fad_position('div-gpt-ad-liverampup_com-medrectangle-4-0_1');.medrectangle-4-multi-181{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:7px!important;margin-left:auto!important;margin-right:auto!important;margin-top:7px!important;max-width:100%!important;min-height:250px;padding:0;text-align:center!important}, Michael Burry (Source: Times News Express), He luckily found 'the one' and tied the knot with her. Yet, later his premium expanded towards speculations, and he began his own multifaceted investments. MAY 26, 2021 Investment legend Michael Burry met his wife on a dating website. FAQs What did Burry say about Tesla? Who Is Michael Burry's Wife? Burry's fund eventually earned $700 million for his investors and $100 million personally. 10 days ago. Michael Burry's Scion Capital Management dumped his entire stock portfolio in the second quarter as the "Big Short" hedge fund legend stepped up his warnings about a looming stock market . By continuing with us, you agree to our Terms and Conditions and Privacy Policy. According to his website, Burry liquidated his credit default swap short positions by April 2008 anddidntenjoythe bailouts of 2008 and 2009. However, Michale has kept a shallow profile to reveal anything about his married life. Although the investor keeps his personal life out of the public's radar, he seems to be in a happy married life with his second wife. This conclusion led Burry to short the market by persuading Goldman Sachs and other investment firms to sell him credit default swaps against subprime deals he saw as vulnerable. At the age of two he lost his left eye to retinoblastoma[3] and has had a prosthetic eye ever since. Who is the Wife of Michael Burry? Net Worth in 2023: $250 million. He is one of the first investors from the United States to gain profit from subprime mortgage crisis. Likewise, it became the iconic trade in the history of the United States and led him to gain massive profit of over $600 million for his trusted clients. His expectations are exact without fail. [9] His son was diagnosed with Asperger syndrome, and Burry believes he himself has Asperger syndrome after reading about the disorder. Burry currently resides in Saratoga, California, with his wife and children. Michael went to his tutoring at Santa Teresa High School, which is situated in California. Is Kelly McGillis' Ex-Husband Fred Tillman Still A Restaurateur? [9] While off duty at night, he worked on his hobby: financial investing. Still, there is much to unveil about Michael, so we are bringing this short biography covering all the important details. [19] He has focused much of his attention on investing in water, gold, and farm land. Burry has a wife and two adult sons, one of whom was diagnosed with Asperger's Syndrome as a boy, which prompted Burry to discover that he too has the condition. He got to this conclusion after reading about the condition. Top Stories, Trending Topics, Hollywood, Bollywood, Home Net Worth Michael Burrys Net Worth 2022: Age, Bio, Wife, Kids, Investment. Burry has kept his license active with the Medical Board of California. This analysis proved correct, and Burry profited accordingly. Investor Michael Burry may have deleted his entire Twitter account on Tuesday, a move that comes just weeks after the famous short-seller told his followers that his tweets . He has set his location as "l nh" on. Furthermore, Burry's mother contributed $20,000 from her settlement, and each of his three brothers kicked in $10,000. -0.05 -0.15%. Likewise, the American star was represented by Christian Balein the 2015 filmThe Big Short. Burry was born and grew up in San Jose, California. Looking at his further investments, Burry reopened his hedge fund as Scion Asset Management in 2013, filing reports as an exempt reporting adviser. October 15, 2021, 4:53 PM UTC Michael Burry, the celebrity investor who rose to fame by being one of the first to profit from the subprime mortgage crisis, has deleted his Twitter account. In May 2021, he bets against Tesla $530 million. He also invested in gold, water, Facebook, and Alphabet Inc. Required fields are marked *. The man who predicted the financial crisis is warning about "silliness" in markets. However, the investor earned up 55% while S&P 500 fell 11.8% in its first full year in 2001. Even though he has a functioning permit of doctor yet he once in a while utilizes it. He is a married man with children. ", "Why Is Michael Burry Investing In Water? Scion Asset Management, LLC has disclosed 9 total holdings in their latest SEC filings. He had already developed a reputation as an investor by demonstrating success in value investing, which he wrote about on message boards on the stock discussion site Silicon Investor beginning in 1996. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[728,90],'wikinetworth_com-leader-1','ezslot_6',176,'0','0'])};__ez_fad_position('div-gpt-ad-wikinetworth_com-leader-1-0'); Michael with his savings and his family's financial backup was able to establish a hedge fund named Scion Capital. Eventually, Burrys research on mortgage lending analysis helped him predict the real estate bubble in early 2007. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'liverampup_com-banner-1','ezslot_6',185,'0','0'])};__ez_fad_position('div-gpt-ad-liverampup_com-banner-1-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'liverampup_com-banner-1','ezslot_7',185,'0','1'])};__ez_fad_position('div-gpt-ad-liverampup_com-banner-1-0_1');.banner-1-multi-185{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:7px!important;margin-left:auto!important;margin-right:auto!important;margin-top:7px!important;max-width:100%!important;min-height:250px;padding:0;text-align:center!important}Regarding this matter, Michael shared his thoughts in an interview, saying. At last, he got a fake eye from the activity. He is having a child with his wife and dwells cheerfully in California. Martin Shkreli Net Worth 2018 | How Much is Martin Shkreli's Worth? In a recent Twitter (NYSE:TWTR) post, which was obviously deleted later . He has a great deal of interest in examinations from his youth. By April 2008, he liquidated his company to work and focus on his investments. Afterquitetwo years, onValentine Day, 2019, Scion Asset Management filed another 13F, showing Michael Burryto carrynumerous large-cap stocks and $103,528,000 13F assets under management, just abovethe edgefor filing. His son was diagnosed with Asperger syndrome. In 2020, Michael acquired 3 million shares of video game retailer GameStop and initiated short positions on Tesla. Michael said that he knew Nicholas was different but in a positive way. Through his company, Burry made investments in gold, water, and farmland. Michael Burry - Scion Asset Management Period: Q4 2022 Portfolio date: 31 Dec 2022 No. In 2000, Michael started his hedge fund, Scion Capital. Similarly, the physician obtained 3 million video game retailer GameStop shares and initiated short positions on Tesla. Recently, Michael Burry also held puts on $31 million shares of the ARKK ETF innovation index managed by an American investment management firm ARK Invest in 2021. So, lets dive deep to find out Michael Burrys net worth and how much this celebrity made his fortune. The physician eventually has plenty of houses in America like one in Los Angeles, Beverly Hills, Ner Work, San Jose, Santa Monica, and many more. Owen McDonnell Net Worth 2023, Age, Height, Weight, Biography, Wiki and Allegra Versace Net Worth 2023, Age, Height, Weight, Biography, Wiki and Jim Jefferies Net Worth 2023, Age, Height, Weight, Biography, Wiki and Elise Ecklund Net Worth 2023, Age, Height, Weight, Biography, Wiki and Trick2g Net Worth 2023, Age, Height, Weight, Biography, Wiki and Career Michael is a fan of the metal band Metallica. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'liverampup_com-box-4','ezslot_4',183,'0','0'])};__ez_fad_position('div-gpt-ad-liverampup_com-box-4-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'liverampup_com-box-4','ezslot_5',183,'0','1'])};__ez_fad_position('div-gpt-ad-liverampup_com-box-4-0_1');.box-4-multi-183{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:7px!important;margin-left:auto!important;margin-right:auto!important;margin-top:7px!important;max-width:100%!important;min-height:250px;padding:0;text-align:center!important}. At the same time, Burry also holds puts on $31 million Ark Invest shares. Sinbads Net Worth in 2023 How Sinbad Maintains His Worth? [28] In October 2021, after a 100% rise in Tesla's stock value, he revealed he was no longer shorting it. His personality and his bet on the housing crisis in 2008 and 2009 are fascinating. Investor Michael Burry took a fresh jab at his frequent rival Elon Musk's firm Tesla on Wednesday after one of the car maker's battery packs was involved in a fire-related mishap in California. Professional Career As of 2023, Michael is 51 years old with around 5 feet and 6 inches tall in height. The investor, Michael Burry net worth is $300 million. However, he is a rich and mighty successful person. Michael attended Santa Teresa High School and later joined the University of California, Los Angeles, to study economics and pre-med. Michael Burry is a happily married man with two sons. Michael Burry has a glass eye in real life because he had a very rare form of life threatning cancer and had to have his left eye to be removed before age two. The American star also holds put options on more than 800,000 Tesla shares. He later reduced his position to 1.7 million shares which he sold out in the fourth quarter. Moreover, he recently built a massive position in GameStop by selling some of his $3 million shares in late 2020 before it became a meme stock on Reddit and skyrocketed. [6] Scion Capital ultimately recorded returns of 489.34% (net of fees and expenses) between its November 1, 2000 inception and June 2008. [18] He faulted federal regulators for failing to listen to warnings from outside a closed circle of advisors. So they can enjoy all the information. Unfortunately, the physician was earning maximum profits from his investors. Recently, Burry also earned $31 million in shares of the ARKK ETF innovation index managed by an American investment management firm ARK Invest in 2021. One of his prominent investor Joel Greenblatt and his company had seen their funds rise dramatically and the overall assets under management reached $600 million. This value is significant in that it is the last known price at which the security was still held. Also Trending:Paul Sorvino Death, Goodfellas, Harvey Weinstein, Wife, Kids, Net Worth >>. At 2, Burry lost his left eye to retinoblastoma and has had an artificial eye ever since. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'wikinetworth_com-large-mobile-banner-1','ezslot_5',181,'0','0'])};__ez_fad_position('div-gpt-ad-wikinetworth_com-large-mobile-banner-1-0'); The Physician went to Santa Teresa High School in San Jose and then studied economics and pre-med at the University of California, Los Angeles. The one who doesn't fall is not the winner, but a winner is a person, who knows how to get up once they fall. The investor received his MD degree from the Vanderbilt University School of Medicine. Michael James Burry, famously known as Michael Burry, is a mainstream doctor, investor, and hedge fund manager in the United States. In an April 2010 op-ed piece in The New York Times, Michael Burry wrote about how he was able to see the housing market crisis coming and explained what he did to capitalize on the collapse."I purchased credit default swaps a type of insurance on billions of dollars worth of both subprime mortgage-backed securities and the bonds of many of the financial companies that would be . When he was younger, he noticed that it took him a lot of energy to look people in the eye, and said, "If I am looking at you, that's the one time I know I won't be listening to you". However, a gain of over $700 million for his remaining investors. His profile read as follows: "I'm a medical student with only one eye, an awkward social manner, and 145 thousand dollars in student loans." She wrote back: "You're just what I've been looking for!" (In other words, she was looking for honesty.) Unfortunately, one of Michael Burry's children was diagnosed with Asperger syndrome, and later, he found out that he, too, has the condition. Michael Burry, the investor behind Scion Asset Management who rose to fame in the wake of the 2008 financial crisis, is back on Twitter to raise concerns about, among other things, passive investing. On this Wikipedia the language links are at the top of the page across from the article title. In 2007, when the market crashed in America, he invested in the subprime mortgage crisis and is often termed as risk avoider. Global Edition. Burry says that when he looks at people, he isnt listening to them. Sunday, February 26, 2023 Later he was unable to complete his residency in nervous system science at Stanford University Medical Center. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'liverampup_com-large-leaderboard-2','ezslot_14',186,'0','0'])};__ez_fad_position('div-gpt-ad-liverampup_com-large-leaderboard-2-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'liverampup_com-large-leaderboard-2','ezslot_15',186,'0','1'])};__ez_fad_position('div-gpt-ad-liverampup_com-large-leaderboard-2-0_1');.large-leaderboard-2-multi-186{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:7px!important;margin-left:auto!important;margin-right:auto!important;margin-top:7px!important;max-width:100%!important;min-height:250px;padding:0;text-align:center!important}In the end, he came to analyzehimself as one of Asperger's Syndrome patients. Aside from his investigations, he has revenue in contributing. Michael has never opened up about his sexuality in public. The American founded Scion Capital and was successful with his investments. Thomas Jane's Love Life Update! In 2013, Burry reopened his hedge fund,this pointcalled Scion Asset Management, filing reports as an exempt reporting adviser (ERA) who is activewithin thestate of California and approved by the SEC. In early 2020, Burry acquired 3.4 million shares of a video game retailer GameStop. He is the founder of the firm, flexible investments Scion Capital. The Scion Asset Management chief based his prediction on how past crashes have played out. He was first invested in love when he married his first wife of Korean descent. He is a married man but has not disclosed her wifes identity to the public yet. his full real name is Michael James Burry. Portfolio manager(s) are listed as Michael Burry. Dr. Michael Burry and his fund Scion Capital were made famous by the movie "The Big Short," which documented the history and events leading up to his contrarian but hugely successful bet against the real estate market in 2008. He made a few investigations later and brought about benefit for him. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'liverampup_com-box-3','ezslot_8',179,'0','0'])};__ez_fad_position('div-gpt-ad-liverampup_com-box-3-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'liverampup_com-box-3','ezslot_9',179,'0','1'])};__ez_fad_position('div-gpt-ad-liverampup_com-box-3-0_1');.box-3-multi-179{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:7px!important;margin-left:auto!important;margin-right:auto!important;margin-top:7px!important;max-width:100%!important;min-height:50px;padding:0;text-align:center!important}Famous investor Michael Burry has reached on top as one of the sought-after investors. Even though he is a doctor, his essential kind of revenue is from his support ventures. "[12], After shutting down his website in November 2000, Burry started the hedge fund Scion Capital, funded by an inheritance and loans from his family. However, the relationship came down to a bitter turn, leading to their separation. During his payments toward the credit default swaps, Burry suffered an investor revolt, where some investors in his fund worried his predictions were inaccurate and demanded to withdraw their capital. Hence, he founded his ledge fund named Scion Capital LLCin 2000. Michael has a prosthetic eye because he lost his left eye to retinoblastoma at two. Astrid Stawiarz/Getty Images Michael Burry has likely avoided the worst of the ongoing sell-off in stocks. Professional Career In the wake of finishing his investigations, he functioned as a nervous system science inhabitant at Stanford. Michael Burry, the hedge fund manager who predicted the housing . Michael Burry Wife Burry is married, with children, and currently lives in Saratoga, California.His son was diagnosed with Asperger syndrome, and Burry believes he himself has Asperger syndrome after reading about the disorder. Actor Christian Bale depicted Michael Burry real-life character as an investment consultant in the 2015 American biographical comedy-drama film, The Big Short. He is best known for being amongst the first investors to predict and profit from the subprime mortgage crisis that occurred between 2007 and 2010. Moreover, the Scion chief has issued several warnings in Vietnamese. Browse 36 michael burry stock photos and images available, or start a new search to explore more stock photos and images. In 2007, when the market crashed in America, he invested in the subprime mortgage crisis and is often termed as risk avoider. Michael Burry Biography 2023 - American Hedge Fund Manager. He accepts that no book on the planet can instruct you to be an extraordinary speculator. Michael earns money from different sources. More than a decade after his legendary 2008 credit default swap short trade, Burry is now making headlines for his current short position in Tesla (ticker: TSLA ). The S&P 500, widelyconsideredthe benchmark for the US market, returnedslightly below3%, including dividends overan equivalentperiod. Burry received initial funding for Scion Capital from the veteran investor Joel Greenblatt (a fan of Burry's financial blog), and Burry's investing strategy inspires . With their wedlock, they have even children. Burrys research on the values of residentiallandconvinced him that subprime mortgages, especially those with teaser rates,and therefore thebondssupportedthese mortgages, would begin losing value whenthe firstrates were replaced by much higher rates, often in as little as two years after initiation. Well, Michael Burrys age is 51 years old as of todays date 1st March 2023 having been born on 19 June 1971. The next year, 2003, the stock market finally turned around and rose 28.69%, but Burry beat it again, with returns of 50%. And it is notwater is political, and litigious. Michael Burry is an American investor who is known as the founder of Scion Assetfinancial Management, LLC. Search instead in Creative? Burry believes he has Asperger syndrome after reading about the illness. In addition, Burry also made investments in gold, water, Facebook, and Alphabet Inc. Over time, the genius investor has gotten married twice, but what update do wehave on his love as of recent? Regarding his first marriage, Michael stated his former wife's remark on him as such, However, the relationship came down to a bitter turn, leading to their separation. David Beador Wiki, Girlfriend, Dating, Affair, Divorce. from the Vanderbilt University Schoolof drugs,and started butdidntfinish his residency in neurology atStanford Universitycenter.While off dutyin the dark, Burry worked on his hobby, financial investing.Despite not practicing, Burry has kept his license as a physician active with the Medical Board of California, including continuing education requirements. In his first year, the Scion got raised to 55%. Real Name/Full Name What sort of worth does this popular Physician make? The two met on Match.com. Wednesday, March 1, 2023 Burry also started his residency in pathology at Stanford University Medical Center but did not finish. Eventually, Burry's analysis proved correct: He made a personal profit of $100 million and a profit for his remaining investors of more than $700 million. While The Big Short focuses on Michael Burry's bet on the housing crisis, which is what he's most famous for today, Burry was actually an incredibly talented investor before that. Michael Burry, the hedge fund investor who built a massive position in GameStop before it became a meme stock on Reddit and skyrocketed, sold his entire stake in late 2020. As it turns out, when Nicholas was four years old, he showed some. Overall, all thanks to Michael Burry's massive earnings, he can amass multi-millions to his name. Prominent hedge fund boss Michael Burry asserted Wednesday the US economy will inevitably face a far more serious recession than most experts expect.