Michael Burry Net Worth: What Is Known and What Remains an Estimate

Michael Burry net worth estimates for 2026 range from about 200 million to 350 million dollars. No confirmed figure exists, since Burry does not publicly disclose personal wealth and is absent from major wealth rankings. The estimate is built from public data points rather than a single verified source.

Michael Burry Net Worth in 2026: The Estimated Range

Public estimates place Burry's net worth between 200 million and 350 million dollars as of 2026. This range appears consistently across financial commentary sites, though none of them point to a regulatory filing or a personal statement confirming the number directly. In practice, once an investor closes a fund and stops filing personal disclosures, tracking their wealth from the outside becomes difficult, and Burry's situation follows that pattern closely.

How the Michael Burry Net Worth Estimate Is Calculated

No single document confirms Burry's total wealth. Outside estimators work backward from a small set of public data points and build an approximate figure from them.

2008 Trading Profits

Burry's subprime mortgage bet through Scion Capital reportedly generated around 100 million dollars for him personally, along with about 700 million dollars for his investors, once the trade closed out in 2007 and 2008.

Scion Asset Management Fee History

Between 2013 and 2025, Burry managed outside capital through Scion Asset Management. A March 2025 SEC filing reported roughly 155 million dollars in assets under management shortly before the fund closed. Fee income from those years likely factors into the overall estimate, though the exact amount earned has not been made public.

Current Options Positions

As reported by Fortune, Scion's final 13F filing, submitted in November 2025 for the quarter ended September 30, disclosed put options against Nvidia and Palantir with a combined notional value near 1.1 billion dollars. That figure describes the size of the position, not the money actually placed at risk. Burry has stated that the premium paid for the Palantir puts alone was closer to 9.2 million dollars, a small fraction of the notional value widely quoted in headlines.

Newsletter Revenue

Since closing Scion, Burry has published Cassandra Unchained, a paid Substack newsletter. Substack's public badge system indicates the publication reached a subscriber tier associated with several million dollars in annual revenue before the platform takes its share, though the exact subscriber count and payment rate have not been confirmed. Reported earnings from newsletters and other independent media ventures vary widely, a pattern also visible in figures such as elmer heinrich net worth.

Source of Wealth	Documentation Status	Approximate Figure
2008 subprime mortgage trade	Widely reported, not officially audited	About 100 million dollars personally
Scion Asset Management fees, 2013 to 2025	Partly documented through SEC filings	Not fully disclosed
Nvidia and Palantir put options, 2025 to 2026	Notional value disclosed, premium partly stated	1.1 billion notional, 9.2 million premium on Palantir puts
Cassandra Unchained newsletter	Subscriber tier publicly indicated	At least a few million dollars annually

Who Is Michael Burry

Burry is a physician who moved into investing and became known for identifying the 2008 housing market collapse before it happened. His approach and the outcome of that trade were documented in Michael Lewis's book The Big Short and the film adaptation of the same name, in which he was portrayed by actor Christian Bale.

Investors who cross over from clinical medicine into finance are uncommon, and profiles of Burry consistently point to that background as part of what shaped his research heavy approach. Public curiosity about the finances of unconventional career changers is not limited to Burry, as reflected in profiles such as simon whistler net worth.

Early Life and Education

Burry was born in 1971 in San Jose, California. Public accounts describe him losing an eye to a childhood illness and wearing a prosthetic since. He studied economics and pre-med at UCLA, earned his medical degree from Vanderbilt University School of Medicine, and began a neurology residency at Stanford University Medical Center before leaving it to focus on investing full time.

How Michael Burry Built His Reported Wealth

Scion Capital and the Early 2000s

Burry founded Scion Capital in 2000 using personal savings and family financial support. The fund posted strong relative returns during the early 2000s market downturn by shorting overvalued technology stocks, a track record that drew institutional attention.

The Subprime Mortgage Bet

Starting around 2005, Burry concluded that mortgage backed securities built on subprime loans were overvalued. He arranged credit default swaps with major banks that would pay out if those securities failed. The position required sustained payments for roughly two years before the housing market turned in 2007, at which point the trade paid out. Financial writing on this period often points to it as an example of a position that looked wrong for a long stretch before it looked right, a pattern that shows up in other contrarian trades as well.

Scion Asset Management and GameStop

Burry relaunched as Scion Asset Management in 2013. Between 2019 and 2020, the fund built a position of around three million GameStop shares at prices averaging near four dollars, and pushed the company's board toward stock buybacks.

Burry reduced the position substantially before GameStop's stock became the center of a retail trading surge in January 2021, so the fund's public filings show a smaller stake than the one associated with that period in media coverage. Reader interest in how entrepreneurs build unconventional fortunes extends across many industries, as seen in coverage of figures such as john clay wolfe net worth.

Michael Burry's Current Activity in 2025 and 2026

Closing Scion Asset Management

According to Bloomberg, Scion returned outside capital to investors in late 2025 and terminated its SEC registration on November 10, 2025, ending the fund's regulatory filing requirements along with it.

The AI Related Put Options

Burry's final 13F filing disclosed put options against Nvidia and Palantir. He has also written about a position tied to Oracle and about accounting practices at companies that extend the useful life of AI hardware on their books, which he has argued understates depreciation costs.

Some of these views were publicly disputed by executives at the companies involved, and as reported by Nasdaq, Palantir's chief executive addressed the short position directly in a televised interview defending the company's results. None of this activity confirms a specific dollar outcome for Burry personally, since options positions can lose value as easily as they can gain it before they expire.

Cassandra Unchained

Burry's newsletter launched in late November 2025 and had grown to more than 300,000 subscribers within about eight months, according to figures reported by outside coverage. It functions as his main channel for publishing trade disclosures and market commentary, and he has described it as his primary professional focus now.

In practice, publishers that reach this kind of subscriber count commonly see a wide range of actual revenue outcomes, since headline subscriber totals mix free and paid readers and rarely translate directly into a specific income figure.

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Is Michael Burry a Billionaire

There is no public evidence supporting a net worth at that level. Even the higher end of published estimates, 350 million dollars, is a small fraction of the amount needed to be classified as a billionaire, and Burry does not appear on the Forbes or Bloomberg wealth rankings that track that category.

Wealth ranking publications generally require verifiable documentation before adding a name to their lists, which is one reason many private investors never appear on them regardless of their actual holdings.

Also Read: mohammed ben sulayem net worth

Conclusion

Burry's career history, past trade outcomes, and current disclosed positions are documented. His exact net worth is not. Public estimates of 200 to 350 million dollars remain approximations built from incomplete information rather than a confirmed figure.

Frequently Asked Questions

What is Michael Burry's net worth in 2026

Estimates place it between 200 million and 350 million dollars. No confirmed figure exists because he does not publicly disclose personal wealth.

How did Michael Burry make his money

Primarily through the 2008 subprime mortgage short, fees from managing Scion Asset Management, and more recently, options trading and newsletter revenue.

Why did Michael Burry shut down Scion Asset Management

He returned outside investor capital in late 2025 and deregistered the fund with the SEC, ending its filing requirements.

What is Michael Burry currently invested in

His last public filing disclosed put options against Nvidia and Palantir, along with commentary on an Oracle related position published through his newsletter.

Does Michael Burry own Bitcoin

There is no public report of him holding Bitcoin. He has publicly and repeatedly criticized it as a speculative asset.