Michael Burry Net Worth 2008 and Current Figures
Michael Burry's net worth reached an estimated peak around 2008 after his Scion Capital fund generated outsized returns by betting against subprime mortgages. Public filings and Forbes estimates place his current net worth in the low billions, with most of his wealth tied to equity holdings and investment gains rather than cash. The exact figure fluctuates with market moves, but his 2008 performance remains the central anchor for any Michael Burry net worth 2008 timeline. You can follow his latest 13F filings for updated position sizes and approximate wealth impact.
Burry's wealth trajectory shows a sharp rise during the 2007-2008 financial crisis, followed by a drawdown as Scion Capital closed and returned capital to investors. After closing Scion, he rebuilt wealth through personal investing and later through his firm Scion Asset Management. His public disclosures and investment letters provide the clearest window into how his net worth has evolved since 2008.
Scion Capital, the Big Short Trade, and 2008 Returns
Scion Capital, Burry's hedge fund, delivered cumulative returns of more than 400 percent from inception through 2008 by shorting subprime mortgage-backed securities. The fund's flagship Scion Capital II fund returned roughly 100 percent in 2008 alone, according to institutional investor reports and fund disclosures. This performance cemented Burry's reputation as the real-life inspiration behind Michael Burry in The Big Short, a film that later amplified public interest in his net worth and strategy.
Burry's 2008 returns came from deep fundamental analysis and a contrarian bet that housing prices would fall, a move that required him to hold the position despite heavy shorting pressure and liquidity strain. He later closed Scion Capital and returned capital to investors, citing the difficulty of maintaining the fund's edge and the psychological toll of the trade. The closure marked the end of the Scion era but set the stage for his later public investments.
Post-Scion Investments, Tesla Stake, and Current Holdings
After closing Scion, Burry shifted to personal and family-office investing, with a high-profile stake in Tesla becoming a defining feature of his later portfolio. His Tesla position, disclosed in SEC filings and reported by financial media, has been a major driver of his net worth in the years after 2008. He has also publicly criticized Tesla's valuation and management, creating a contrast between his returns and his public commentary.
Burry's current portfolio, visible through regular SEC Form 13F filings, includes concentrated positions in healthcare and technology names alongside his Tesla shares. His investment letters and public statements continue to focus on value investing, contrarian bets, and skepticism toward market bubbles, themes that trace directly back to his 2008 success. For the latest position details and net worth estimates, investors can monitor his filings and the financial news outlets that cover his moves.