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how much did michael burry make in 2008

Michael Burry personally made about 100 million dollars , while his fund Scion Capital made roughly 725 million dollars from the trade associated with the 2008 housing crash (profits actually crystallized mostly by mid‑2007, but they are widely linked to “2008” in popular discussion).

Quick Scoop

  • Scion Capital’s mortgage short generated about 725 million dollars in profit for investors.
  • Burry’s personal cut was around 100 million dollars from these trades.
  • The trade was built through credit default swaps (CDS) on subprime mortgage‑backed securities starting around 2005.
  • Most of the gains were effectively realized by 2007 , but the windfall is commonly described as what he “made in 2008” because of the timing of the broader financial crisis and media coverage.

What “in 2008” Really Means

When people ask “how much did Michael Burry make in 2008?” , they are usually referring to:

  • His total haul from the famous “Big Short” trade , not literally only income booked in the calendar year 2008.
  • Public and biographical sources consistently describe the result as about 100 million dollars for Burry personally and 725 million dollars for his investors.

In other words, the number everyone quotes for “2008” is really the payoff from a multi‑year bet that came good right as the global financial crisis unfolded.

Mini timeline

  1. 2005–2006 – Burry structures large CDS positions against subprime mortgage bonds in Scion Capital.
  1. 2007 – As mortgage defaults accelerate, the value of those CDS positions explodes, locking in most of the eventual profit.
  1. 2008 – The crisis is in full swing; the episode becomes legendary, and the winnings are popularly tied to “the 2008 crash,” even though the accounting timing is a bit earlier.

Forum and “latest news” flavor

  • Recent finance explainers and news pieces still repeat the same core figures: 100 million dollars for Burry, 725 million dollars for his investors from the pre‑crisis mortgage short.
  • Online forums sometimes quote higher or rounded numbers (like “700+ million” or “over 700 million” for the fund) but they are talking about the fund‑level gain , not Burry’s personal paycheck.

So, for the purpose of your keyword “how much did Michael Burry make in 2008” :

  • The widely accepted answer is about 100 million dollars personally , and
  • About 725 million dollars in profit for his fund Scion Capital tied to the 2008 housing‑crash trade.

Information gathered from public forums or data available on the internet and portrayed here.