how much did michael burry make
Michael Burry personally made on the order of about 100 million dollars from his famous bet against the U.S. housing market during the 2008 financial crisis, while his investors made roughly 700â800 million dollars in profits.
Below is a fuller, article-style breakdown tailored to your post structure.
How Much Did Michael Burry Make?
Quick Scoop
- Burryâs own profit from the âBig Shortâ is widely estimated at around 100 million dollars.
- Investors in his fund (Scion Capital) collectively made hundreds of millions , often cited around 700â800 million dollars from the housing-market short.
- His net worth in recent years is generally estimated at 300+ million dollars , not in the billionaire range.
In simple terms: Burry didnât walk away a billionaire from 2008, but he did become extremely wealthy and even more influential in markets.
What Did He Actually Make in 2008?
Public sources and later reporting converge on a ballpark number rather than a precise official figure.
- Multiple financial and news write-ups state Burry personally earned roughly 100 million dollars from his credit default swap trades against mortgage-backed securities.
- Scion Capitalâs investors reportedly made about 700 million dollars or more from those same trades.
Because hedge fund compensation structures usually involve management and performance fees, that profit to investors translated into a very large but not majority share for Burry himself.
Why Didnât He Make âBillionsâ?
On forums and finance discussion boards, people often ask why his personal take wasnât measured in billions.
Key reasons:
- He managed other peopleâs money (OPM):
- Most of the profit went to limited partners, not to Burry personally.
- Hedge fund fee structure:
- Commonly â2 and 20â (around 2% management fee, ~20% of profits).
- Even a huge win mostly flows to investors, with a slice (though a large one) to the manager.
- Fund size at the time:
- Scion was successful but not a mega-fund managing tens of billions, so the dollar amounts, while huge, were capped by assets under management.
An example way to think of it (illustrative, not exact):
If a fund makes 700 million dollars for clients and charges ~20% performance
fee, the managerâs share might be around 140 million before expenses and
taxes. That lines up with the often-quoted ~100 million personal profit
range.
Current Net Worth and Later Earnings
After the Big Short era, Burry closed Scion Capital and later restarted under Scion Asset Management.
- A portfolio-tracking site and public commentary describe his net worth as âover 300 million dollars,â but not a billionaire.
- His wealth today is a mix of:
- Big Short-era gains.
- Later investment performance at Scion Asset Management.
* Personal capital compounding over time.
This aligns with the idea that 2008 was a massive boost but not the only source of his wealth.
Recent âBig Shortsâ and 2026 Context
Even in 2025â2026, Burry is still taking high-profile contrarian positions:
- He has been shorting major tech and AI-linked names , including Palantir, Oracle, and Nvidia via put options.
- One recent report notes a put position on Palantir of about 912 million dollars notional , which was up roughly 35% since he entered in Q3 2025, translating to substantial (but not yet fully realized) profits on that trade.
These positions are potentially very lucrative but depend on how long he holds them, how he sizes them, and whether he closes them in profit. Public filings give notional exposure and rough gains, but not a clean, âhe made X dollars personallyâ number.
Mini FAQ: âHow Much Did Michael Burry Make?â (Phrase Focus)
Hereâs the direct answer to the phrase youâre targeting: âhow much did michael burry makeâ from the Big Short.
- From the 2008 housing short:
- Around 100 million dollars personally.
* **Roughly 700â800 million dollars for his investors.**
- From markets overall (lifetime):
- Not precisely knowable from public data, but his net worth and continued management of sizable portfolios suggest many hundreds of millions in cumulative gains.
- Is he a billionaire?
- No, most recent public estimates say 300+ million dollars, not a billionaire.
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TL;DR
Michael Burry is believed to have made around 100 million dollars personally from his legendary 2008 housing-market short, while his investors made hundreds of millions (about 700â800 million dollars) , and his current net worth is generally pegged at 300+ million dollars rather than in the billions.
Information gathered from public forums or data available on the internet and portrayed here.