Editor’s note: The original August 2022 version of this article was lost. The Lee Daily Register rebuilt it in October 2026 from the sources cited below, and added what happened afterward. The original version put Michael Burry’s net worth at $300 million. We found no credible source for that figure and removed it. It also said the housing bubble burst in late 2020 and that Burry owned a significant stake in ARK Investment Management; neither claim was supported, and both have been removed.
Michael Burry’s personal fortune is not a matter of public record. What is public is a quarterly snapshot of his fund’s U.S. stock holdings, filed with the Securities and Exchange Commission.
Burry became famous for betting against mortgage securities before the 2008 financial crisis. He was portrayed in Michael Lewis’ book “The Big Short” and the Oscar-winning film adaptation, CNBC has reported.
Two funds, two decades of filings
His first firm, Scion Capital LLC of Cupertino, California, filed reports with the SEC from 2002 until early 2009, according to the agency’s EDGAR database. He now runs Scion Asset Management, based in Saratoga, California, which has filed quarterly holdings reports, known as 13F forms, since 2016.
What the latest filing shows
Scion’s most recent 13F, filed May 16 and covering holdings as of March 31, listed 12 positions with a reported value of about $201.4 million, according to the filing.
The largest single entry was a put option, a bet that a stock will fall, on 206,000 shares of Apple, listed at about $36 million. The stock positions included:
- 300,000 shares of Bristol-Myers Squibb, about $21.9 million
- 8,000 shares of Booking Holdings, about $18.8 million
- 750,000 Series C shares of Discovery, about $18.7 million
- 6,500 Class A shares of Alphabet, about $18.1 million
- 75,000 shares of Cigna and 80,000 shares of Meta Platforms, about $18 million each
Smaller stakes in Ovintiv, Nexstar Media Group, Stellantis, Global Payments and Sportsman’s Warehouse made up the rest.
Why that is not his net worth
A 13F lists a fund’s reportable holdings as of the last day of a quarter; the May filing, for example, covers March 31. It describes the fund’s portfolio, not the manager’s personal assets, and it does not show everything the fund does. CNBC has noted that Burry could hold short positions or other derivatives that would not appear in these reports.
Forbes has no profile or wealth estimate for Burry, and we did not find an estimate from any other major financial publication. The numbers on celebrity net worth websites, including the one this site originally published, cite no verifiable source.
Burry has been publicly pessimistic about markets this year, CNBC reported. In May, he compared conditions to 2008 and said it was like “watching a plane crash.”
What happened next
Scion’s next 13F, filed Aug. 15, 2022, showed it had sold every stock on the earlier list and exited the Apple put. The only holding left was 501,360 shares of prison operator GEO Group, worth about $3.3 million, according to the filing and CNBC.
In November 2025, Scion’s filing for the third quarter listed put options tied to 5 million Palantir shares and 1 million Nvidia shares, along with calls on Pfizer and Halliburton, according to the filing.
Days later, Scion’s registration with the SEC was terminated, effective Nov. 10, 2025. Burry posted that he was moving on to better things, Bloomberg Law reported. The fund had about $155 million in assets as of March 2025, Reuters reported in a story carried by Business Standard.
