In 2009, he was talked about in journalist Gregory Zuckerman's non-fiction book "The Greatest Trade Ever," which primarily focused on hedge fund manager John Paulson's role in the subprime mortgage crisis. Later, he enrolled at the University of California, Los Angeles, where he studied economics and pre-med. Burry previously mentioned in a tweet, which he later deleted, that Tesla's reliance on regulatory credits to generate profits is a red flag. 10 percent owner M. Kingdon Offshore Master Fund L.p. sale According to Vermont Republic, Michael was born in San Jose, California in June of 1971. Although not without their risks, digital assets like Bitcoin and Ethereum may hold a tremendous instrumental value that isnt yet reflected in their market prices. In 2021, GameStop became a sensation on Reddit threads like r/WallStreetBets. What is Michael Barrymores net worth: Michael Barrymores net worth is estimated to be $15million (11million), according to the website NetWorthPost. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. 3 insider transaction in Quaker Houghton (KWR) with a net GuruFocus tracks the stock performance after each of Michael F Barry's buying transactions within different timeframes. of 6,056 shares made by Dieter Laininger A Division of NBCUniversal. Senior VP Global Operations Lawrence Erwin Schmid Livent also operates downstream lithium hydroxide conversion plants in the United States and China and has a 50% stake in a fully integrated Canadian lithium project. He. Wealth Manager. Although it came a little later, he was close in his timing. WebWhat Is Michael Burrys Net Worth? Over the last 22 years, insiders at Quaker Houghton have traded over $53,659,627 worth of Quaker Houghton stock and bought 4,177,917 units worth $476,940,519 Net Worth $200 Million Ethnicity White Height N/A Education Vanderbilt University The one who doesn't fall is not the winner, but a winner is a person, who Market is putting this one right in your hands, said Burry. Consequently, Burry shorted the market by persuading Goldman Sachs and other big investment firms to sell him credit default swaps against subprime deals that were vulnerable. The geographic segments of the company includes America, EMEA, Asia/Pacific and Global Specialty Businesses. Kelly Arrillaga. By clicking Accept, you consent to the use of ALL the cookies. and Michael Burry is an American physician, investor and hedge fund manager who has a net worth of $300 million. Tied with Smith is Michael Kim, cofounder of Seoul-based private equity firm MBK Partners. But as it was occurring, Burry was warning about the trading. Meanwhile, Musk's electric vehicle venture is facing regulatory scrutiny in China and the U.S. with high-profile vehicle crashes leading to negative publicity and investigations by vehicle safety authorities in both nations. Burry subsequently obtained his M.D. The movie was titled The Big Short and it was nominated for a Golden Globe Award. In addition, he makes $7,192,080 as Chairman of the Board, President, and Chief Executive Officer at Quaker Houghton. However, the value of these options and shares are not owned by him alone, but rather by him and the other controlling partners at Scion. And 2021 saw significant developments in several of those projects in some of the states most prominent municipalities. of 68,035 shares. Burry's Scion Asset Management By clicking Sign up, you agree to receive marketing emails from Insider Its estimated at $200.0 million. Tesla has had a turbulent 2021 amid slumping sales in China in April, and parts shortages that have impeded production both in the U.S. and China. All Rights Reserved. Investors profit from puts when the underlying securities fall in prices. of 88,806 shares. Truthfully, only Dr. Burry himself knows his precise net worth; the rest of us have to rely on rough estimates. Burry began focusing on the subprime market in 2005. She is a talented, internationally renowned, and award-winning actress who has received great acclaim for her, Read More How Jennifer Garner Achieved a Net Worth of $80 MillionContinue, a Melissa Rauch is an American actress who is best known for her appearances on The Big Bang Theory. She played the brainy but slightly geeky Bernadette on the show. purchase Kristin Ashman. GuruFocus.com is not operated by a broker or a dealer. of 1,502 shares made by Gouveia Randall Colin sale According to Love Money, Hes numbered among the most famous hedge-betters including George Soros, John Paulson, and Jim Chanos, who bet on the worst happening and got rich for being right. and The Scion Asset Management chief also built a $10 million stake in Qurate Retail, and established smaller positions in Aerojet Rocketdyne, Charter Communications, Corecivic, and Liberty Latin America. of 3,000 shares made by Peter C Wallace Musk has tens of millions of followers on Twitter. He made his best decisions in 2007 when he bet against the banks netting him a cool $100 million in sheer profits. Famed investor Michael Burry on Monday revealed in a regulatory filing a short position against Tesla worth more than half a billion. Michael F. Barry is Chairman of the Board, President, Chief Executive Officer of Quaker Chemical Corporation. After founding Scion Capital, he managed the assets of high-profile clients such as Vanguard, Joel Greenblatt, and White Mountains Insurance Group. Home Blog Reviews Retirement About Contact Disclaimer, His reputation for generous impressive returns during market downturns made Michael Burry famous for short selling. Enjoyed this article?For exclusive stock picks, investment ideas and CNBC global livestreamSign up forCNBC ProStart yourfree trial now. Michael Burrys net worth is calculated by taking his declared assets and subtracting his known liabilities. The company's low-cost lithium carbonate production comes from brine resources in Argentina. GameStop could pull off perhaps the most consequential and shareholder-friendly buyback in stock market history with elegance and stealth, Burry told the company after disclosing his position. Click here to see the complete history of Michael F Barrys form 4 insider trades. Investment Terms: The fund offers two shares classes: i) 2% management fee and 20% incentive fee for Michael Barry General Counsel $442K on October 15, 2018. His fund has also made large investments in Facebook and Google parent company Alphabet Inc. Credible publications, such as sale [+] Photographer: Tiffany Hagler-Geard/Bloomberg. Some dont like to come away at all,, Read More The 10 Richest People in NevadaContinue. The most recent stock trade was executed by Michael F Barry on 12 April 2023, trading 300 units of KWR stock currently worth $60,021. After the huge success, he closed the fund and turned to a career of personal investment. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. cost of 0 shares. Burry has been written about and depicted in books and on film. WebMichael Burry has a short position against the US Treasury market worth $280 million, according to disclosures first reported by Bloomberg. Above is the net worth, insider trading, and ownership report for Michael F Barry. By the end of 2004, he was managing around $600 million. All investments carry a certain level of risk. Stock quotes provided by InterActive Data. A hedge fund named Melvin Capital, backed by Billionaire Steven A. Cohen of Point72, was the biggest victim, dropping 53% in Januaryaccordingto theWall Street Journal, in part due to a short position in GameStop. ", The Scion boss shot to fame after his billion-dollar wager against the mid-2000s housing bubble was immortalized in the book and movie "The Big Short.". Subsequently, he turned his primary attention to investing in gold, water, and farm land. Please always speak to your financial advisor before making an investment decision. of 3,635 shares made by Gilberto Antoniazzi WebInvestor Dr Michael Burry has a personal net worth of about $300 million. He recovered fully from the frightening event and took an interest in medicine. We welcome all corrections and feedback using the button below. However, the value of these options and shares are not owned by him alone, but rather by him and the other controlling partners at Scion. Michael Burry bolstered his US stock portfolio from one holding to six in the third quarter, a Securities and Exchange Commission filing revealed on Monday. In September 2019,Keith Gill, a 34-year financial advisor in Massachusetts, got into the GameStop trade, paying $53,566.04 to buy 1,000 call options on the company and posting his position to Reddit on Sept. 8, 2019 under the pseudonym u/DeepF__ingValue, which eventually became a sensation with millions of followers. Investor and physician Dr Michael Burry built his fortune by beating the market when the market was beating everyone else. Thats the philosophy behind hedge betting. This capital outlay caused his investors to revolt and demand their money back. At the height of the dot-com bubble, Burry successfully shorted many stocks that he deemed were overvalued by speculative investors. of 3,083 shares made by Robert C Daigle (Learn more). His current estimated net worth is $300 million as of April of 2021. acquisition Burry was eventually correct and his fund ultimately earned $700 million for his investors. Correction: Michael Burry is long puts against 800,100 shares of Tesla, according to a filing with the SEC. Savvy investors would be wise to get in now, before institutional capital piles in in the years to come. Other recent insider transactions involving Quaker Houghton (KWR) include , NJBIZ, New Jerseys leading business journal, provides 24/7 business news coverage and events honoring top business professionals. So famous, in fact, that Burry served as the inspiration for the 2015 film The Big Short, in which he was played by actor Christian Bale. , . and Michael Barry is 61, he's been the Chairman of the Board, President, and Chief Executive Officer of Quaker Houghton since 2009. On average, Quaker Houghton executives and independent directors trade stock every 19 days with the average trade being worth of $4,115,565. If you want to invest like Michael Burry, you need to take chances and capitalize on opportunities as they emerge in the market. Along the way, hes become infamous for his purchases both professionally and personally. a net Unlike many other successful investors, Dr Michael Burry is not a public personality. Instead of billions, however, Burry looks like he may have made about $100 million on GameStop. The lions share of Michael Burrys wealth derives from the SEC filings of Scion Asset Management, the investment firm that he owns. Where others are taking out long positions, he buys put options and starts shorting assets he deems over-hyped. Michael had dabbled in investments and even made it a hobby while at UCLA. . Burrys firm owns over 1.1 million shares worth over $46 million. He seemed to know what to bet on and what not to. Forbes once listed his personal worth at $1.3 billion. Michael Burry of 'The Big Short' is betting against Tesla, Bitcoin falls after Tesla stops accepting the cryptocurrency as payment, The most heavily shorted stocks on Wall Street include three electric vehicle-related names, Shares of this Swedish EV maker could nearly double, Cantor Fitzgerald says. sale Gilberto Antoniazzi, Vice President and CFO, As a teen, Burry went to Santa Teresa High School. Michel continues to do what he loves for a living, and it seems that the money just keeps piling up in his accounts. of 16,000. Burry didnt plan to become an investor, let alone a hedge fund manager. Gurus may be added or dropped from the GuruFocus site at any time. also The multimillionaire investors of tomorrow will do the same, by finding value in emerging assets where others are afraid to go. Savvy investors would be wise to get in now, before institutional capital piles in in the years to come. All net worths are calculated using data drawn from public sources. Its also public knowledge that Michael Burry owns puts on at least 800,000 Tesla (TSLA) shares, which alone are worth approximately $530M. Rogers Corp (ROG) Applied Minerals Inc is an exploration-stage company engaged in the production of halloysite clay and natural iron oxide solutions based in the United States. In summary, during the past 3 months, insiders sold 0 shares of Applied Minerals Inc (AMNL) in total and bought 0 shares, with a net Burry was portrayed by Christian Bale in the 2015 film "The Big Short". 300 shares on April 14, 2023, which Beyond digital currencies, Michael Burry invests in farmland, real estate, and gold according to a 2010 interview with Bloomberg. Michael F Barry made sale purchase The Barry brothers have proven themselves as innovators and pioneers who challenged conventional wisdom and expanded the range of possibilities for how people live, work and interact. Burry is a fearless investor known for speeding down the road less travelled when every other investor is stuck in traffic on the same slow, congested highway. AMZN Michael's mailing address filed with the SEC is 8001 TWIN EAGLES LOOP, , REUNION, FL, 34747. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Livent is a pure-play lithium producer that was formed when FMC spun off its lithium business in October 2018. Mr. Barry owns over 300 units of Quaker Houghton stock worth over $16,820,215 and over the last 20 years he sold KWR stock worth over $19,048,800.