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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
FinanceMichael Burry

Michael Burry of ‘The Big Short’ deletes his Twitter account—again

By
Chris Morris
Chris Morris
Former Contributing Writer
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By
Chris Morris
Chris Morris
Former Contributing Writer
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October 15, 2021, 12:53 PM ET
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Michael Burry, the celebrity investor who rose to fame by being one of the first to profit from the subprime mortgage crisis, has deleted his Twitter account shortly after making a public inquiry about shorting crypto days before Bitcoin hit $60,000.

Burry has been on something of a Twitter tear lately, earlier this week denouncing what he called U.S. class warfare and disputing the argument that the wealthiest 1% don’t pay enough taxes.

As of Friday morning, Twitter says Burry’s account no longer exists. Of course, that’s hardly the first time Burry has erased his social media presence.

In June, for example, Burry deleted his profile after warning about a massive bubble and looming market crash that he said would be the worst in history. He had been on Twitter just a week before that action, after deleting his account in April. (Burry had spent the weeks prior to that also warning about the financial markets being set up for a fall.)

Burry most recently came back in late September, expressing concerns about the rise of passive investing.

Burry’s tweets have gotten him in hot water not only with investors on social media but possibly with the Securities and Exchange Commission as well. “Tweeting and getting in the news lately apparently has caused the SEC to pay us a visit,” the head of Scion Asset Management said in a March tweet, which has (of course) since been deleted.

While his presence on Twitter is akin to a game of whack-a-mole, Burry’s comments are closely watched by the financial community when he does surface, though he does not talk much (if at all) about his own investments.

More finance coverage from Fortune:

  • What’s really behind the 10.5% increase in meat prices this year
  • Crypto, options, margin, REITs: How to tackle the market’s most complex areas
  • Value stocks are unloved, unsexy, and poised to make a killing over the next decade
  • 4 timeless investment tips for young investors
  • What I wish I’d known when I started out: Advice from A-list investors

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning.

About the Author
By Chris MorrisFormer Contributing Writer

Chris Morris is a former contributing writer at Fortune, covering everything from general business news to the video game and theme park industries.

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