Former BlackBerry CEO Jim Balsillie Returns to List of Richest Canadians

Posted by Knowlton Thomas

In the midst of BlackBerry's extensive turmoil, former co-CEOs Jim Balsillie and Mike Lazaridis were last year kicked out of the billionaire's club and no longer counted among Canada's 100 richest people.

Lazaridis is still on the outside looking in, but Balsillie this year returned to the list, which is compiled by Canadian Business magazine annually. While Balsillie is still not a billionaire, the 52-year-old's net worth of $731 million—up 12% from last year after selling his entire stake in BlackBerry—allowed him to rank 98th on this year's list of 100 wealthiest Canadians.

 

SEE ALSO: Man Spends Two Years Writing 260-page Biography on BlackBerry Keyboard

 

However, his wealth is still less than half of what it was at BlackBerry's peak, when both Balsille and Lazaridis were worth close to $2 billion each.

Company:
BlackBerry
Website:
http://www.blackberry.com
Location:
Waterloo, Ontario, Canada

Research In Motion (RIM), a global leader in wireless innovation, revolutionized the mobile industry with the introduction of the BlackBerry® solution in 1999. BlackBerry products and services are used by millions of customers around the world to stay connected to the people and content that matter most throughout their day. The BlackBerry product line includes the BlackBerry® PlayBook™ tablet, the award-winning... more


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Knowlton Thomas

Knowlton Thomas

Knowlton is the managing editor of Techvibes. Based in Vancouver, Knowlton has been published in national publications and has also appeared on television and radio. Previously he was an editor for New Westminster weekly The Other Press and served on its board of directors. When not working, Knowlton enjoys playing tennis or otherwise enjoying the outdoors. more



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