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James Laurence Balsillie (born February 3, 1961) is a Canadian businessman and philanthropist. He was the former chair and co-chief executive officer of the Canadian technology company Research In Motion , which at its 2011 peak made US$19.9 billion (equivalent to $26.6 billion in 2023) in annual sales. [2]
The richest Canadian to have ever lived is believed to be Herbert Samuel Holt, president of 27 corporations (including Royal Bank of Canada and Montreal Light, Heat & Power), and a director of 250 companies worldwide, who had an estimated net worth of CA$3 billion in 1928 (equivalent to $51.8 billion in 2023).
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In November 2009, Canadian Business ranked Lazaridis as the 11th wealthiest Canadian, with an estimated net worth of CA$2.9 billion (equivalent to $4 billion in 2023). [ 3 ] Lazaridis served in various positions including co-chairman and co-CEO of BlackBerry from 1984 to 2012 and Board Vice Chair and Chair of the Innovation Committee from 2012 ...
What is interesting is that its former co-CEO Jim Balsillie is no longer a shareholder. A Schedule 13G filing with the SEC on. Skip to main content. Finance. 24/7 help. For premium support please ...
Canadian Business estimated Fregin's net worth to be $1.72 billion in November 2007. [citation needed] Fregin sold all his stock in Research In Motion around the same time Apple released the first iPhone. [14] In response to strategic changes at BlackBerry, Fregin and Lazaridis established Quantum Valley Investments, a venture fund, in March ...
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On January 22, 2012, Mike Lazaridis and Jim Balsillie resigned as the CEOs of the company, handing the reins over to executive Thorsten Heins. [50] On March 29, 2012, the company reported its first net loss in years. [ 51 ]