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Lazaridis, Balsillie make Canada’s “Rich 100 list”

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By Ian Hardy


Canadian Business Magazine has published the annual “Rich 100 list” and once again at the top of the heap was the Thomson Family. They have a combined net worth of $21.34 billion, down 8.7% from last year. The dollar amount in this years list was based on estimated assets as of of July 29, 2011.

Notable members from a telecom/wireless perspective is RIM co-CEO Michael Lazaridis who came in at #51 with a net worth of $1.3 billion. Lazaridis was in 24th spot last year. James Balsillie, co-CEO of RIM, also dramatically dropped 26 place to 56, now with a net worth of $1.11 billion. John Bragg of Bragg Communications popped up in 81st place with $780 million. Finally, both Pierre Karl and Érik Péladeau of Quebecor (Videotron) squeezed in at 99th spot with a net worth of $610 million.

In total there were 62 Canadian billionaires.
Source: CB

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