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


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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