James Balsillie Net Worth – $800 Million

What is James Balsillie’s net worth?

The latest net worth of James Balsillie is projected to be over $800 Million as of October 2022.

Net Worth:

$800 Million

Age:

61

Born:

February 3, 1961

Gender:

Male

Height:

1.71 m (5 ft 7 in)

Country of Origin:

Canada

Source of Wealth:

Entrepreneur

Last Updated:

October 31, 2022

Who is James Balsillie? What is his Profession and Nationality?

A businessman and philanthropist, James Balsillie. Balsillie served as Research In Motion’s co-CEO and former CEO.

He has assumed a number of roles in Canadian business and culture since he left Blackberry in 2012. The Balsillie School of International Affairs was founded by him.

James Balsillie’s net worth is projected to be over $800 Million as of October 2022.

What is the full name of James Balsillie? Which was his college?

On February 3, 1961, James Laurence Balsillie was born in Seaforth, Ontario.

In 1984, Balsillie graduated with a Bachelor of Commerce from Trinity College.

He belonged to the prestigious Zeta Psi fraternity in college. He graduated from Harvard Business School with an MBA in 1989.

Professional Career of James Balsillie

Apple released the first touchscreen smartphone in 2007.

Steve Ballmer rejected the notion. Barack Obama, a previous president, demonstrated his devotion to his BlackBerry. BlackBerry wouldn’t release a touch-screen smartphone until after Balsillie left the boardroom.

In the same year, Balsillie gave up his post as RIM chairman. He kept his positions as director and co-chief executive. The positions of Chairman and CEO have been divided, according to current best practices in corporate governance, RIM declared on May 17 of the same year.

RIM made the announcement that Balsillie would leave the Board of Directors in 2012. After that, due to strategic disagreements with Thorsten Heins, the new CEO and chairman of RIM, he resigned from the board.

One source attributed BlackBerry’s decline from 2010 to 2013 to “managerial stalemate” and declining product quality.

James Balsillie’s net worth is projected to be over $800 Million as of October 2022.

How Does James Balsillie Spend His Money?

James Balsillie’s Donations

He gave $50 million to the Centre for International Governance Innovation, Wilfrid Laurier University, and the University of Waterloo in 2007.

Company Highlights | Who is the CEO of Blackberry Company?

Here are some of James Balsillie’s greatest professional high points:

  • Former Chair and co-CEO of Research In Motion (Blackberry)

What are the famous quotes by James Balsillie?

“There may be 300,000 apps for the iPhone and iPad, but the only app you really need is the browser. You don’t need an app for the web … You don’t need to go through some kind of SDK and you can use your web tools … And you can publish your apps to the BlackBerry without writing any native code.” – Jim Balsillie

“No other technology company other than Apple has successfully transitioned their platform. It’s almost never done, and it’s way harder than you realise. This transition is where tech companies go to die.” – James Balsillie

“Innovation is a very specific thing: the commercialization of ideas across all industries and sectors. It’s a technical, specific, agreed-upon economic definition. And we’ve had so much punditry and posturing by people in this country that they’ve taken what is a very specific, technical and surgical concept and made it broad and general.” – James Balsillie 

“Sure. In the United States, there are 1,100 standards for silicon. Now each standard embodies IP. If your IP is picked as a standard, you have a lottery ticket. Your competitors have to pay you. Well, Canada has not really participated in these forums, that I know of, in the past 10 years.” – James Balsillie 

“Yes, and the people who say that are the keepers of the 19th- and 20th-century orthodoxies. When RIM was part of the Rockstar Consortium to buy Nortel’s patents, there were three o’clock in the morning phone calls to the U.S. Department of Justice, which was setting the rules for how the buyer had to avail those patents to the rest of the market.” – James Balsillie 

3 Amazing Lessons from James Balsillie

Now that you are fully informed on James Balsillie’s net worth and his path to success, let’s look at some of the most valuable lessons we can draw from him:

1. Concentrate

You must pay close attention to what is significant, lasting, and genuine.

2. Technology Items

According to Balsillie, consumers do not choose technology goods based on the personalities of the creators.

3. Check Your Facts

Always be certain of the subject at hand. Have accurate information.

Questions and Answers

What is the net worth of James Balsillie?

The estimated net worth of James Balsillie is $800 million.

What is James Balsillie’s age?

James Balsillie, who turned 61 years old on February 3, 1961, was born.

What is James Balsillie’s height?

James Balsillie is 5 feet 7 inches tall, or 1.71 meters.

Summary

The majority of James Balsillie’s wealth came from his position as co-CEO of the Canadian company Research In Motion, according to the businessman from Canada.

He was reared in Peterborough after being born in Ontario. Balsillie is known as an athlete and a fervent fitness promoter and has won many admirers with his work.

James Balsillie’s net worth is projected to be over $800 Million as of October 2022.