View Single Post
Old 09-23-2013, 02:13 PM   #38
Erick Estrada
Franchise Player
 
Erick Estrada's Avatar
 
Join Date: Oct 2006
Location: San Fernando Valley
Exp:
Default

Quote:
Originally Posted by TurnedTheCorner View Post
$800M or so net worth according to wiki, but that was in 2011. So yeah, nowhere near that much I'd wager.
http://www.celebritynetworth.com/art...-fortune-year/

Quote:
Along the way, co-founders and former co-CEOs Jim Balsillie and Michael Lazaridis have experienced a heartbreaking drop in their net worths. Balsillie and Lazaridis own 26 million and 30 million shares which at the peak were worth $3.7 billion and $4.3 billion, respectively. Four years later, at $7 a share, Jim Balsillie's net worth has dropped $3.52 billion to $182 million.
If that's true then he wouldn't even be able to cover the cost of purchasing a team let alone maintain and operate it.
Erick Estrada is offline   Reply With Quote