Pinckaers

Rank #947

BELGIUM•Technology•Software

Fabien Pinckaers

Net Worth

$4.516B

0% (24h)

Fabien Pinckaers, a self-made Belgian billionaire, is the founder and CEO of Odoo, a leading provider of open-source business management software. Born in 1979, Pinckaers developed a passion for technology early in life, building his first business management software at age 13. He founded Odoo (originally TinyERP) in 2005 while a student, driven by the desire to simplify business operations. His leadership has transformed Odoo into a global technology company with over 13 million users and a valuation of over $5 billion. Pinckaers' career is marked by a focus on product, user-friendliness, and a unique leadership style promoting radical autonomy and a culture of continuous evolution. He is known for his commitment to the open-source model, which has made Odoo a popular choice, especially in emerging markets.

The Full Dossier

Early Life

Fabien Pinckaers was born in Ottignies, Belgium, on May 4, 1979. He showed an early aptitude for technology and business. At the age of 13, he developed and sold his first business management software. He pursued his education at the Université catholique de Louvain, where he earned a Master's degree in Computer Science.

Rise to Success

Pinckaers founded TinyERP in 2002 while still a student. The company later became OpenERP and finally Odoo. From the beginning, he focused on providing affordable, easy-to-use, open-source business software. His vision was to create a comprehensive, integrated business management solution that would empower businesses to grow. Under his leadership, Odoo grew rapidly, expanding its global presence and user base. Odoo reported revenue of 426 million euros in 2024.

Key Business Strategies

Pinckaers' approach is characterized by a strong product focus, prioritizing accessibility, efficiency, and simplicity. He emphasizes a flat organizational structure, promoting autonomy, and empowering his employees. Odoo’s success is also attributed to its open-source model, which allows users to customize software, fostering a strong community, and driving innovation. Another key element is the commitment to hiring young talent and investing in their development.

Philanthropy

While specific details on Fabien Pinckaers' philanthropy are not readily available, his company, Odoo, is known for its commitment to education and providing accessible tools for businesses, particularly in emerging markets.

Career Timeline

2021

Entreprise de l'Année

Odoo became the first Walloon company to achieve unicorn status and received the award for Company of the Year.

2020

Manager de l'Année

Awarded Manager of the Year in Belgium

2014

Company Renamed Odoo

The company rebranded to Odoo to differentiate itself from the term "ERP"

2012

Deloitte Technology Fast50 Benelux award

Odoo received a Deloitte award for rapid growth in Belgium.

2009

Name changed to OpenERP

The company rebranded to OpenERP to better represent its expanded capabilities.

2002

Founded TinyERP

Started his first company while still a student at Université catholique de Louvain, which later became Odoo.

Philanthropic Impact

EducationNot Available

Education and Business Tools

Odoo's commitment to making business tools accessible to businesses, particularly in emerging markets. He also encourages the learning of programming for young students.