Fabrice Grinda Net Worth (Updated 2026).
Fabrice Grinda, a name now synonymous with entrepreneurship and success, didn’t always start with a silver spoon. Born in France, he moved to the United States at the age of 16, armed with nothing but ambition and a drive to learn. He began his career in the late 90s, a time when the internet was still in its infancy, working as a software developer for a small startup.
Grinda’s big break came when he co-founded Zingy, a mobile content company, in 2000. He was just 21 years old. Zingy became a pioneer in the mobile content industry, and under Grinda’s leadership, it grew to become one of the largest mobile content providers in the world, with operations in over 40 countries.
**Fabrice Grinda’s Current Net Worth (2025)**
As of 2025, Fabrice Grinda’s net worth is estimated to be around $1.2 billion. This significant figure is a testament to his successful career in the tech industry and his strategic investments.
**Career**
Fabrice Grinda is a French-American entrepreneur and investor, best known as the co-founder of OLX, a global online classifieds marketplace. He served as the CEO of OLX Group from 2006 to 2014, overseeing its expansion into 40 countries. After stepping down, he continued to serve on the board of directors.
**Other Ventures**
In addition to OLX, Grinda has invested in and advised numerous tech startups, including Uber, Airbnb, and Alibaba. He is also a co-founder of Zing, a mobile gaming company, and FJ Labs, a venture capital firm focused on marketplaces and consumer internet.
**Assets**
Grinda’s assets include stakes in various successful tech companies, real estate investments, and a substantial art collection. He is also known for his philanthropic efforts, donating to causes such as education and poverty alleviation through his foundation, the Grinda Foundation.
**Annual Income**
Fabrice Grinda’s annual income is estimated to be around $100 million. This figure is primarily derived from his investments in tech startups and his stake in OLX. However, it’s important to note that this figure can fluctuate due to changes in the stock market and the performance of his investments.
Frequently Asked Questions about Fabrice Grinda
**FAQs about Fabrice Grinda**
1. What is Fabrice Grinda’s net worth?
Fabrice Grinda’s net worth is estimated to be around $1 billion.
2. How did Fabrice Grinda make his money?
Fabrice Grinda made his fortune through various entrepreneurial ventures, most notably as the co-founder of OLX, a classifieds marketplace.
3. What is OLX?
OLX is a global online classifieds platform where users can buy and sell items, find jobs, and more. It operates in over 45 countries.
4. When was OLX founded?
OLX was founded in 2006.
5. Who founded OLX?
OLX was co-founded by Fabrice Grinda and Alec Oxenford.
6. What happened to OLX?
In 2010, OLX was acquired by South African media group Naspers. It continues to operate as a separate entity.
7. What does Fabrice Grinda do now?
After leaving OLX, Fabrice Grinda became a venture capitalist and angel investor. He also co-founded the investment firm FJ Labs.
8. What is FJ Labs?
FJ Labs is an early-stage investment firm that invests in consumer internet and software companies.
9. Where is Fabrice Grinda from?
Fabrice Grinda is from France.
10. What is Fabrice Grinda’s educational background?
Fabrice Grinda holds a Bachelor’s degree in Economics from the École Normale Supérieure in Paris and a Master’s degree in Economics from the Massachusetts Institute of Technology (MIT).
