Reinhold Schmieding

$6.97B

as of 07/05/24

About Reinhold Schmieding

Michigan native Reinhold Schmieding started Arthrex, an orthopedic surgical tools company, in 1981 in Munich, Germany.

Arthrex is now headquartered in Naples, Florida and has developed over 13,000 products used in shoulder, hip and other orthopedic surgeries.

Privately-held Arthrex has estimated revenues of $3.2 billion; Schmieding owns more than 90% of the company.

Schmieding is the son of German immigrants who moved to the U.S. just before he was born. His father, a dentist, wanted him to be a doctor.

The notoriously press-shy founder has kept his $50 drafting table where he drafted his first operating instruments.

Personal stats

Citizenship

United States of America

Source of wealth

Medical devices

Residence

Naples, Florida

Marital status

Married

Birth date

01/03/55 (age 69)

Number of children

Education

Bachelor of Arts/Science, Michigan State University

Self-made

self-made