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Reinhold Schmieding

Reinhold Schmieding

Reinhold Schmieding (#722)

Global Rank #722
Country Rank #302
Country United States

Reinhold Schmieding is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 6 B
  • Medical devices
  • United States
  • M
  • 71 Years

Snapshot

Quick Facts

Global Rank #722
Country Rank #302
Net Worth $5.8B
Previous Worth $5.8B
Worth Change +$0.0B
Country United States
Industry Medical devices
Age 71 Years
Gender M
Worth As Of May 4, 2026
Last Refreshed 10 Sep 2026, 12:00 AM
Residence Naples, Florida
World Billionaires List United States Billionaires Medical devices

Profile Data

Personal Stats

Age 71
Source Of Wealth Medical devices, Self Made
Self Made Score 8
Philanthropy Score 1
Residence Naples, Florida
Citizenship United States
Marital Status Married
Children 2
Education Bachelor of Arts/Science, Michigan State University
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $5.8B
Current Net Worth $5.8B

Worth as of May 4, 2026

About Me

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 an estimated 95% 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 designed his first operating instruments.

Insights

Did You Know?

The company logo, an "X" formed by a tiny arthroscope and a grasper, was originally sketched by Schmieding.

Schmieding is an avid fisherman, and was recruited to Michigan State to play golf.

Wealth Growth

Net Worth Growth Over Time

Tracking Reinhold Schmieding's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $5.8B (May 4, 2026)

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