Name
Reinhold Schmieding
Reinhold Schmieding
Naples, Florida
Bachelor of Arts/Science, Michigan State University
United States
8
medical devices, Self Made
$6,800,000,000
272
#272 Billionaires 2019
#104 Forbes 400 2018
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 12,500 products used in shoulder, hip and other joint surgeries. Schmieding is the son of a dentist and comes from a family of German physicians.
The company logo, an "X" formed by a tiny arthroscope and a grasper, was originally sketched by Schmieding himself. While notoriously press-shy, the founder likes to keep his legacy intact; he's kept his $50 drafting table where he drafted his first operating instruments.
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