Reinhold Schmieding

$5.23 B

Ranked #788 in World

About Reinhold Schmieding

Michigan-native and entrepreneur Reinhold D. Schmieding, born in 1955/56 to German immigrant parents, is widely recognized in the global medical device industry. After studying at Michigan State University and joining Delta Chi, he founded Arthroscopy Excision Instruments Inc. with $60,000 from his savings in 1981, later rebranding it Arthrex Inc. Now based in Naples, Florida, Arthrex has expanded to over 90 countries and employs upwards of 2000 people. Honored with an honorary doctorate in 2018, Schmieding maintains a balanced personal life, married with two children.

Born

January 03, 1955 in Michigan, U.S.

Age

71 years

Source Of Wealth

Medical Devices

Industries

Healthcare

Citizenship

United States

Residence

Naples, Florida

Education

Bachelor of Arts/Science, Michigan State University

Children

Reinhold D. Schmieding was born in 1955 or 1956 in Michigan, USA. His father was a dentist, and his parents had emigrated from Germany. Schmieding studied at Michigan State University from 1973 to 1977 and was a member of the Delta Chi fraternity.

Reinhold Schmieding: Family

Schmieding is married and has two adult children. He currently resides in Naples, Florida.

Reinhold Schmieding: Career Highlights

After graduating from college, Schmieding worked for Med Tech International in Westport, Connecticut from 1981 to 1985. In 1981, he founded Arthroscopy Excision Instruments Inc. with an initial investment of $60,000 from his personal savings. The company was later renamed Arthrex Inc. and grew from just two employees to over 2,000. In 2015, Arthrex was listed at number 94 on Fortune's 100 Best Companies to Work For. Schmieding also received an honorary doctorate from Florida Gulf Coast University in 2018.

Reinhold Schmieding: Companies

Schmieding founded Arthrex Inc. in 1981. The company distributes its products to over 90 countries worldwide and has subsidiaries in Germany, Austria, Belgium, England, and France. Arthrex is headquartered in Naples, Florida.

Reinhold Schmieding: Major Achievements

Schmieding's major achievements include founding and growing Arthrex Inc. into a successful global medical device company. He has also been recognized for his contributions to the field of arthroscopy and for his philanthropic work.

Reinhold Schmieding: Awards & Achievements

Schmieding has received numerous awards and recognitions for his work, including the Ernst & Young Entrepreneur of the Year Award in 2003, the Horatio Alger Award in 2005, and the Ellis Island Medal of Honor in 2010. He was also inducted into the Michigan State University Alumni Hall of Fame in 2012.

Reinhold Schmieding: Personal Life & Legacy

Schmieding is married with two adult children and resides in Naples, Florida. He is known for his philanthropy and has donated millions of dollars to various charitable organizations. Schmieding's legacy is one of innovation, entrepreneurship, and giving back to the community.

Reinhold Schmieding: Trivia

Schmieding is an avid golfer and pilot.

He also enjoys spending time with his family and traveling.

Wealth History

Timeline

1955/56

Reinhold D. Schmieding was born in Michigan, USA.

1973-1977

Schmieding studied at Michigan State University.

1981

Schmieding founded Arthroscopy Excision Instruments Inc.

1981-1985

Schmieding worked for Med Tech International in Westport, Connecticut.

1991

Arthrex headquarters moved to Naples, Florida.

2015

Arthrex was listed at number 94 on Fortune's 100 Best Companies to Work For.

2018

Schmieding received an honorary doctorate from Florida Gulf Coast University.

Reinhold Schmieding : FAQs

What is Reinhold Schmieding's current net worth?

Reinhold Schmieding's current net worth is $5.23 billion.

What is Reinhold Schmieding's current global rank among billionaires?

Reinhold Schmieding holds the 788th position globally among billionaires.

What is Reinhold Schmieding's current ranking within the United States?

Reinhold Schmieding holds the 294th position in United States.

What was the change in Reinhold Schmieding's net worth compared to the previous year?

Reinhold Schmieding's net worth decreased by 709.62 million dollars compared to the previous year 2025, when his net worth was 5.94 billion dollars.

What are Reinhold Schmieding's main sources of wealth?

Reinhold Schmieding's main source of income comes from Medical Devices.

In which industry does Reinhold Schmieding primarily operate?

Reinhold Schmieding is primarily involved in the Healthcare industry.

What is Reinhold Schmieding educational background?

Reinhold Schmieding holds a Bachelor of Arts/Science from Michigan State University.

How old is Reinhold Schmieding?

Reinhold Schmieding is 71 years old.

How many children does Reinhold Schmieding have?

Reinhold Schmieding has 2 children.

Who is Reinhold D. Schmieding and where was he born?

Reinhold D. Schmieding is the founder of Arthrex Inc., a medical device company. He was born in 1955/56 in Michigan, USA.

What are some key points in Reinhold D. Schmieding's early education and fraternity affiliation?

Schmieding studied at Michigan State University from 1973 to 1977 and was a member of the Delta Chi fraternity during his time there.

When did Reinhold D. Schmieding found Arthroscopy Excision Instruments Inc., and what is the company known as today?

Reinhold D. Schmieding founded Arthroscopy Excision Instruments Inc. in 1981 with an initial investment of $60,000 and later renamed it to Arthrex Inc.

Can you provide information on Arthrex Inc.'s global presence and workforce growth?

Arthrex Inc. distributes products to over 90 countries, has subsidiaries in several European countries, and its workforce has grown from 2 employees to over 2000 since its inception.

What are some personal details about Reinhold D. Schmieding's life and recognitions?

Reinhold D. Schmieding is married with two adult children, resides in Naples, Florida, and received an honorary doctorate from Florida Gulf Coast University in 2018.