Reinhold Schmieding Net Worth

How much is Reinhold Schmieding Worth?

in Richest BusinessmenRichest Billionaires
Reinhold Schmieding net worth:
$3.5 Billion

Reinhold Schmieding Net Worth: Reinhold Schmieding is an American businessman who has a net worth of $3.5 billion. Mr. Schmieding entered the billionaire rankings earlier this year on the back of the strong performance of his orthopedic medical device company, Arthrex. The Naples-based company, which generates $1.4 billion (revenues), is said to make 7,500 products for shoulder, knee and other joint operations. Even though the son of a dentist, he didn't go to medical school (as he was expected), but instead turned his focus to engineering and business. Shortly after he got the idea to produce tools for the growing field of minimally invasive arthroscopic surgery, he bought a $50 drafting table and started sketching the tools at night. Today, he is the majority shareholder in the privately-held company that manufactures 94% of its products in the States.

Reinhold Schmieding Net Worth

Reinhold Schmieding

All net worths are calculated by applying a proprietary algorithm. The results are then fact checked and confirmed by a team of editors. We scan all publicly available data and resources and work diligently to ensure that our numbers are the most accurate and up to date net worth data you will find anywhere on the internet.
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