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 $2.6 billion; Schmieding owns more than 90% of the company.

Schmieding is the son of German immigrants and his father is a dentist.