R einhold Schmieding is a self-made American billionaire who is the founder and CEO of Arthrex, a global leader in the field of orthopedic medical devices. He founded the company in 1981 in Germany, and later moved it to Naples, Florida. He has since built Arthrex into a massive and highly innovative private company that has pioneered the field of arthroscopy, a type of minimally invasive surgery for joints.

Arthrex develops and manufactures thousands of products for orthopedic surgery, including surgical instruments and implants for procedures on shoulders, knees, and other joints. The company has a reputation for its strong focus on product innovation and for its extensive surgeon education programs. Schmieding has remained the sole owner of the highly profitable company, which has made him one of the wealthiest people in the medical device industry. He is known for his low-profile and for his commitment to keeping his company privately held.