James Leininger Net Worth

James Leininger Net Worth and Salary

James Leininger is an American businessman, entrepreneur, and philanthropist who has a net worth of $1.1 billion, according to Forbes. Leininger’s fortune comes from his involvement in the healthcare industry. He was the founder and CEO of Kinetic Concepts, a medical technology company that specialized in wound care. He sold the company in 2011 for $6.3 billion.

Early Life and Education

James Leininger was born on February 15, 1947, in Joliet, Illinois. He grew up in a Catholic family and attended Catholic schools throughout his childhood. He graduated from the University of Illinois with a degree in electrical engineering in 1969 and then went on to receive a master’s degree in electrical engineering from Southern Methodist University in 1971.

Career

Leininger started his career as an electrical engineer but eventually moved into the healthcare industry. In 1982, he founded Kinetic Concepts, which developed innovative products for the treatment of chronic wounds. The company became very successful and was eventually sold for over $6 billion.

After selling Kinetic Concepts, Leininger started a new venture called Remeditex Ventures. The company invests in new biotech startups that focus on developing innovative medical treatments. In addition to his work in the healthcare industry, Leininger has also been involved in politics. He has donated millions of dollars to Republican candidates and causes over the years.

Personal Life

Leininger is married to Cecilia Leininger, and they have three children together. The family currently resides in San Antonio, Texas. In addition to his work in the healthcare industry and politics, Leininger is also an active philanthropist. He has donated millions of dollars to various charities and causes over the years, including education, healthcare, and disaster relief efforts.

Illness and Death

James Leininger is still alive and well.

Real Estate

Leininger and his wife own multiple homes across the country, including a mansion in San Antonio and a beachfront property in California.

Legacy

James Leininger will likely be remembered for his contributions to the healthcare industry and for his philanthropy. He has had a significant impact on the field of wound care, and his investments in biotech startups could lead to innovative new medical treatments in the future.

FAQs

How did James Leininger make his fortune?

James Leininger made his fortune in the healthcare industry. He founded Kinetic Concepts, a medical technology company that specialized in wound care, and sold the company in 2011 for over $6 billion.

What is James Leininger’s net worth?

James Leininger has a net worth of $1.1 billion, according to Forbes.

What is James Leininger’s current occupation?

James Leininger is currently involved in philanthropy and investing in biotech startups through his company, Remeditex Ventures.

What political causes has James Leininger supported?

James Leininger is a Republican and has donated millions of dollars to Republican candidates and causes over the years.

What charities has James Leininger donated to?

James Leininger has donated millions of dollars to various charities and causes over the years, including education, healthcare, and disaster relief efforts.

Where does James Leininger live?

James Leininger and his wife reside in San Antonio, Texas, but also own multiple homes across the country, including a beachfront property in California.

What impact has James Leininger had on the healthcare industry?

James Leininger founded Kinetic Concepts, a medical technology company that specialized in wound care. The company was very successful and had a significant impact on the field of wound care.

What is Remeditex Ventures?

Remeditex Ventures is a company founded by James Leininger that invests in biotech startups that focus on developing innovative medical treatments.

What is James Leininger’s educational background?

James Leininger received a degree in electrical engineering from the University of Illinois and a master’s degree in electrical engineering from Southern Methodist University.

How has James Leininger been involved in politics?

James Leininger is a Republican and has donated millions of dollars to Republican candidates and causes over the years.

What is James Leininger’s involvement in philanthropy?

James Leininger is an active philanthropist and has donated millions of dollars to various charities and causes over the years, including education, healthcare, and disaster relief efforts.

How many children does James Leininger have?

James Leininger has three children.

What is the focus of James Leininger’s philanthropy?

James Leininger’s philanthropy focuses on areas such as education, healthcare, and disaster relief efforts.

What innovative medical treatments has Remeditex Ventures invested in?

Remeditex Ventures invests in biotech startups that focus on developing innovative medical treatments, but specific treatments have not been disclosed.