Billionaire Profile
James Leininger
Global Rank
#1850

Image: Public domain | via Wikimedia Commons

James Leininger

CEO, Kinetic Concepts, Inc. (KCI)
US
Real-Time Net Worth
$1.9B
As of December 2025
Age
80
Source
Medical products
Industry
healthcare
Citizenship
US

Biography

James Leininger, born in 1944, is an 80-year-old American entrepreneur who made his fortune in medical products, specifically through the founding of Kinetic Concepts, Inc. (KCI). His career in healthcare began after receiving a medical degree from Indiana University. Leininger's achievements include establishing KCI in 1976, which became a global leader in wound care. His net worth is estimated at $1.9 billion, according to Forbes. He is known for his involvement in philanthropic efforts, education, and conservative causes, including support for school choice initiatives.

Wealth Over Time

In-Depth Profile

Early Life and Education

James Richard Leininger was born in Warsaw, Indiana, in 1944. He spent his formative years in Indiana and Florida. Leininger pursued higher education at Indiana University Indianapolis, where he earned a Bachelor of Arts in 1965 and a Doctor of Medicine in 1969. His medical training included a two-year internship at the Miller School of Medicine at the University of Miami, followed by postgraduate courses at various medical centers.

Rise to Success

In 1976, Leininger founded Kinetic Concepts, Inc. (KCI) in San Antonio, Texas. KCI revolutionized wound care by introducing negative pressure wound therapy. Initially, the company struggled with financial difficulties. However, through innovation and strategic decisions, KCI grew to become a global medical technology corporation. In 2012, Apax Partners acquired the company for $6.3 billion, with Leininger being the largest shareholder.

Key Business Strategies

Leininger's success with KCI was due to several key business strategies. He focused on developing innovative therapeutic healing systems, particularly for wound care and patient immobility. The company developed products such as specialty beds and the V.A.C. (Vacuum Assisted Closure) Therapy System. KCI's revenue grew significantly, with international sales playing a crucial role. Leininger expanded the company's reach globally with operations in multiple countries and acquisitions such as the regenerative medicine company LifeCell.

Philanthropy

Beyond business, Leininger is involved in philanthropy, supporting a range of charitable initiatives. He has contributed to education, humanitarian aid, and scientific research. His philanthropic activities extend to various educational and religious institutions, reflecting his commitment to conservative Christian activism and supporting causes that align with his principles.

Career Milestones

1976

Founded Kinetic Concepts, Inc. (KCI)

Established KCI, a medical technology company specializing in wound care.

2007

Inducted into the Texas Business Hall of Fame

Recognized for his contributions to the healthcare industry.

2012

KCI Acquired

Apax Partners acquired KCI, where Leininger was the largest shareholder

Philanthropy & Social Impact

Education and Public Policy

Texas Public Policy Foundation

$XM

Co-founded a conservative think tank supporting free-market policies.

Business Philosophy & Leadership

Notable Quotes

"I've never sensed an ulterior motive for Jim. It's all philosophical."

Leadership Principles

Innovation

Focus on developing new technologies in the healthcare field.

Conservative Values

Applying free-market business philosophy with Christian beliefs.

Controversies & Challenges

1990s-2000s

Political Contributions

Significant donations to Republican candidates and conservative causes.