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Forbes' released its 38th annual World's Billionaires list, and it includes eight people connected to spine and orthopedic businesses and care.

ZimVie, Zimmer Biomet's spine and dental spinoff, has officially made its exit from the spine market after a tumultuous year, selling the business to global investment firm H.I.G. Capital. 

Stryker CEO Kevin Lobo's total compensation grew from $18.6 million in 2022 to about $20.8 million in 2023, according to a recent Securities and Exchange Commission proxy filing.

Miach Orthopaedics, which is behind the Bridge-Enhanced ACL restoration implant, raised $20 million in series B financing, the company said April 2.

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