Carter Reum is a well-known entrepreneur, venture capitalist, and author who has made a name for himself in the business world. He co-founded VEEV Spirits, one of the fastest-growing liquor brands in the U.S., and later launched M13, a successful venture capital firm that has backed major companies like Lyft, Pinterest, and SpaceX. His financial success, combined with his high-profile marriage to socialite Paris Hilton, has sparked curiosity about his net worth. Estimates suggest Carter Reum’s net worth ranges between $20 million to $40 million, primarily from his business ventures, investments, and media appearances. His ability to identify lucrative opportunities and build successful companies has played a significant role in his wealth accumulation.
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Carter Reum Net Worth – Quick Information Table
| Category | Details |
|---|---|
| Full Name | Carter Milliken Reum |
| Date of Birth | February 5, 1981 |
| Education | Columbia University (2003) |
| Occupation | Entrepreneur, Venture Capitalist, Author |
| Major Business | M13 Ventures, VEEV Spirits (sold to Luxco) |
| Estimated Net Worth | $20 million – $40 million |
| Notable Investments | Lyft, Pinterest, SpaceX, Ring |
| Spouse | Paris Hilton (married in 2021) |
| Primary Income Sources | Venture Capital, Business Sales, Media |
Early Life and Education
Carter Reum was born on February 5, 1981, into a wealthy and successful family. His father, W. Robert Reum, was a prominent businessman and former CEO of Amsted Industries, a multi-billion-dollar company based in Chicago. Growing up in an environment that valued business and entrepreneurship, Carter developed a strong interest in finance and startups from a young age. He pursued higher education at Columbia University, where he graduated in 2003. His education at Columbia provided him with the knowledge and network that would later help him build a successful career in business and investing.
Entrepreneurial Ventures
Carter Reum’s journey as an entrepreneur began when he co-founded VEEV Spirits in 2007 alongside his brother, Courtney Reum. The company quickly gained recognition for its eco-friendly and innovative approach to alcoholic beverages, becoming one of the fastest-growing liquor brands in the U.S. VEEV Spirits was eventually sold to Luxco in 2016, marking a significant financial milestone for Reum. After selling VEEV, he shifted his focus to venture capital and launched M13 Ventures, a firm that has invested in top companies like Lyft, Pinterest, SpaceX, Ring, and Daily Harvest. M13 became a major force in the startup ecosystem, helping emerging businesses scale successfully while significantly adding to Carter Reum’s wealth.
Authorship and Media Presence
In addition to being a successful entrepreneur, Carter Reum is also an author and media personality. In 2018, he co-authored the book “Shortcut Your Startup” with his brother, where they shared insights on how to build and grow successful businesses based on their own experiences. The book was well-received, especially among aspiring entrepreneurs looking for practical advice. Carter has also made TV appearances on various networks such as CBS, Fox, and CNBC, and has been featured as a business expert in publications like The Huffington Post and Inc. Magazine. His media presence not only boosted his personal brand but also contributed to his growing net worth.
Personal Life and Influence on Net Worth
Carter Reum gained widespread media attention when he started dating and later married Paris Hilton, the famous hotel heiress, businesswoman, and media personality. The couple tied the knot in November 2021, in a lavish wedding that was widely covered in the press. While Carter Reum was already wealthy, his association with Paris Hilton further increased his visibility and business opportunities. Together, they have built a power couple image, with shared business ventures and real estate investments, including their luxurious Beverly Park mansion in Los Angeles. Their combined influence has made Carter’s name more prominent in the business and entertainment world, further boosting his financial standing.
Carter Reum’s Estimated Net Worth
Estimates of Carter Reum’s net worth range between $20 million to $40 million, largely stemming from his business ventures, investments, and media appearances. His early success with VEEV Spirits, the profitable sale of the company, and the expansion of M13 Ventures into a leading venture capital firm have significantly contributed to his wealth. Compared to his wife Paris Hilton, whose net worth is estimated to be around $300 million, Carter’s fortune may seem modest. However, his strategic investments in billion-dollar startups like SpaceX and Lyft indicate that his wealth could continue to grow in the coming years.
Philanthropy and Social Impact
Beyond business, Carter Reum is also involved in philanthropy and social impact initiatives. He has donated to various charities and supports causes related to education, entrepreneurship, and environmental sustainability. Through M13, he also helps startups with a strong focus on ethical business practices and sustainable growth. His commitment to giving back adds to his reputation as a socially responsible entrepreneur.
Conclusion
Carter Reum’s financial success is a result of his business acumen, strategic investments, and media presence. From co-founding a multi-million-dollar liquor brand to building a thriving venture capital firm, he has demonstrated a strong ability to identify profitable opportunities. His marriage to Paris Hilton further elevated his profile, making him a recognized name in both the business and entertainment worlds. With investments in high-growth startups and a strong foothold in venture capital, his net worth is expected to grow in the future.
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FAQs
1. What is Carter Reum’s net worth?
Carter Reum’s net worth is estimated to be between $20 million and $40 million, primarily from his business ventures and investments.
2. How did Carter Reum make his money?
He made his fortune through the sale of VEEV Spirits, venture capital investments via M13, and his media appearances and book sales.
3. Is Carter Reum richer than Paris Hilton?
No, Paris Hilton’s net worth is estimated at $300 million, which is significantly higher than Carter Reum’s estimated $20-$40 million.
4. What businesses has Carter Reum invested in?
Through M13 Ventures, he has invested in companies like Lyft, Pinterest, SpaceX, Ring, and Daily Harvest.
5. What is Carter Reum’s background in education?
He graduated from Columbia University in 2003, where he built a strong foundation in business and finance.
