Carter Reum is an American entrepreneur, venture capitalist, and author who has made a name for himself in the business world. Known for co-founding the eco-friendly alcohol brand VEEV Spirits and the venture capital firm M13, Reum has built a successful career that has significantly contributed to his wealth. His journey from Wall Street to Silicon Valley showcases determination, innovation, and business acumen. This article delves into Carter Reum’s net worth, career achievements, personal life, and the factors that have helped him amass his fortune.
Profile Bio
| Age | 43 years (as of 2025) |
|---|---|
| Date of Birth | February 5, 1981 |
| Place of Birth | Wayne, Illinois, USA |
| Height | 5 feet 11 inches |
| Nationality | American |
| Profession | Entrepreneur, Venture Capitalist |
| Net Worth | $20 million – $40 million |
| Education | Harvard University |
| Spouse | Paris Hilton |
| Children | Three |
| Company | M13, VEEV Spirits |
| Book | Shortcut Your Startup |
| Social Media | Instagram @carterreum |
Early Life and Education
Carter Milliken Reum was born on February 5, 1981, in Wayne, Illinois, United States. Raised in a supportive family, he grew up alongside his brother, Courtney Reum, with whom he would later partner in business ventures. His father, W. Robert Reum, was a successful businessman and former CEO of Amsted Industries, instilling in Carter the values of hard work and entrepreneurship.
Reum attended Harvard University, where he earned a degree in economics. His time at Harvard not only equipped him with the knowledge needed to navigate the business world but also provided him with valuable networking opportunities that would later benefit his career.
Career Beginnings and Entrepreneurial Journey
After graduating from Harvard, Carter Reum began his career as an investment banker at Goldman Sachs, where he honed his skills in finance and investment. Despite his success in the corporate world, Reum harbored a passion for entrepreneurship and sought to create something of his own.
In 2007, Carter and his brother Courtney co-founded VEEV Spirits, an eco-friendly alcohol brand that quickly gained popularity. VEEV’s innovative approach, including the use of organic ingredients and sustainable practices, resonated with consumers, leading to rapid growth. The brand received numerous accolades and was eventually acquired by Luxco in 2016, marking a significant milestone in Reum’s career.
Building Wealth Through Venture Capital
Following the success of VEEV Spirits, Carter Reum turned his attention to venture capital. In 2016, he co-founded M13, a venture capital firm dedicated to supporting and investing in startups with high growth potential. M13 has backed several successful companies, including Lyft, Ring, SpaceX, and Daily Harvest, contributing to Reum’s growing wealth.
As a venture capitalist, Reum’s strategic investments have played a crucial role in his financial success. By identifying promising startups and providing them with the resources needed to scale, he has not only generated substantial returns but also positioned himself as a key player in the startup ecosystem.
Other Sources of Income
In addition to his entrepreneurial and investment ventures, Carter Reum has diversified his income through various other channels. He is the co-author of the book “Shortcut Your Startup: Ten Ways to Speed Up Entrepreneurial Success”, which he wrote with his brother Courtney. The book offers practical advice for aspiring entrepreneurs and has been well-received within the business community.
Reum is also a sought-after public speaker, sharing his insights on entrepreneurship, investment, and business growth at conferences and events worldwide. His media appearances and collaborations with well-known brands have further boosted his income and public profile.
Personal Life and Influence on Wealth
Carter Reum’s personal life has also garnered public attention, particularly his relationship with socialite and businesswoman Paris Hilton. The couple began dating in 2019 and married in a lavish ceremony in November 2021. Together, they have two children: a son named Phoenix, born in January 2023, and a daughter named London, born in November 2023.
Reum also has a daughter from a previous relationship with reality TV star Laura Bellizzi. Despite maintaining a relatively private personal life, his marriage to Hilton has undoubtedly increased public interest in his career and financial status.
Current Net Worth and Financial Milestones
As of 2025, Carter Reum’s net worth is estimated to be between $20 million and $40 million. This wealth is primarily derived from the sale of VEEV Spirits, the success of M13, and his various investments and business ventures. His ability to identify and capitalize on emerging trends has allowed him to achieve financial success and maintain a prominent position in the business world.
Key financial milestones in Reum’s career include the acquisition of VEEV Spirits, the growth of M13’s investment portfolio, and the successful exits of several startups backed by his firm. These achievements have not only solidified his reputation as a skilled entrepreneur and investor but also contributed significantly to his overall net worth.
Lifestyle and Assets
Carter Reum’s wealth is reflected in his luxurious lifestyle and impressive collection of assets. The entrepreneur owns several high-end properties, including a stunning home in Los Angeles, which he shares with Paris Hilton. The couple’s residence is known for its modern design, spacious layout, and state-of-the-art amenities.
In addition to real estate, Reum enjoys a collection of luxury cars and other high-end items. Despite his wealth, he is known for maintaining a balanced lifestyle, combining his passion for business with a commitment to family and personal well-being.
Reum is also dedicated to philanthropy, supporting various charitable causes and using his wealth to make a positive impact. His philanthropic efforts reflect his belief in giving back to the community and supporting initiatives that drive social change.
Physical Appearance and Social Media Presence
Carter Reum is approximately 5 feet 11 inches tall, with a lean and athletic build. His clean-cut appearance and professional demeanor reflect his background as a successful entrepreneur and investor.
Reum maintains an active presence on social media, where he shares insights into his business ventures, personal life, and philanthropic activities. His Instagram handle @carterreum offers followers a glimpse into his world, showcasing moments with his family, business achievements, and travel adventures.’
Final Thoughts
Carter Reum’s story is one of ambition, innovation, and determination. From his early success with VEEV Spirits to his influential role in venture capital through M13, Reum has built a lasting legacy in both entrepreneurship and investment. His personal life, business achievements, and philanthropic efforts all contribute to his well-rounded and impactful presence. As he continues to grow and evolve, Reum remains a figure of inspiration for aspiring entrepreneurs and investors alike.
FAQs
What is Carter Reum’s current net worth?
His net worth is estimated to be between $20 million and $40 million.
How did Carter Reum build his wealth?
He built his wealth through the success of VEEV Spirits, venture capital firm M13, and strategic investments.
Who is Carter Reum married to?
He is married to socialite and businesswoman Paris Hilton.
Does Carter Reum have children?
Yes, he has two children with Paris Hilton: Phoenix and London, and a daughter from a previous relationship.
What is Carter Reum’s height?
He stands approximately 5 feet 11 inches tall.
