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While Carter Reum is often recognised as the husband of media personality Paris Hilton, he’s far more than just a celebrity spouse. In his own right, Reum is a highly successful entrepreneur, venture capitalist, and published author. Paris Hilton, of course, is the great-granddaughter of Conrad Hilton, the founder of Hilton Hotels, and has built her own empire in television, fashion, and entertainment.
Thanks to his growing public profile, many are now asking: What is Carter Reum’s net worth? Let’s take a closer look at his background, business ventures, and how he built his fortune.
Early Life and Education
Carter Milliken Reum was born on 5 February 1981 to Robert and Sherry Reum. His father, Robert Reum, was a prominent business figure, serving as President, Chairman, and CEO of Amsted Industries, a Chicago-based industrial firm ranked by Forbes as one of the largest private companies in the United States.
Carter grew up alongside two siblings—his brother Courtney James Reum and his sister Halle. He attended Columbia University, where he earned a degree in economics. Even during his university years, Reum showed strong entrepreneurial leanings, diving into various business ventures and honing his instincts for innovation.
The Building Blocks of Carter Reum’s Net Worth
Early Career at Goldman Sachs
Reum’s professional journey began at Goldman Sachs, where he worked as an investment banker. The role provided him with a solid foundation in finance and strategic planning, both of which would serve him well in his future entrepreneurial endeavours.
Co-Founding VEEV Spirits
In 2007, Carter and his brother Courtney launched VEEV Spirits, an alcohol brand that stood out by using açaí berries as its core ingredient. It positioned itself as one of the first eco-conscious liquor brands, gaining rapid popularity across the United States.
VEEV became one of the fastest-growing private companies in the country. The brothers eventually sold the brand in 2016, marking a major milestone in Carter’s career and significantly boosting his personal wealth.
Launching M13 Ventures
Following the success of VEEV, Carter and Courtney founded M13, a venture capital firm specialising in early-stage startups. M13 has since become a key player in the startup ecosystem, focusing on businesses with high growth potential and the capacity to disrupt traditional industries.
As of 2023, M13 was recognised as one of just eight US-based VC firms ranked among the global top twenty—an impressive accolade for the Reum brothers.
Media Presence and Thought Leadership
Television and Media Appearances
Reum has made multiple appearances on business-oriented TV programmes such as Hatched, and has featured as a guest commentator on networks including Fox, Bloomberg, and CBS. These appearances have helped expand his personal brand and professional reach.
Writing Contributions and Authorship
Carter also contributes to Inc. and The Huffington Post, offering insights into entrepreneurship and venture capital. In 2018, he co-authored a book with his brother titled Shortcut Your Startup: Ten Ways to Speed Up Entrepreneurial Success. The book blends personal anecdotes with actionable advice, aiming to guide up-and-coming founders towards more efficient growth and success.
What Is Carter Reum’s Net Worth?
As of recent estimates, Carter Reum’s net worth ranges between $40 million and $50 million. The bulk of this wealth stems from his business ventures, particularly VEEV Spirits and M13. However, his media work, investments, and published content also play a significant role in his financial success.
Revenue from VEEV Spirits
VEEV Spirits laid the groundwork for Reum’s financial independence. The brand’s early success and eventual sale brought in a substantial return, allowing Carter and his brother to pursue further ventures without relying on external funding.
Diversified Investments Through M13
Through M13, Reum has invested in several high-profile companies including Lyft, Snapchat, Pinterest, SpaceX, Warby Parker, Ring, and Daily Harvest. This diversification has safeguarded his wealth against market fluctuations and positioned him as a savvy investor in Silicon Valley circles.
Income from Publishing and Thought Leadership
Though not a major revenue stream, Carter’s book and published articles add credibility to his public persona and further cement his status as a respected figure in the startup world. These ventures contribute not just income, but influence—valuable currency in the business world.
Personal Life
Carter Reum began dating Paris Hilton in December 2019. The couple got engaged on 13 February 2021 and were married later that year on 11 November in a lavish Los Angeles ceremony.
They now share two children together—a son and a daughter—born via surrogacy. In addition, Carter has a daughter from a previous relationship with actress Laura Bellizzi, a detail that surfaced publicly after his marriage to Hilton.
Conclusion
Carter Reum’s journey from investment banking to venture capital showcases the evolution of a modern entrepreneur. From launching an innovative alcohol brand to investing in some of the most exciting startups of the past decade, Reum has repeatedly demonstrated his business acumen.
While his marriage to Paris Hilton may have brought him into the media spotlight, his achievements stand solidly on their own. With a diverse portfolio and a sharp eye for future trends, Carter Reum continues to inspire budding entrepreneurs across the globe.
Whether through strategic investments or thoughtful mentorship, he remains a force to watch in the world of business.
Ethan Walker