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Home » Carter Reum Net Worth: How This Entrepreneur Built His Wealth?
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Carter Reum Net Worth: How This Entrepreneur Built His Wealth?

networthswBy networthswDecember 21, 2024Updated:December 21, 2024No Comments6 Mins Read
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Carter Reum Net Worth
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As of 2024, Carter Reum’s net worth is estimated to be around $20 million and $40 million. He’s a well-known entrepreneur and author, famous for his work in the business world and as a venture capitalist.

His success comes from launching several companies and investing in start-ups that have made significant impacts.

Born into a prominent family, Carter gained attention through his relationship with socialite Paris Hilton. Together, they’ve captured media interest while also building their brands.

Carter Reum Net Worth & Income Sources

As of 2024, Carter Reum’s net worth is estimated to be between $20 million and $40 million.

Income Sources

Carter Reum has several income sources that contribute to his wealth:

  • M13 Ventures: He co-founded this venture capital firm with his brother Courtney. M13 invests in successful companies like Lyft, Pinterest, Snapchat, Ring, and SpaceX.
  • VEEV Spirits: In 2007, he started VEEV Spirits with his brother. Magazine’s fastest-growing private companies. It sold for more than seven times its annual income.

These ventures show how Carter Reum built his financial success through smart investments and entrepreneurship.

Also Read: Andre Hakkak Net Worth

Carter Reum Wiki Biography

DetailInformation
NameCarter Milliken Reum
Date of BirthFebruary 5, 1981
Age43 years
NationalityAmerican
ResidenceLos Angeles, California
EducationGraduated from Columbia University in 2003 with a degree in economics.
Early CareerWorked as an investment banker at Goldman Sachs from 2004 to 2006. He worked with clients like Lockheed Martin and Honeywell.
  • VEEV Spirits: Co-founded VEEV Spirits in 2007 with his brother Courtney Reum. The company became a leader in the spirits industry.
  • M13 Ventures: Co-founder of M13 Ventures, a venture capital firm that has invested in companies such as Lyft and SpaceX.

Carter Reum’s background showcases his growth as an entrepreneur and investor.

Early Life and Education

Carter Reum was born on February 5, 1981, in Wayne, Illinois. His father, W. Robert Reum, held important roles as the president, CEO, and chairman of Amsted Industries. This company is a large industrial firm based in Chicago. Growing up in such a business-oriented environment likely influenced his future career.

Carter attended Glenbard South High School in Illinois before going to college. He graduated from Columbia University in 2003 with a degree in Business and Managerial Economics. This education helped him build the skills needed for his entrepreneurial ventures and investments later on.

Career Achievements

Carter Reum co-founded VEEV Spirits in 2007 with his brother, Courtney Reum. This company produced a special kind of liquor made from açaí fruit, marking it as the first of its kind.

VEEV Spirits grew quickly and received recognition for its success. In 2018, Inc. Magazine listed it among the 5000 fastest-growing private companies in the United States.

Carter also played a significant role in starting M13 Ventures, a venture capital firm that invests in new businesses. The firm has backed well-known companies like Lyft and SpaceX, showcasing Carter’s ability to spot promising investments.

Carter Reum Age, Height, Weight, and Physical Appearance

Carter Reum is 43 years old, having been born on February 5, 1981.

Carter’s height is 5 feet 11 inches. There’s no exact information about his weight available.

He lives in Los Angeles with his wife, Paris Hilton. They own several properties including a Mediterranean-style mansion, a beachfront home in Malibu, and a Tuscan-style mansion in Beverly Hills. This lifestyle reflects their success in business and personal life.

Spouse and Relationship

Carter Reum is married to Paris Hilton.

  • Engagement and Marriage: Carter and Paris started dating in November 2019. They got engaged in February 2021 and celebrated their marriage in November 2021 with a three-day wedding event.
  • Children: The couple has two children, both born via surrogate.

Personal Life & Family

Personal Life & Family Carter Reum Net Worth

Carter Reum was born on February 5, 1981, in Wayne, Illinois. His father, W. Robert Reum, worked as a business executive. His mother also had a job in finance. This background helped shape his interest in business from a young age.

Carter graduated from Columbia University in 2003 with a degree in economics. While studying there, he started several businesses and later became an investment banker at Goldman Sachs.

Carter is married to Paris Hilton. They tied the knot on November 11, 2021. The couple welcomed their first child, a son named Phoenix Baron Hilton Reum, via surrogacy in January 2023.

Social Media Profiles

PlatformProfile Link
Instagram@carterreum
Twitter@CarterReum
LinkedInCarter Reum

Conclusion

Carter Reum’s journey as an entrepreneur and investor showcases his remarkable ability to identify opportunities and innovate within competitive markets.

His diverse ventures from M13 Ventures to VEEV Spirits highlight a strategic mindset that has significantly contributed to his financial success.

Living a dynamic life alongside Paris Hilton only adds another layer to his multifaceted identity. As he continues to navigate the business landscape, Carter’s net worth reflects not just numbers but the culmination of hard work perseverance, and smart decision-making.

With their growing family and ongoing projects, it’s clear that Reum’s influence will likely expand further in the coming years.

Frequently Asked Questions

What is Carter Reum’s estimated net worth?

Carter Reum’s net worth is estimated to be between $20 million and $40 million. His wealth primarily comes from his entrepreneurial ventures and investments.

What companies did Carter Reum co-found?

Carter Reum co-founded M13 Ventures, a venture capital firm that has invested in notable companies like Lyft and SpaceX. He also established VEEV Spirits, known for its premium açaí fruit liquor, alongside his brother in 2007.

Where was Carter Reum born and raised?

Carter Reum was born on February 5, 1981, in Wayne, Illinois. He grew up in a business-oriented family which influenced his entrepreneurial journey.

What is Carter Reum’s educational background?

Reum graduated from Columbia University in 2003 with a degree in Business and Managerial Economics. During his time at Columbia, he started several businesses that helped shape his career.

How many children do Carter Reum and Paris Hilton have?

Carter Reum and Paris Hilton welcomed their first child, a son named Phoenix Baron Hilton Reum, via surrogacy in January 2023. They have two children together.

What are some of Carter Reum’s personal interests?

In addition to his business endeavors, Carter enjoys sharing insights about his life as an entrepreneur and family man through social media platforms like Instagram, Twitter, and LinkedIn.

Where does Carter Reum currently reside?

Carter Reum lives in Los Angeles with his wife Paris Hilton. The couple owns multiple properties including luxurious homes in Malibu and Beverly Hills.

Carter Reum
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