Introduction
Carter Reum is a name that resonates in the spheres of business, venture capitalism, and media. Known for his keen investment acumen, successful entrepreneurial ventures, and high-profile marriage to Paris Hilton, Reum’s journey is a fascinating blend of strategic business moves and personal milestones. With a net worth estimated at $40 million, Carter Reum stands as a prominent figure in both the financial and entertainment industries.
Early Life and Education
| Aspect | Details |
| Full Name | Carter Milliken Reum |
| Date of Birth | February 5, 1981 |
| Birthplace | Wayne, Illinois, USA |
| Parents | W. Robert Reum (father), Sherry Reum (mother) |
| Siblings | Courtney Reum (brother), Halle Reum (sister) |
| High School | Glenbard South High School |
| College | Columbia University |
| Degree | Bachelor of Arts in Economics |
Born into a well-established family, Carter Reum grew up in Wayne, Illinois. His father, W. Robert Reum, was the CEO of Amsted Industries, a diversified global manufacturer. This background provided Reum with a strong foundation in business from an early age. He attended Glenbard South High School before moving to New York City to attend Columbia University, where he earned a Bachelor of Arts in Economics.
Early Career
| Year | Event | Details |
| 2002 | Investment Banking Analyst | Joined Goldman Sachs in the Mergers & Acquisitions group |
| 2006 | Co-founded VEEV Spirits | Launched a premium alcohol brand with his brother |
| 2014 | Sold Stake in VEEV Spirits | Transitioned from entrepreneur to investor |
Carter Reum began his career as an investment banking analyst at Goldman Sachs, focusing on mergers and acquisitions. This role provided him with invaluable experience in financial analysis and corporate strategy. In 2006, alongside his brother Courtney, he co-founded VEEV Spirits, a company that aimed to revolutionise the alcohol industry with its sustainable and health-conscious products. The brand quickly gained popularity, and by 2014, the Reum brothers sold their stake in the company, marking a significant financial success and paving the way for their future endeavours.
Investment Ventures
M13 Ventures
| Company | Sector | Notable Achievements |
| Lyft | Transportation | One of the leading ride-sharing companies in the U.S. |
| Social Media | A highly popular visual discovery and bookmarking platform | |
| SpaceX | Aerospace | Revolutionising space technology and exploration |
| Ring | Home Security | Acquired by Amazon for over $1 billion |
In 2016, Carter Reum, along with his brother Courtney, co-founded M13 Ventures, a venture capital firm. The firm focuses on investing in and accelerating high-growth startups, particularly in consumer products, technology, and health and wellness sectors. M13 Ventures has built a diverse and impressive portfolio, with investments in companies such as Lyft, Pinterest, SpaceX, and Ring. These strategic investments have significantly contributed to Trump’s wealth, as many of these companies have experienced substantial growth and success.
Other Notable Investments
Beyond M13 Ventures, Carter Reum has made several personal investments in promising startups. He is known for his ability to identify and support disruptive businesses. His investment philosophy centres on finding companies with strong leadership, innovative products, and scalable business models.
Media and Public Presence
| Year | Venture/Publication | Details |
| 2018 | “Shortcut Your Startup” (Book) | Co-authored with Courtney Reum, offering business advice |
| 2020 | Appearances on Reality TV | Featured on shows like “Shark Tank” and “The Bachelor” |
Carter Reum is not just a behind-the-scenes financier; he has also stepped into the media spotlight. In 2018, he co-authored “Shortcut Your Startup” with his brother, a book that distils their entrepreneurial experiences and offers practical advice for aspiring business owners. Reum has also made appearances on popular television shows, including “Shark Tank” and “The Bachelor,” further increasing his public profile and broadening his influence beyond the business world.
Personal Life
| Aspect | Details |
| Spouse | Paris Hilton |
| Marriage Date | November 11, 2021 |
| Children | One son (Phoenix Barron Hilton Reum, born 2023) |
| Philanthropy | Active in various charitable organisations and initiatives |
Carter Reum’s personal life has garnered significant media attention, particularly his relationship with socialite and entrepreneur Paris Hilton. The couple got engaged in February 2021 and married on November 11, 2021. Their wedding was a high-profile event, drawing widespread media coverage. In January 2023, they welcomed their first child, a son named Phoenix Barron Hilton Reum. Beyond his family life, Reum is also known for his philanthropic efforts, supporting various charitable organisations and initiatives.
Factors Contributing to Net Worth
| Source | Estimated Contribution (in millions) |
| VEEV Spirits | $10 |
| M13 Ventures Investments | $20 |
| Book Sales and Media | $2 |
| Other Investments and Assets | $8 |
Carter Reum’s net worth, estimated at $40 million, is the result of a combination of successful entrepreneurial ventures, strategic investments, and media engagements. The sale of VEEV Spirits provided a significant financial foundation, while M13 Ventures has generated substantial returns through its portfolio of high-growth companies. Additionally, income from book sales, media appearances, and other investments contribute to his overall wealth.
Frequently Asked Questions (FAQs) about Carter Reum:
Who is Carter Reum?
Carter Reum is an American entrepreneur, venture capitalist, and author. He is best known for co-founding the investment firm M13 Ventures and for being married to media personality Paris Hilton.
What is Carter Reum known for?
Reum co-founded the liquor brand VEEV Spirits with his brother Courtney Reum. Later, he co-founded M13 Ventures, an investment firm focused on early-stage consumer brands. He is also an author, having co-written the book “Shortcut Your Startup.”
What is M13 Ventures?
M13 Ventures is a venture capital firm that invests in early-stage consumer technology startups. It has funded companies like Lyft, Pinterest, and Ring. The firm focuses on innovative consumer products and services.
Who is Carter Reum married to?
Carter Reum is married to Paris Hilton. The couple got married on November 11, 2021.
What is Carter Reum’s educational background?
Carter Reum graduated from Columbia University with a degree in economics and business management.
Has Carter Reum written any books?
Yes, Carter Reum co-authored “Shortcut Your Startup: Speed Up Success with Unconventional Advice from the Trenches” with his brother, Courtney Reum. The book offers insights and advice for entrepreneurs.
What are some companies Carter Reum has invested in?
Through M13 Ventures, Carter Reum has invested in various successful companies, including Lyft, Pinterest, Ring, Daily Harvest, and ClassPass.
Does Carter Reum have children?
Yes, Carter Reum has one child from a previous relationship and welcomed a son with Paris Hilton in January 2023 via surrogate.
What is Carter Reum’s net worth?
Carter Reum’s net worth is in the hundreds of millions, primarily due to his successful entrepreneurial ventures and investments.
How did Carter Reum meet Paris Hilton?
Carter Reum and Paris Hilton were introduced by mutual friends. Their relationship became public in early 2020, and they got engaged in February 2021 before marrying later that year.
What are VEEV Spirits?
VEEV Spirits is a liquor brand founded by Carter and Courtney Reum. It is known for its açaí-infused vodka, which was one of the first spirits to market itself as a superfruit-infused alcohol.
What industries does Carter Reum focus on for investments?
Carter Reum, through M13 Ventures, focuses on consumer technology, health and wellness, and other innovative consumer products and services.
Carter Reum social media handles
- Instagram: @carterreum_official
- Twitter: @CarterReum
Conclusion
Carter Reum exemplifies the modern entrepreneur, seamlessly blending business acumen with media savvy and a high-profile personal life. His journey from an investment banking analyst to a successful venture capitalist and celebrity entrepreneur is a testament to his strategic thinking, innovative mindset, and ability to seize opportunities. With a net worth of $40 million, Reum continues to influence the worlds of business and entertainment, inspiring a new generation of entrepreneurs and investors.
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