Carter Reum is an American entrepreneur, venture capitalist, and author who has made a name for himself in the business world, particularly through his work in venture capital and startup investments. He is also widely recognized for his marriage to Paris Hilton, the famous media personality and businesswoman. Reum’s impressive business acumen has enabled him to grow a significant fortune, primarily through his investment firm M13 Ventures, which focuses on investing in innovative and high-growth startups.
As of 2024, Carter Reum’s net worth is estimated to be $50 million, earned through his entrepreneurial ventures, investments, and business dealings. This article explores Carter Reum’s net worth, his successful career, family background, and his rise to prominence in the world of venture capital.
Carter Reum’s Net Worth in 2024
Carter Reum’s net worth in 2024 is estimated to be $50 million, primarily accumulated through his work as a venture capitalist, co-founding M13 Ventures, and his various entrepreneurial ventures. His portfolio includes investments in top-tier companies like Lyft, Pinterest, and Ring, making him a well-respected figure in the startup world.
Detailed Net Worth Breakdown
Source of Income | Estimated Earnings (2024) |
Venture Capital Investments (M13 Ventures) | $40 million |
Entrepreneurial Ventures | $7 million |
Authorship & Speaking Engagements | $3 million |
Total Net Worth | $50 million |
Carter Reum’s Early Life and Career
Early Life
Carter Reum was born on February 5, 1981, in Chicago, Illinois, into a successful and entrepreneurial family. His father, W. Robert Reum, was the CEO of Amsted Industries, a multibillion-dollar company. Growing up in a business-oriented environment inspired Carter to pursue his own path in the entrepreneurial world. He attended Columbia University, graduating in 2003 with a degree in Economics, setting the foundation for his future career in finance and business.
Entrepreneurial Beginnings
Carter Reum started his professional journey as an investment banker at Goldman Sachs before transitioning into the world of startups and entrepreneurship. Along with his brother, Courtney Reum, he co-founded VEEV Spirits in 2007, an innovative liquor brand that gained popularity as one of the first acai-infused spirit companies in the world. VEEV Spirits became a fast-growing brand in the beverage industry and was eventually sold in a successful exit.
Following the sale of VEEV, Reum shifted his focus to venture capital, where he co-founded M13 Ventures, a prominent venture capital firm that invests in innovative, fast-growing companies.
Carter Reum’s Personal Information Overview
Personal Information | Details |
Full Name | Carter Milliken Reum |
Date of Birth | February 5, 1981 |
Age | 43 years old (as of 2024) |
Birthplace | Chicago, Illinois, USA |
Profession | Entrepreneur, Venture Capitalist |
Nationality | American |
Marital Status | Married (Paris Hilton) |
Children | 1 |
Height | 5 feet 11 inches (180 cm) |
Weight | 77 kg (170 lbs) |
Carter Reum’s Family Life
Marriage to Paris Hilton
Carter Reum gained significant media attention for his relationship and subsequent marriage to Paris Hilton, the heiress, media personality, and business mogul. The couple began dating in 2019 and got engaged in February 2021. They tied the knot in a lavish ceremony in November 2021, attended by numerous celebrities and public figures.
Paris Hilton and Carter Reum have become a power couple in both the entertainment and business worlds. The couple welcomed their first child together in early 2023 via surrogacy, marking the beginning of a new chapter in their lives.
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Children and Family Values
Carter Reum and Paris Hilton have one child, born in 2023, whom they have kept largely out of the media spotlight. Reum is also the father of a daughter from a previous relationship. Despite the immense fame of Paris Hilton, Carter Reum has maintained a relatively low profile, focusing more on his career and family life rather than public attention.
Family Member | Details |
Spouse | Paris Hilton (m. 2021) |
Children | 1 child (born in 2023) |
Parents | W. Robert Reum |
Siblings | Courtney Reum (Brother) |
Carter Reum’s Career Achievements and Investments
M13 Ventures
One of Carter Reum’s biggest career successes is the co-founding of M13 Ventures with his brother, Courtney Reum. M13 Ventures is a venture capital firm that focuses on early-stage investments in innovative startups across industries such as consumer technology, food and beverage, wellness, and sustainability. The firm has invested in several high-profile companies, including Lyft, Pinterest, Ring, Daily Harvest, and ClassPass.
Under Reum’s leadership, M13 Ventures has grown into one of the most respected and influential venture capital firms in the United States. The firm operates with a clear vision of identifying disruptive brands and scaling them into household names, contributing significantly to Reum’s impressive net worth.
VEEV Spirits
Prior to his success with M13 Ventures, Carter and his brother launched VEEV Spirits, a pioneering alcohol brand known for its acai-infused products. The company quickly gained traction in the competitive spirits market, positioning itself as a socially responsible and innovative brand. VEEV Spirits was one of the first liquor companies to focus on sustainability, and its success resulted in a lucrative sale, allowing the Reum brothers to venture into new business endeavors.
Authorship and Thought Leadership
In addition to his entrepreneurial ventures, Carter Reum is an author. In 2018, he co-wrote the book “Shortcut Your Startup: Speed Up Success with Unconventional Advice from the Trenches” with his brother. The book provides insights and strategies for aspiring entrepreneurs, drawing on their experiences with launching and scaling successful startups. It has been well-received and is considered a valuable resource for anyone interested in the startup world.
Career Achievements | Details |
Co-founder of M13 Ventures | Early-stage venture capital firm |
Co-founder of VEEV Spirits | Innovative acai-infused liquor brand |
Major Investments | Lyft, Pinterest, Ring, Daily Harvest |
Author | “Shortcut Your Startup” (2018) |
Carter Reum’s Physical Appearance
Carter Reum is known for his polished and professional appearance. His height and lean build give him a commanding presence, which complements his leadership role in the venture capital industry.
Attribute | Details |
Height | 5 feet 11 inches (180 cm) |
Weight | 77 kg (170 lbs) |
Hair Color | Dark Brown |
Eye Color | Brown |
FAQs About Carter Reum
What is Carter Reum’s net worth in 2024?
Carter Reum’s net worth in 2024 is estimated to be $50 million, earned through his career as a venture capitalist, entrepreneur, and author.
What is Carter Reum famous for?
Carter Reum is famous for co-founding M13 Ventures, a successful venture capital firm, and for his previous entrepreneurial success with VEEV Spirits. He is also well-known for being married to Paris Hilton.
Who is Carter Reum married to?
Carter Reum is married to Paris Hilton, the media personality, businesswoman, and socialite. The couple tied the knot in November 2021.
Does Carter Reum have children?
Yes, Carter Reum has one child with Paris Hilton, born in 2023 via surrogacy, and he also has a daughter from a previous relationship.
What is M13 Ventures?
M13 Ventures is a venture capital firm co-founded by Carter Reum and his brother, Courtney Reum. The firm focuses on early-stage investments in innovative consumer brands and startups.
Carter Reum’s journey from a successful entrepreneur with VEEV Spirits to a leading venture capitalist at M13 Ventures showcases his impressive business acumen and ability to identify high-potential investments. With a net worth of $50 million in 2024, Reum has built a thriving career, diversified his portfolio with successful ventures, and gained further recognition through his marriage to Paris Hilton. As he continues to invest in groundbreaking startups, Carter Reum’s influence in the business world is set to grow even further.