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Carter Reum Net Worth: How Did He Amass Million-Dollar Wealth?

Carter Reum Net Worth

Carter Reum Net Worth

American writer, businessman, and venture capitalist Carter Reum. Carter Milliken Reum was born on February 5, 1981, and is most known for starting the alcoholic beverage firm VEEV Spirits. Carter established the investing firm M13 Ventures.

Along with starting and growing multiple businesses, including VEEV Spirits, he is the author of a highly recognized business book and has been involved in several humanitarian endeavors.

After graduating, he began working as an investment banker at Goldman Sachs, where he developed his knowledge of finance and gained practical experience.

Carter Reum Net Worth

Carter Reum Net Worth

Carter Reum’s estimated net worth as of 2024 is $40 million. He is an American businessman, novelist, and venture capitalist. Paris and Reum are a power couple, with a combined net worth of around $300 million.

His best-known offerings are the book “Shortcut Your Startup: Ten Ways to Speed Up Entrepreneurial Success” and the alcoholic drinks sold under the VEEV Spirits brand. His spouse is the well-known Paris Hilton.

Carter Reum Early Life

The birthdate of Carter Reum is February 5, 1981. His father, Robert Reum, held the positions of chairman, president, and chief executive officer at Amsted Industries. Chicago is home to Amsted Industries. It was named one of the largest US private corporations by Forbes.

Reum, his brother Courtney, and his sister Halle (who is married to a descendant of the Annenberg family) all graduated from Columbia College at Columbia University in 2003. Reum belonged to Columbia University’s Zeta Beta Tau Fraternity’s Delta Chapter.

Carter Reum Career

Carter Reum’s dedication to giving back to society has been evident throughout his career. He has actively engaged in charitable giving, both on his own and through his businesses. For instance, M13 invests with an emphasis on socially aware businesses, while VEEV Spirits donates a portion of its income to environmental organizations.

In addition to his corporate generosity, Reum is a supporter of several non-profits, including Pencils of Promise, which aims to enhance worldwide education, and the Art of Elysium, which provides funding to artists who work with young people in hospitals.

Eager to get back into business together, the brothers founded M13, a venture capital firm that has invested in businesses such as Slack, FanDuel, and Lyft. Carter and Courtney, the authors of “Shortcut Your Start-up,” are also prosperous business owners.

Reum has been on multiple networks, including Fox and CBS, as a guest and analyst. She has also appeared in several Hatched TV show episodes. He contributes to the Huffington Post and Inc.

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Carter Reum Personal Life

In February 2021, celebrity and businesswoman Paris Hilton received a proposal from Carter Reum. They married the marriage in Los Angeles in November of 2021. Their first kid, a son named Phoenix Baron Hilton Reum, was born into their family in January 2023 via surrogacy.

According to court documents, the outlet was able to obtain in 2020, Reum signed a document acknowledging he is the father, but he never took a paternity test. A Reum representative stated:

“The people to whom this story matters have known about it for ten years.” 

Hilton honored her spouse with a sweet Instagram message on their second wedding anniversary. She wrote alongside several images from the couple’s special day:

“11:11 was simply my favorite time of day until 2021. Now it’s the anniversary of one of the best days of my life, Thank you for making me feel like the luckiest girl in the world every single day. So happy and grateful for this beautiful life we are building together.”

In 2007, Carter Reum and his brother Courtney Reum started the green-minded liquor firm VEEV Spirits. VEEV Açaí Spirit, the company’s flagship product, gained immediate recognition for its unique flavor and commitment to sustainability.

VEEV became the first spirits brand to receive carbon neutrality certification, largely because of the Reum brothers’ dedication to eco-friendly practices. An important turning point in Carter’s business career was this creative venture.

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