Carter Reum Net Worth: Explore Paris Hilton Husband’s Wealth

Carter Reum net worth reflects his success as an entrepreneur, investor, and author, best known for co-founding VEEV Spirits and M13 Ventures. Married to socialite and businesswoman Paris Hilton, Reum has built a substantial fortune through his diverse business endeavors. His investments span industries such as technology and consumer goods, contributing significantly to his wealth. This article explores Reum’s net worth, career trajectory, philanthropic activities, and personal life.

Who Is Carter Reum?

Carter Reum, born on February 5, 1981, in Wayne, Illinois, is a renowned American entrepreneur, venture capitalist, and author. He initially rose to prominence by co-founding VEEV Spirits with his brother, Courtney Reum, and later cemented his position as an influential figure in venture capital through M13 Ventures. Reum is widely recognized for his strategic investments in early-stage companies and his ability to grow businesses. His high-profile marriage to Paris Hilton further enhanced his public visibility. Reum’s business acumen, combined with his media presence, has made him a notable figure in both the entrepreneurial and entertainment worlds.

Carter Reum Profile Summary

Carter Reum Career

Carter Reum’s career is a testament to his entrepreneurial spirit and innovation across various industries. He has ventured into several sectors, from beverage manufacturing to venture capital and media.

VEEV Spirits

Reum co-founded VEEV Spirits in 2018 with his brother, Courtney Reum. The company introduced a unique alcoholic beverage, VEEV Açaí Spirit, known for its use of acai berries and eco-friendly practices. It became the first carbon-neutral spirit brand in the industry, focusing on sustainability. The company’s success was marked by its distinctive product and forward-thinking marketing strategies. 

M13 Ventures

After offloading VEEV Spirits, Carter Reum redirected his attention to venture capital. He established M13 Ventures, a company that focuses on backing early-stage businesses, particularly in the technology, consumer products, and health sectors. M13 has put money into highly prosperous companies such as Lyft, Ring, and Daily Harvest. The company’s distinctive strategy integrates financial investment with hands-on assistance, supplying startups with the resources and know-how necessary for expansion. M13’s involvement in nurturing inventive businesses has additionally bolstered Reum’s standing as a shrewd investor.

Media Presence & Authorship

In addition to his business ventures, Reum co-authored the book “Shortcut Your Startup: Speed Up Success” with Unconventional Advice from the Trenches in 2018. The book offers practical advice to aspiring entrepreneurs, drawing from his personal experiences. Reum has also made several media appearances, often discussing entrepreneurship and investment strategies. His marriage to Paris Hilton has kept him in the public spotlight, increasing his media presence.

Carter Reum Net Worth

As of 2024, Carter Reum’s net worth is estimated to be around $40 million. This wealth has been accumulated through various channels, primarily from his business ventures and investments. The sale of VEEV Spirits provided a significant financial boost, while M13 Ventures continues to grow, with investments in successful companies contributing to his ongoing wealth accumulation. Reum’s strategic investments in innovative startups have ensured a steady growth in his financial portfolio, positioning him as a key player in venture capital.

Personal Life

Carter Reum’s personal life came into the spotlight when he married Paris Hilton in November 2021. The couple’s high-profile wedding garnered extensive media attention. In January 2023, they welcomed their first child, Phoenix Baron Hilton Reum, born via surrogacy. Reum also has a child from a previous relationship with actress Laura Bellizzi. Despite his public persona, Reum maintains a relatively private life, focusing on his family and business endeavors. His marriage to Hilton has only amplified his fame, making him a familiar face in both the business and entertainment sectors.

Philanthropy

Carter Reum is also known for his philanthropic endeavors. Through his business ventures, such as VEEV Spirits, Reum has supported various environmental causes. A portion of VEEV’s proceeds was donated to ecological initiatives. His venture capital firm, M13, is also committed to investing in socially responsible businesses. Additionally, Reum has supported organizations like Pencils of Promise, which focuses on improving global education, and The Art of Elysium, an organization that helps artists work with hospitalized youth. His dedication to philanthropy underscores his commitment to giving back to society.

Wrap Up

Carter Reum’s transformation from a young businessperson to a prosperous investor and writer demonstrates his sharp business skills and unwavering commitment. With an estimated fortune of $40 million, Reum has positioned himself as a prominent figure in the business realm. His business endeavors, including VEEV Spirits and M13 Ventures, have significantly contributed to his wealth, and his dedication to charitable work and originality has strengthened his standing. As Reum continues to pursue new prospects, his influence in both the business and societal arenas is projected to expand.

FAQs

• How did Carter Reum make his money?

Carter Reum built his fortune through co-founding VEEV Spirits, a venture capital firm (M13), and various investments in startups.

• What is Carter Reum’s net worth in 2024?

Carter Reum’s net worth is estimated to be around $40 million as of 2024.

• Who is Carter Reum married to?

Carter Reum is married to Paris Hilton, a famous socialite and businesswoman.

• What philanthropic causes does Carter Reum support?

Reum supports environmental causes, global education through Pencils of Promise, and artistic initiatives with The Art of Elysium.