Carter Reum Net Worth: A Deep Dive into His Wealth, Career, and Success

Carter Reum Net Worth: A Deep Dive into His Wealth, Career, and Success

Carter Reum is a well-known entrepreneur, investor, and author who has built an impressive fortune through various business ventures. Best recognized as the husband of Paris Hilton, he has achieved financial success long before their marriage. His wealth primarily comes from his investments, the sale of VEEV Spirits, and M13 Ventures. With a background in business and a track record of successful ventures, many are curious about Carter Reum’s net worth and financial journey.

AttributeDetails
Full NameCarter Milliken Reum
GenderMale
Date of Birth5 February 1981
Age43 years old (as of 2024)
Zodiac SignAquarius
Place of BirthWayne, Illinois, United States
Current ResidenceBeverly Park, Los Angeles, California, United States
NationalityAmerican
EthnicityWhite
ReligionChristianity
Sexual OrientationStraight
Height (feet)5’11”
Height (cm)180
Relationship StatusMarried
WifeParis Hilton
EducationGlenbard South High School, Columbia University
ProfessionEntrepreneur, venture capitalist, and author
Net Worth$20 million—$40 million

Carter Reum Net Worth: A Deep Dive into His Wealth, Career, and Success

Who is Carter Reum?

Carter Reum is a businessman and venture capitalist who has gained attention for his entrepreneurial success and high-profile marriage. He co-founded M13 Ventures, a leading investment firm backing tech startups, and authored a book guiding entrepreneurs. His professional achievements have earned him a place among successful business figures in the U.S.

Carter Reum’s Nationality and Early Life

Born in the United States, Carter Reum’s nationality is American. He grew up in a financially stable household, which encouraged his early interest in business. His father, Robert Reum, was a prominent business executive, influencing Carter’s career ambitions. After high school, he attended Columbia University, where he studied economics, laying the foundation for his future endeavors.

Carter Reum’s Job: What Does He Do?

Carter Reum is a venture capitalist, entrepreneur, and author. His career began in investment banking at Goldman Sachs before he and his brother, Courtney Reum, co-founded VEEV Spirits. After selling VEEV, he focused on M13 Ventures, an investment firm helping startups grow. His work spans business investments, startup mentoring, and financial consulting.

How Did Carter Reum Build His Wealth?

Carter Reum accumulated his wealth through business ventures, investments, and strategic financial decisions. His income streams include company sales, venture capital investments, and authorship.

The VEEV Spirits Success Story

Carter and Courtney Reum launched VEEV Spirits, an acai-infused vodka brand, in 2007. The brand quickly gained popularity, positioning itself as an eco-friendly alternative to traditional spirits. After expanding the business, they sold VEEV for an undisclosed but substantial amount, adding millions to Carter’s wealth.

M13 Ventures: The Multi-Million-Dollar Investment Firm

Carter Reum co-founded M13 Ventures, a venture capital firm backing startups like Lyft, Pinterest, and Ring. M13 Ventures has played a significant role in the success of numerous tech companies. The firm’s investments have contributed to Carter’s financial growth, making M13 Ventures a valuable asset in his portfolio. While exact figures vary, M13 Ventures’ net worth is estimated in the multi-million-dollar range, further solidifying Reum’s financial position.

Real Estate and Other Business Ventures

Beyond startups, Carter Reum has invested in real estate and other business ventures. He has acquired properties in prime locations, leveraging them for financial gain. His ability to diversify his investments has contributed significantly to his net worth.

Carter Reum as an Author

Carter Reum co-wrote Shortcut Your Startup, a book aimed at guiding entrepreneurs through the startup world. The book’s success added to his income while establishing him as a thought leader in business.

Also Read: Abraham Quiros Villalba: Biography, Achievements, and Legacy

Carter Reum Net Worth 2023: How Rich is He?

Carter Reum’s net worth in 2023 is estimated to be around $40 million. His wealth has grown consistently, driven by investments, business ventures, and strategic financial decisions.

Carter Reum’s Net Worth Before Paris Hilton

Before marrying Paris Hilton, Carter Reum was already a multimillionaire. His net worth, primarily from VEEV Spirits and M13 Ventures, was estimated to be between $30 million to $35 million. While his marriage to Paris Hilton has increased his media presence, his financial success was well-established before their relationship.

Carter Reum and Paris Hilton: Who is Richer?

Paris Hilton’s net worth is significantly higher than Carter Reum’s, with estimates exceeding $300 million. While Carter is a successful entrepreneur, Paris Hilton’s wealth comes from her family fortune, endorsements, real estate, and businesses. Despite the difference, both have independent financial success and continue to build their wealth separately.

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