The business identity of Carter Reum now signifies his accomplishments in investment and entrepreneurial skills. Through his extraordinary path from founding a spirits company to becoming a well-known venture capitalist, real estate investor, and author, he secured his position in modern business history. The business acumen and hard work that led to his wealth supersedes the publicity he gets from his dating socialite Paris Hilton.
Carter Reum Net Worth for 2025 is projected between $20 million and $40 million and continues increasing due to his expanding business portfolio. This article focuses on studying his personal history and corporate development while dissecting his wealth-building strategies.
Carter Reum’s Quick Bio
| Full Name | Carter Milliken Reum |
| Known As | Carter Rum |
| Date of Birth | 5 February 1981 |
| Age (as of 2025) | 44 years old |
| Zodiac Sign | Aquarius |
| Place of Birth | Wayne, Illinois, United States |
| Current Residence | Beverly Park, Los Angeles, California, United States |
| Nationality | American |
| Religion | Christianity |
| Ethnicity | White |
| Sexuality | Straight |
| Height | 5’11” |
| Weight | 165 kilograms |
| Hair Color | Brown |
| Eye Color | Dark Brown |
| Father | Robert Carter |
| Mother | Sherry Carter |
| Siblings | 2 (Courtney and Halle) |
| Relationship Status | Married |
| Wife | Paris Hilton |
| Children | 3 (Phoenix, London, and Evie) |
| Education | Glenbard South High School, Columbia University |
| Profession | Entrepreneur, venture capitalist, and author |
| Net worth | $20 million—$40 million |
Early Life and Education
Carter Reum was born on February 5, 1981, in Wayne, Illinois in the home of Reums Robert and Sherry. Business success runs through his family lineage, so it naturally shaped his professional path. His father managed Amsted Industries as president and chairman while serving as its chief executive officer until he died in 2017. The private company operates out of Chicago and holds one of the largest positions among US privately held firms. In 2017, his father died. He shared his childhood years with his two sisters, Halle and Courtney.
After completing high school at Glenbard South Carter, he enrolled at Columbia University in New York in 1999. He moved from Chicago Columbia College to Harvard University, where he completed his economics degree in 2003. His time at Harvard delivered academic strength and valuable business-oriented contacts that he would use to advance his future professional path.
After graduating, he co-founded VEEV Spirits with his brother, Courtney Reum, which would later serve as a pillar of his business career. To differentiate itself from rivals in the market, its spirit brand concentrated on producing high-end vodka flavored with acai berries. The brothers eventually sold VEEV Spirits to the international corporation Luxco in 2016 after it attracted the interest of significant distributors. Carter Reum’s career reached a central turning point with this sale, setting the groundwork for his subsequent endeavors.
Income Sources That Contribute To Carter Reum Net Worth
Carter Reum is an experienced entrepreneur and venture capitalist. Here we will explain his business endeavors and accomplishments during the previous twenty years.
- Corporate Job
Carter Reum started working at Champ Ventures in Sydney after graduating from college, specializing in identifying and assisting businesses in their expansion. He returned to the United States in 2004 and became an investment banker at Goldman Sachs, working alongside his older brother, Courtney Reum. However, after two years, he quit his corporate position and worked with his brother to operate their own company.
The interview with Columbia College Today in February 2021 revealed that he considered his business venture one of his most outstanding achievements because it paved the way for his future entrepreneurial success.
- VEEV Spirits: The Start of Carter Rheum’s Success
Carter Reum and his brother’s business careers took a significant step forward when they established VEEV Spirits in 2007, which became a prominent brand for them. VEEV Spirits aimed to change how consumers viewed traditional liquor by offering them a vitally healthier beverage alternative. The main product, VEEV Acai Spirit, received its distinctive combination of antioxidant-rich Acai berries.
The Reum brothers saw a market opportunity because health-conscious consumers wanted products matching their lifestyle preferences. VEEV Spirits was created by combining the wellness movement with a high-end alcohol selection. The product was about choosing healthier options without compromising taste or luxury, not only about drinking. Targeting wealthy, younger consumers searching for something new in the spirits sector, the Reum brothers deftly positioned VEEV as a premium product.
The brothers’ entrepreneurial instincts and VEEV’s distinctive stance are responsible for its success. VEEV Spirits gained popularity by building strategic partnerships while applying shrewd brand marketing to its audience. VEEV Spirits distinguished itself from competitors and attracted health-conscious consumers in a competitive market. The Reum brothers conducted the sale of VEEV to Luxco, a large spirits manufacturer, in 2016. International industry specialists estimate the undisclosed purchase agreement exceeded $100 million. The sale of VEEV Spirits granted Carter Reum enough capital to start new businesses as he established himself as a successful business leader.
- M13 Ventures: Expanding into Venture Capital
Following the VEEV Spirits sale, Carter Reum dedicated himself to venture capital investments. He and his brother launched M13 as a venture financing firm when they started the company in 2016. The firm invested in fledgling companies that demonstrated meaningful expansion potential. M13 positioned itself apart from typical venture capital organizations by making investments that included additional benefits beyond money. The brothers offered hands-on business support through their business relationships and commercial experience, which helped companies advance.
M13 focused mainly on discovering promising startup ventures in the technology, consumer goods, lifestyle brands, and health and wellness industries. This business benefited substantially from Carter Reum because of his expertise in business creation and deep understanding of branding techniques. He and his colleagues achieved financial success through M13 investments by backing Lyft and Ring before Amazon purchased Ring for over $1 billion.
M13 made a significant investment in the fitness app ClassPass. The website immediately gained popularity among health-conscious customers by enabling users to schedule workout courses at different gyms and studios. ClassPass grew quickly and became one of the most successful fitness firms in the world. Thus, M13’s early investment paid off handsomely. Carter Reum net worth has increased dramatically due to several profitable exits, including those from Lyft, Ring, and ClassPass.
His faith in the potential of entrepreneurship is also reflected in M13’s venture capital strategy. The foundation of the company’s business approach is providing companies with the tools they require to thrive, such as capital, mentorship, and strategic direction. This active strategy has paid off handsomely, as numerous companies M13 has supported have achieved notable success and added to Carter Reum net worth.
- Real Estate Ventures: Expanding the Wealth Portfolio
Carter Reum net worth has increased through several savvy real estate investments and his employment at M13. His real estate holdings include expensive homes in desirable areas like New York City and Los Angeles. In addition to offering him a varied source of income, these investments act as a hedge against future declines in the stock market or other financial sectors.
He concentrates on buying assets that are anticipated to increase in value over time, which is consistent with his business strategy regarding real estate. His real estate acquisitions continuously expand by selecting properties showing long-term growth potential within highly demanded locations. In 2020, his purchase of an expensive Beverly Hills estate made it one of the most frequently discussed properties within the neighborhood. His success and his preference for purchasing properties that combine luxury and long-term investment worth are reflected in the home.
Carter Reum’s investment has become profitable as the real estate market keeps rising. His investments in prestigious residential and commercial real estate have further strengthened his fortune, enabling him to safeguard his financial future and have a diverse portfolio.
- Author and Speaker: Sharing Knowledge and Expertise
Carter Reum has become a leading thinker and author through his business ventures. He and his brother, Courtney wrote the book, named “Shortcut Your Startup: Ten Ways to Speed Up Entrepreneurial Success” in 2020. Through its instructions, this book provides aspiring business founders with critical steps for developing new companies. It is more than just a theoretical manual based on the Reum brothers’ actual experiences creating and growing VEEV Spirits, funding startups, and negotiating business challenges. The tactics they employed to build profitable businesses and reach financial independence are reflected in the guidance in “Shortcut Your Startup.”
Carter Reum has also gained popularity as a public speaker, sharing his experiences and guiding budding business owners and entrepreneurs. His presentations enable him to spread his awareness to numerous people, thereby delivering meaningful insights to a wider public. Because of his book and public speaking activities, the business sector recognizes him as a prominent thought leader.
- Media Presence and Brand Partnerships
His entrepreneurial endeavors go beyond venture capital and conventional entrepreneurship. He has increased his riches by using his brand to build a media presence. Carter Reum uses podcasts and interview sessions to share his experiences with investors and entrepreneurship. Through his high media visibility, he reaches many people who are prospects for business collaboration.
He has also worked on brand alliances, associating himself with luxury brands. These collaborations have grown his personal brand and produced new revenue streams. His media exposure has helped improve his financial situation and draw in high-profile opportunities as an investor and businessman.
Personal Life With Paris Hilton: A High-Profile Relationship
Carter Reum achieved public notice of his net worth due to his business partnership with Paris Hilton. February 2021 marks when she unveiled through social media that they were engaged. They announced their love relationship in 2020. The couple’s wedding ceremony in Los Angeles became a nationwide media phenomenon in November 2021.
Their first child, Phoenix Baron Hilton Reum arrived in January 2023. Their second child, a daughter, London Reum, was born in November 2023. Both children were born through surrogacy. Besides, he also previously had a daughter, Evie, with his relationship to Laura Bellizzi, who is an actress.
The heiress and businesswoman Paris Hilton holds strong business interests across the media business and fashion industries as well as hotels and hospitality sectors. Her wealth and his business and investment accomplishments position them among Hollywood’s most influential pairs. Carter Reum’s public image has increased due to their relationship, but it’s crucial to remember that his financial success existed before they were married.
Hilton has also contributed to some of his endeavors, such as starting the podcast “This Is Paris,” in which they talk about a variety of subjects, from personal experiences to business. He and Hilton now make money from the podcast, which has attracted much attention.
Carter Reum Net Worth
Carter Reum Net Worth in 2025 ranges between $20 million and $40 million. Changes in real estate investments, combined with M13 and VEEV Spirits sales, generate most of his money. Ring and ClassPass exit strategies backed by M13 have significantly increased his Carter Reum Net Worth.
The value of his real estate properties gave rise to additional wealth besides his investment activities. His capital growth remains strong across market conditions because he diversifies his investments between real estate, high-growth businesses, and other financial assets.
Financial success shows his sharp investment skills, as he connects with profitable market opportunities. Thanks to his business drive and support for business success, he has become a significant figure in startup and venture capital operations.
Whose Net worth is more, Paris Hilton or Carter Reum’s?
As of 2025, Paris Hilton has more financial value than Carter Reum. This former reality TV star has the status of media mogul, social elite, and business tycoon, with a net worth ranging between $300 million and $350 million. She has amassed a prosperous financial status through her company investments, hotel chain operations, and perfume brand business.
The reported Carter Reum Net Worth as an investor and entrepreneur ranges between $20 million and $40 million. Paris Hilton has accumulated much wealth larger than Carter’s because she maintained a prolonged career in entertainment and business operations despite his notable achievements in spirits production, venture capital investments, and real estate activities.
A Luxurious House
The couple made an $8.4 million purchase of a magnificent Malibu seaside estate in August 2021. An elegant two-story house occupies 3,000 square feet of land and provides homeowners with three bedrooms, three bathrooms, and an upper-class outdoor swimming pool. The terrace area offers expanded views of the coastal landscape.
The couple obtained a Tuscan villa-style mansion with 14,000 square feet inside Beverly Park for leasing purposes. The house provides space through its seven bedrooms and 11.5 bathrooms because of its ample dimensions. The couple started living in the villa in February 2023 after they paid $160,000 as the monthly fee, which showcased their admiration for luxurious accommodation.
Carter Reum philanthropy
Humanitarian work is a core part of Carter Reum’s activities, as he continues as an investor and businessman in finance. He continuously supports various charitable organizations through his professional activities. Together with his brother, Courtney, he established M13 as a venture capital business that provides capital to startup companies, leading to social change alongside financial success initiatives. He is particularly enthusiastic about projects that advance education, social entrepreneurship, and sustainability.
He has collaborated with groups such as The Fulfillment Fund, which helps underprivileged students continue higher education by offering them resources and mentorship. Furthermore, he and his spouse, Paris Hilton, have supported groups like The Humane Society and advocated for animal rights using their platforms. Their altruistic endeavors demonstrate their mutual conviction in giving back to society and significantly impacting the globe.
Business Philosophy and Future Prospects
Carter Reum approaches business with long-term planning, strategic thinking, and measured risk-taking. In addition to being an entrepreneur, he has amassed his wealth by seeing the potential in developing markets and sectors. He has made it apparent that he looks for business endeavors that complement his principles and interests, and his worldview strongly emphasizes matching investments with personal passions.
His fortune will probably continue increasing as he explores new business ventures, makes more investments, and increases his media presence. Carter Reum is in a good position to continue accumulating wealth because of his successful track record and his investments in rapidly expanding businesses.
Conclusion
Carter Reum built his journey from starting a thriving spirits company into being a real estate investor, author, and venture capitalist through determination and innovative vision. Evaluating his many business undertakings and investment activities reveals that Carter Reum net worth is expected to increase by $20 million to $40 million by 2025. His partnership with Paris Hilton has increased his media presence, but his main source of wealth originates from how he invests and his approach to business.
Carter Reum Net Worth will rise further as he expands his business interests and strategically invests in promising enterprises. Through his ability to adapt to evolving commercial and technological environments, he will remain prominent in the entrepreneurial world in the coming years.
