Carter Reum is a name that’s made waves not only in the world of business and entrepreneurship but also in the celebrity scene due to his marriage to socialite Paris Hilton. Known for his expertise in venture capital and his entrepreneurial ventures, Reum has built a diverse and impressive career. In this article, we explore Carter Reum net worth, career highlights, business ventures, personal life, and his relationship with Hilton.
Carter Reum’s Early Life & Education
Born on February 5, 1981, in Wayne, Illinois, Carter Milliken Reum grew up in a family that valued hard work and entrepreneurship. He is the son of Robert and Sharyn Reum, and he has a brother named Courtney. The Reum family has deep roots in business, with Carter’s father being the founder of a successful business called The Reum Family Enterprises. Growing up in such an environment, Carter was exposed to the fundamentals of business early on.
Reum attended Columbia University, one of the Ivy League’s prestigious institutions, where he majored in economics and business. He graduated in 2003, equipped with the knowledge and drive to launch a successful career in business. His time at Columbia helped him develop a solid foundation in financial analysis, business strategy, and investment techniques.
Venture Capital Career: M13
Carter Reum is best known for his role in venture capitalism. In 2016, he co-founded the venture capital firm M13 alongside his brother, Courtney Reum. M13 focuses on investing in early-stage companies, particularly in the tech, lifestyle, and consumer product industries. Their firm is renowned for its strategic approach to scaling businesses, and they’ve supported several high-profile startups, including companies in the health and wellness sector, as well as tech startups.
M13’s portfolio has included notable companies such as Lyft, Ring, and The Boring Company, among others. Reum’s keen eye for identifying opportunities has made him a sought-after venture capitalist in Silicon Valley and beyond. The firm prides itself on its ability to not only invest in promising companies but also offer strategic guidance to help them grow.
Co-Founder Of VEEV Spirits
Beyond his work with M13, Carter Reum is also the co-founder of VEEV Spirits, a brand that has garnered attention in the spirits industry. VEEV is an award-winning vodka alternative made from açaí berries, offering a healthier and environmentally sustainable option in the alcohol space. The company was founded in 2007, and through Carter’s vision and leadership, it was able to grow significantly.
VEEV was sold to the Diageo Group, a global leader in alcoholic beverages, in 2012 for an undisclosed sum. This acquisition marked a major milestone in Reum’s career and solidified his place in the world of business. His involvement with VEEV not only showcased his entrepreneurial abilities but also his commitment to sustainability and innovation in the marketplace.
Author & Speaker
In addition to his work as an entrepreneur, Carter Reum co-authored the book Shortcut Your Startup with his brother Courtney. Published in 2020, the book offers advice on entrepreneurship and growing a successful business. The Reum brothers provide insights into the startup world, sharing their experiences and lessons learned from building businesses from the ground up.
The book is not only a practical guide but also a motivational piece for budding entrepreneurs, showing how to navigate the often challenging startup landscape. Through this book, Reum further cemented his reputation as a business thought leader.
Personal Life & Marriage To Paris Hilton
Carter Reum’s personal life has attracted significant media attention due to his high-profile marriage to Paris Hilton. The couple became engaged in February 2021, and they wed later that year in a luxurious and star-studded ceremony. Paris Hilton, the famous socialite, media personality, and business mogul, has been in the public eye for years, known for her reality TV appearances, business ventures, and her influence on popular culture.
Reum and Hilton share a close bond, with the couple often posting about their travels and milestones on social media. In 2023, the couple welcomed two children, a son named Phoenix Barron and a daughter named London, both born via surrogacy. This new chapter in their lives has been widely covered by the media, and Hilton has spoken about her joy in becoming a mother.
Before his marriage to Hilton, Carter Reum was known to keep his personal life relatively private. However, since his relationship with Hilton, the spotlight has shone brightly on his life outside of work. His relationship with Hilton has brought even more attention to his entrepreneurial endeavors, as the couple’s combined celebrity status has turned them into a powerhouse duo in both the business and entertainment industries.
Carter Reum Net Worth
Currently, Carter Reum’s estimated net worth ranges between $20 million and $40 million. His wealth comes from his work in venture capital, as well as his successful entrepreneurial ventures, including VEEV Spirits. Reum’s financial success is a testament to his business acumen and his ability to spot trends and invest in innovative, growing companies.
Carter’s legacy will likely be defined by his contributions to the startup ecosystem, his role in scaling successful companies, and his commitment to both business and family. He has proven that with the right combination of hard work, innovation, and strategic thinking, it is possible to create lasting success in multiple industries.
Conclusion
Carter Reum has crafted a successful career as an entrepreneur, venture capitalist, and business mogul. His journey from a business-minded family in Illinois to becoming a respected figure in the venture capital world is a story of ambition and perseverance. Through his firm M13, his co-founding of VEEV Spirits, and his role as a thought leader and author, Reum has made significant contributions to the world of business.
Now, with his high-profile marriage to Paris Hilton and their growing family, Carter Reum has solidified his place in the public eye. His diverse career, innovative spirit, and strong personal values make him a fascinating figure in both the business world and the realm of celebrity. Reum’s story is a testament to the power of entrepreneurship and the impact of combining business success with personal fulfillment.