Carter Reum, a renowned entrepreneur, venture capitalist, and author, has made waves in the business world and popular culture. His estimated net worth of $20 million to $40 million stems from his ventures, investments, and public profile. This detailed guide explores Carter Reum’s net worth, professional milestones, and personal life.
Carter Reum Net Worth Overview
| Source | Net Worth (Estimated) |
|---|---|
| Celebrity Net Worth | $20 million |
| Harper’s Bazaar Arabia | $40 million |
| Finty | $40 million |
| Briefly.co.za | $20 million |
The net worth estimates vary, reflecting the diverse income streams and private nature of his finances.
Who is Carter Reum?
Birth and Early Life:
- Date of Birth: February 5, 1981
- Birthplace: Wayne, Illinois, USA
- Family Background: Carter is the son of W. Robert Reum, a prominent businessman and CEO of Amsted Industries, one of the largest private companies in the U.S.
Education:
- Carter graduated from Columbia University in 2003 with a degree in Economics, laying the foundation for his entrepreneurial career.
Career Highlights and Business Ventures
Carter Reum’s career spans various industries, including finance, spirits, and venture capital.
- Early Career:
- Began working in venture capital in Sydney, Australia.
- Joined Goldman Sachs as an investment banker in New York City.
- VEEV Spirits:
- In 2007, Carter and his brother Courtney Reum co-founded VEEV Spirits, the first açaí-based liquor brand.
- The company stood out for its eco-friendly practices and was recognized in Inc. Magazine’s 5000 Fastest Growing Companies.
- Sold a majority stake in 2016, marking a significant financial milestone.
- M13 Ventures:
- In 2016, the Reum brothers launched M13, a venture capital firm.
- Notable Investments:
- Lyft
- Slack
- Ring (acquired by Amazon)
- M13 has positioned itself as a key player in funding and mentoring startups.
- Author and Media Personality:
- Regular guest on media platforms like Fox News, CBS, and contributor to publications such as Inc. and HuffPost.
Personal Life and Public Profile
Carter Reum gained international fame for his relationship with Paris Hilton, an heiress, entrepreneur, and socialite.
- Relationship Timeline:
- Began dating Paris Hilton in December 2019.
- Engaged in February 2021.
- Married in November 2021 in a lavish ceremony.
- Family:
- The couple welcomed their first child, Phoenix, via surrogacy in January 2023.
Factors Contributing to Carter Reum’s Net Worth
- Entrepreneurial Ventures:
- VEEV Spirits’ success and subsequent sale.
- M13’s strategic investments in high-growth startups.
- Venture Capital Returns:
- M13’s portfolio includes billion-dollar companies like Lyft and Ring.
- Book Royalties and Media Presence:
- Earnings from his book and appearances as a business expert.
- Brand Collaborations:
- Partnerships through his public profile alongside Paris Hilton.
Breakdown of Carter Reum’s Income Streams
| Income Source | Estimated Contribution |
|---|---|
| VEEV Spirits Sale | $5–$10 million |
| M13 Investments | $10–$20 million |
| Book Sales | $500,000–$1 million |
| Media Appearances | $1–$3 million |
| Brand Collaborations | Undisclosed, likely $2–$5 million |
Conclusion
Carter Reum’s net worth of $20 million to $40 million reflects his business acumen, diversified investments, and media influence. From co-founding VEEV Spirits to running M13 Ventures, his entrepreneurial spirit has been a key driver of his financial success. His marriage to Paris Hilton has further amplified his public persona, making him a well-recognized figure in both business and entertainment.