When Paris Hilton married Carter Reum in November 2021, the world became curious about the man who captured the heart of the hotel heiress. Beyond his high-profile marriage, Carter Reum has built an impressive financial empire through strategic investments, successful business ventures, and entrepreneurial prowess. Understanding Carter Reum net worth reveals the story of a self-made millionaire who has carved his own path in the business world.
Carter Reum’s Current Net Worth in 2025
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Carter Reum’s net worth is estimated to be between $20 million and $40 million as of 2025, according to multiple financial sources. This substantial wealth has been accumulated through various business ventures, with his primary fortune stemming from his entrepreneurial activities and strategic investments in the venture capital space.
The variation in estimates reflects the dynamic nature of his investment portfolio and the private nature of many of his business dealings. As of 2024, Carter Reum’s net worth is estimated to be around $40 million, according to Celebrity Net Worth, representing the higher end of most estimates and showcasing his continued financial growth.
Early Life and Educational Foundation
Carter Milliken Reum was born on February 5, 1981, to Sherry and Robert Reum. His privileged upbringing provided him with valuable business insights from an early age. His father was chairman, president and chief executive officer of Chicago-based Amsted Industries, which was ranked as one of the United States’ largest private companies by Forbes.
Reum graduated from Columbia College of Columbia University in 2003, where he developed the analytical skills that would later prove instrumental in his business ventures. His Ivy League education provided him with a strong foundation in business principles and connected him with a network of influential contacts that would benefit his future endeavors.
Professional Career Beginnings
After graduation, Carter Reum began his professional journey in the financial sector. Carter Reum graduated from Columbia University and started his career at Goldman Sachs, one of the world’s most prestigious investment banks. This experience in investment banking provided him with crucial insights into financial markets, deal structuring, and corporate finance that would later inform his entrepreneurial ventures.
His time at Goldman Sachs exposed him to high-level business transactions and taught him how to evaluate investment opportunities, skills that would prove invaluable when he later founded his own venture capital firm.
VEEV Spirits: The Foundation of His Fortune
The cornerstone of Carter Reum net worth can be traced back to his first major entrepreneurial success. Alongside his brother Courtney, Reum co-founded the alcohol brand VEEV Spirits, which became a significant player in the premium spirits market.
VEEV Spirits quickly expanded with the addition of VitaFrute™ Cocktails by VEEV, the first line of organic ready-to-drink cocktails helping to double the size of the company in 2 years. This rapid growth demonstrated the brothers’ ability to identify market trends and capitalize on consumer demand for premium, organic alcoholic beverages.
The success of VEEV Spirits established Carter as a serious entrepreneur and provided the capital necessary for his future ventures. Carter Reum is the co-founder of M13, which he and his brother Courtney Reum founded after selling their spirits company VEEV, indicating that the sale generated substantial proceeds that funded their next major business venture.
M13 Ventures: Building Investment Empire
Perhaps the most significant contributor to Carter Reum net worth today is his venture capital firm M13. Carter co-founded M13 in 2016 with his brother Courtney, transforming their success in the spirits industry into a platform for investing in promising startups and emerging companies.
M13 is an early-stage (seed and Series A) venture capital firm that invests in visionary founders building disruptive software businesses. The firm has positioned itself as more than just a financial investor, offering operational support to help portfolio companies scale effectively.
The investment portfolio of M13 includes some of the most successful companies in recent years. Through his venture capital firm M13, Carter Reum has invested in numerous companies across different sectors, including Lyft, FanDuel, SpaceX, Pinterest. These high-profile investments have generated substantial returns, significantly contributing to his overall net worth.
Diversified Investment Portfolio
Beyond M13’s institutional investments, Carter Reum has built a diversified personal investment portfolio. Signal NFX states he has between $4 million and $7 million across 48 investments, demonstrating his active involvement in angel investing and startup funding.
His investment strategy spans multiple sectors, reflecting a sophisticated approach to wealth building. He’s also an angel investor in cleantech startups, health ventures, and consumer internet companies, showing his commitment to emerging technologies and sustainable business models.
Authorship and Thought Leadership
Adding to his business portfolio, Carter Reum has established himself as a thought leader in entrepreneurship. The duo co-founded and sold VEEV, the spirits brand, and co-authored the bestseller “Shortcut Your Startup”. This book leverages their practical experience in building and scaling businesses, providing additional income streams while enhancing his reputation in the business community.
The success of their book has positioned the Reum brothers as recognized experts in startup strategy, leading to speaking engagements, consulting opportunities, and enhanced credibility for their investment activities.
Personal Life and High-Profile Marriage
While Carter Reum’s business acumen built his fortune, his marriage to Paris Hilton has certainly elevated his public profile. Carter Reum is probably best known for being married to Paris Hilton. They became engaged in February 2021, married in November of that year and welcomed a son in January 2023.
The couple’s combined wealth and business interests have created additional opportunities for investment and collaboration. In August 2021, Paris and Carter Reum invested $8.4 million in an oceanfront property in Malibu, though this property was unfortunately lost in the 2025 Palisades Fire, demonstrating both their significant purchasing power and the risks associated with high-value real estate investments.
Current Business Activities and Future Prospects
Today, Carter Reum continues to actively manage his investment portfolio and identify new opportunities. A former Goldman Sachs investment banker, Carter is a LACMA board member, indicating his continued involvement in cultural and business leadership roles beyond his primary investment activities.
His position on prestigious boards and continued involvement in M13’s operations suggest that his net worth will likely continue growing as his investment portfolio matures and new opportunities arise in the rapidly evolving technology and consumer goods sectors.
Conclusion
Carter Reum net worth of $20-40 million represents the success of a methodical entrepreneur who has leveraged education, experience, and strategic thinking to build substantial wealth. From his early days at Goldman Sachs through the creation and sale of VEEV Spirits to the establishment of M13 Ventures, each step has contributed to his current financial position.
His diversified approach to wealth building, combining successful business exits with ongoing venture capital investments and thought leadership, positions him well for continued financial growth. While his marriage to Paris Hilton has increased his public visibility, Carter Reum’s business achievements stand on their own merit, representing a modern success story in entrepreneurship and investment.
(FAQs)About Carter Reum Net Worth
Q1 What is Carter Reum’s exact net worth in 2025?
Carter Reum’s net worth is estimated to be between $20 million and $40 million as of 2025. The variation in estimates is due to the private nature of many of his investments and the fluctuating value of his venture capital portfolio. Most recent sources suggest his net worth is closer to $40 million.
Q2 How did Carter Reum make his money?
Carter Reum built his wealth through multiple ventures: starting his career at Goldman Sachs, co-founding and selling VEEV Spirits with his brother, establishing the successful venture capital firm M13, and making strategic angel investments in companies like Lyft, SpaceX, and Pinterest. His diversified approach to business and investing has been key to his financial success.
Q3 What is M13 Ventures and how does it contribute to his wealth?
M13 Ventures is the venture capital firm Carter co-founded with his brother Courtney in 2016. The firm focuses on early-stage investments in disruptive software businesses and has backed successful companies including Lyft, Pinterest, SpaceX, and FanDuel. The returns from these investments significantly contribute to his overall net worth.
Q4 Did Carter Reum’s marriage to Paris Hilton affect his net worth?
While Carter Reum built his fortune independently before marrying Paris Hilton, their marriage has likely provided additional business opportunities and increased his public profile. However, his $20-40 million net worth was primarily established through his own business ventures rather than his relationship with Paris Hilton.
Q5 What was VEEV Spirits and why was it important to his wealth?
VEEV Spirits was an organic alcohol brand that Carter co-founded with his brother Courtney. The company was particularly successful with its VitaFrute cocktails line and doubled in size within two years. The sale of VEEV Spirits provided the capital that Carter and his brother used to launch M13 Ventures, making it a crucial stepping stone in building his current net worth.
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