What is Carter Reum’s Net Worth?
The American author and businessman Carter Reum is worth $20 million. The fact that Carter Reum is married to Paris Hilton is arguably what makes him most famous. In February 2021, they got engaged, got married in November, and had a son in January 2023. Apart from his private life, Carter is one of the founders of M13 Ventures, an investment firm. He has written a highly regarded business book, founded and expanded several businesses, notably VEEV Spirits, and taken part in several charitable activities.
Education and Early Career
Carter Reum was born in Wayne, Illinois, on February 5, 1981. His first significant accomplishment was earning an economics degree from Columbia University in 2003. Reum showed his entrepreneurial zeal while attending Columbia by starting several businesses, which prepared the way for his subsequent achievements. He worked as an investment banker at Goldman Sachs after graduating, where he improved his financial savvy and acquired useful expertise.
VEEV Spirits
Carter Reum and his brother Courtney Reum co-founded the environmentally conscious spirits firm VEEV Spirits in 2007. VEEV Açaí Spirit, the company’s flagship product, immediately became well-known for its distinct flavor and dedication to sustainability. Since VEEV became the first alcohol brand to receive a carbon-neutral certification, the Reum brothers’ commitment to environmentally responsible operations attracted a lot of attention. An important turning point in Carter’s business career was this creative endeavor.
M13
Carter Reum and his brother Courtney founded M13, a consumer goods and services-focused venture capital firm, in 2016. Since then, M13 has grown to be a significant force in the startup scene, having made significant investments in businesses including Snapchat, Ring, and Lyft. As co-founders, the Reum brothers have been crucial in establishing the firm’s investing approach and in offering the businesses in their portfolio direct mentoring and advice. Carter Reum’s success as a venture capitalist and entrepreneur is demonstrated by the founding and expansion of M13.
“Shortcut Your Startup”
Carter Reum and his brother Courtney collaborated on the 2018 book “Shortcut Your Startup: Speed Up Success with Unconventional Advice from the Trenches.” Based on the Reum brothers’ own experiences starting and expanding their enterprises, the book provides insightful analysis and useful guidance for prospective business owners.
Philanthropy
Throughout his career, Carter Reum has demonstrated his commitment to give back to society. In addition to his enterprises, he has been actively interested in philanthropy. For instance, M13’s investing strategy places a strong emphasis on socially conscious companies, while VEEV Spirits contributed a portion of their earnings to environmental causes. Reum supports some non-profit organizations in addition to his corporate generosity, such as the Art of Elysium, which assists artists who deal with hospitalized kids, and Pencils of Promise, which aims to improve worldwide education.
Personal Life
Carter Reum and Paris Hilton, a socialite and businesswoman, are engaged in February 2021. In November 2021, they tied the knot in Los Angeles. In January 2023, they welcomed Phoenix Baron Hilton Reum, a son, as their first surrogate kid.
Carter’s former relationship with actress Laura Bellizzi also produced a child.
