What Is Carter Reum Net Worth’ Net Worth?
Carter Reum, a multifaceted American entrepreneur, author, and venture capitalist, has carved a notable space for himself in the business world. As of 2025, his estimated net worth is approximately $20 million. This figure is primarily derived from his successful ventures, strategic investments, and business acumen demonstrated over the years.
Entrepreneurial Ventures and Investments
Reum’s entrepreneurial journey began in earnest with the co-founding of VEEV Spirits in 2007, alongside his brother Courtney Reum. VEEV Spirits distinguished itself as an eco-friendly liquor company, particularly known for its flagship product, VEEV Açaí Spirit. While specific revenue figures for VEEV Spirits during Reum’s active management are not publicly available, the brand gained significant traction and was recognized as the first carbon-neutral spirits brand. This venture showcased Reum’s ability to identify market opportunities and build a brand around sustainability and innovation.
In 2016, the Reum brothers co-founded M13, a venture capital firm focusing on consumer products and services. M13 has since become a prominent player in the startup ecosystem. Although the exact value of M13’s portfolio is not publicly disclosed, the firm has made strategic investments in high-growth companies such as Lyft, Ring, and Snapchat. These investments reflect Reum’s and his brother’s ability to identify promising startups and provide them with the capital and mentorship needed to scale and succeed. The specific returns on these investments are proprietary, but they undoubtedly contribute significantly to Reum’s overall net worth.
Literary Work: “Shortcut Your Startup”
Adding another dimension to his profile, Carter Reum, together with his brother Courtney, co-authored “Shortcut Your Startup: Speed Up Success with Unconventional Advice from the Trenches” in 2018. While book sales figures are not publicly available, the book has been well-received within the entrepreneurial community, providing insights and practical advice based on the Reum brothers’ experiences. Although revenue from the book is unlikely to be a major component of Reum’s net worth, it serves as a valuable asset in terms of branding and reputation.
Early Life and Education
Born on February 5, 1981, in Wayne, Illinois, Carter Reum laid the foundation for his future success with a solid educational background. He graduated from Columbia University in 2003 with a degree in economics. During his time at Columbia, Reum demonstrated his entrepreneurial spirit by launching multiple business ventures. Details about these ventures are not fully available, but they served as crucial stepping stones, instilling in him the skills and mindset needed to pursue larger opportunities.
Following his graduation, Reum joined Goldman Sachs as an investment banker. Although the specific details of his compensation package at Goldman Sachs are not publicly available, this experience provided him with invaluable insights into the world of finance and investments, further enhancing his capabilities as an entrepreneur and investor.
Philanthropic Activities
Carter Reum’s commitment to philanthropy is evident through his involvement with various charitable organizations and his businesses’ socially responsible initiatives. VEEV Spirits donated a portion of its proceeds to environmental causes, reflecting Reum’s dedication to sustainability and social impact. M13 also includes a focus on socially responsible businesses in its investment strategy, further demonstrating Reum’s commitment to using his resources to make a positive impact. He is a supporter of non-profit organizations, including Pencils of Promise, which focuses on improving global education, and the Art of Elysium, which supports artists working with hospitalized youth. Specific financial contributions to these organizations are not publicly available, but they underscore Reum’s dedication to giving back to society.
Marriage to Paris Hilton
Carter Reum’s marriage to Paris Hilton in November 2021 has further amplified his public profile. While their relationship doesn’t directly impact Reum’s net worth, the association with Hilton, a successful businesswoman and media personality, has undoubtedly increased his visibility and potentially opened up new business opportunities. Paris Hilton’s individual net worth, estimated to be around $300 million, is separate from Reum’s, but their combined influence in the business and social spheres is considerable. Their son, Phoenix Baron Hilton Reum, was born in January 2023 via surrogacy.
Summary of Net Worth Components
In summary, Carter Reum’s estimated net worth of $20 million is derived from a combination of factors, including:
- Successful entrepreneurial ventures, such as VEEV Spirits and M13
- Strategic investments in high-growth companies
- Income from his literary work, “Shortcut Your Startup”
- Financial acumen gained from his time at Goldman Sachs
- Increased visibility and opportunities resulting from his marriage to Paris Hilton
While specific financial details and internal revenue figures for Reum’s various ventures are not publicly available, his track record of success and strategic decision-making positions him for continued growth in the future. As M13 continues to invest in promising startups and as Reum continues to leverage his business acumen and connections, his net worth is expected to increase over time.
It is important to note that net worth estimations can fluctuate based on market conditions, investment performance, and other factors. The $20 million figure is a snapshot in time based on available information and is subject to change.
Real Estate and Assets
While specific details regarding Carter Reum’s personal real estate holdings are not publicly accessible, it is likely that he owns residential properties befitting his financial status. High-net-worth individuals often invest in real estate as a means of diversifying their assets and generating long-term capital appreciation. Details such as the locations, sizes, and values of Reum’s properties are not available in public records.
Similarly, information about Reum’s personal assets, such as vehicles, artwork, and other collectibles, is not publicly disclosed. These types of assets can contribute to an individual’s overall net worth, but the extent of Reum’s holdings in these categories is unknown. It is common for individuals with significant wealth to hold a diverse range of assets to manage risk and maximize returns.
Future Outlook
Looking ahead, Carter Reum is well-positioned to continue growing his net worth through his various business ventures and investments. M13’s continued success in identifying and supporting high-growth startups is likely to be a key driver of his financial success. As the venture capital landscape evolves and new opportunities emerge, Reum’s experience, network, and strategic vision will enable him to capitalize on these trends. It’s reasonable to anticipate that his involvement in future entrepreneurial endeavors will further solidify his financial position and contribute to his overall wealth.