When you hear the name Carter Reum Net Worth, you might first think of his high-profile marriage to Paris Hilton. But there’s so much more to this American entrepreneur, author, and venture capitalist than his connection to a celebrity. Carter has built an impressive career, creating businesses, investing in startups, and writing books that have inspired others. His story is one of hard work, smart decisions, and a knack for spotting opportunities. So, how much is Carter Reum worth, and how did he get there? Let’s dive into his life, career, and finances in a way that’s easy for anyone to understand.
Who Is Carter Reum Net Worth?
Carter Reum Net Worth was born on February 5, 1981, in Wayne, Illinois, a small suburb of Chicago. Growing up in a family that valued education and business, Carter was set on a path to success early on. His father, W. Robert Reum, was the president and CEO of Amsted Industries, a major private company valued at over $4 billion by Forbes. His mother, Sherry, worked as a finance manager, and his siblings, Courtney and Halle, also pursued successful paths. This family background gave Carter a strong foundation, but he’s made his own mark in the world.
Carter went to Columbia University in New York City, where he earned a degree in economics in 2003. During his college years, he already showed signs of being an entrepreneur, starting small business ventures that hinted at his future success. After graduating, he didn’t just sit back—he jumped into the fast-paced world of investment banking and startups, building a career that would lead to his impressive wealth.
How Did Carter Reum Net Worth?
Carter Reum Net Worth is estimated to be between $20 million and $50 million, depending on the source. This range comes from various reports, like Celebrity Net Worth, which pegs it at $20 million, and others like Finty and Exact Net Worth, which estimate it closer to $40 million or even $50 million. Why the difference? Well, as a venture capitalist, Carter’s wealth is tied to investments in private companies, which can be hard to pin down exactly. His money comes from a mix of entrepreneurial ventures, investments, book royalties, and media appearances. Let’s break it down.
VEEV Spirits: A Game-Changing Liquor Brand
One of Carter’s biggest successes came in 2007 when he and his brother, Courtney, started VEEV Spirits. This wasn’t just any liquor company—it was the first to create a vodka made from açaí fruit, a trendy, health-conscious ingredient at the time. VEEV stood out because it was eco-friendly, becoming the first spirits brand to be certified as carbon neutral. That’s a big deal in an industry not always known for sustainability.
VEEV Spirits grew quickly, landing on Inc. Magazine’s list of the 5000 fastest-growing private companies in the U.S. By 2009, the company was reportedly making $5 million a year, and by 2016, Carter and Courtney sold a majority stake to Luxco, a beverage company. According to the podcast Built to Sell, the sale was for more than seven times VEEV’s annual revenue of $10 million. If the brothers split the profits, Carter likely walked away with at least $35 million from this deal alone. That’s a huge chunk of his wealth right there.
M13 Ventures: Investing in the Future
After VEEV, Carter didn’t slow down. In 2016, he and Courtney co-founded M13, a venture capital firm based in Los Angeles and New York City. M13 focuses on investing in consumer-focused startups, and it’s been a major player in the startup world. The firm has backed big names like Lyft, Pinterest, Snapchat, SpaceX, and Ring, among others. As of 2021, Forbes reported that M13 had $450 million in assets under management, and by 2025, its portfolio was valued at over $1.3 billion.
As a co-founder, Carter earns money from M13 through management fees and a share of the profits when the companies they invest in succeed (like when they get sold or go public). These “exits” can be incredibly lucrative, and M13’s track record shows Carter’s knack for picking winners. This venture capital work is likely the biggest driver of his wealth today, though exact figures are tough to nail down because startup investments can fluctuate in value.
Writing and Media: Sharing His Expertise
Carter’s not just a businessman—he’s also an author and media personality. In 2018, he and Courtney wrote a book called Shortcut Your Startup: Ten Ways to Speed Up Entrepreneurial Success. The book draws on their experiences with VEEV and M13, offering practical advice for entrepreneurs. It’s been well-received, selling well on Amazon and adding to Carter’s income through royalties. While it’s not his main money-maker, it’s helped cement his reputation as a thought leader in the business world.
He’s also appeared on TV shows like Hatched, where entrepreneurs pitch their ideas, and has been a guest commentator on networks like CBS and Fox. Carter writes for outlets like Huffington Post and Inc., sharing insights on startups and business. These gigs bring in extra income and keep him in the public eye, which can lead to more opportunities.
Other Investments and Assets
Carter’s wealth isn’t just from VEEV and M13. He’s made smart personal investments, like an $8.4 million oceanfront home in Malibu that he and Paris Hilton bought in 2021 (sadly, it was destroyed in the 2024 Los Angeles wildfires). They now live in a 14,000-square-foot mansion in Beverly Park, which likely cost a pretty penny. These real estate purchases show Carter’s ability to use his wealth to invest in high-value assets.
He’s also involved in philanthropy, which doesn’t directly add to his net worth but reflects how he uses his money. In 2025, Carter and Paris pledged $25,000 to support 50 women-owned businesses affected by the Eaton Fires, showing their commitment to giving back.
Carter Reum Net Worth: A Table Breakdown
To make sense of Carter’s wealth, here’s a table summarizing his estimated net worth and the sources contributing to it. Keep in mind that exact figures are hard to confirm because of the private nature of his investments.
Source of Wealth |
Estimated Contribution |
Details |
---|---|---|
VEEV Spirits Sale |
$35 million+ |
Co-founded in 2007, sold to Luxco in 2016 for over 7x annual revenue ($10M). |
M13 Ventures |
$10–$15 million+ |
Co-founded in 2016; investments in Lyft, Pinterest, Snapchat, SpaceX, etc. |
Book Royalties |
$100,000–$500,000 |
Co-authored Shortcut Your Startup (2018), sold well on Amazon. |
Media Appearances |
$50,000–$200,000 |
Guest on CBS, Fox, and Hatched; contributor to Huffington Post, Inc. |
Real Estate Investments |
$5–$10 million |
Owned $8.4M Malibu home (destroyed in 2024); now lives in Beverly Park mansion. |
Other Investments |
Unknown |
Likely has additional private investments not publicly disclosed. |
Total Estimated Net Worth |
$20–$50 million |
Varies by source (Celebrity Net Worth: $20M; Finty: $40M; Blogstrove: $40–$50M). |
Note: These figures are estimates based on public sources and may not reflect Carter’s exact wealth due to private investments and market fluctuations.
Comparing Carter’s Wealth to Paris Hilton’s
Carter’s net worth is impressive, but it’s often compared to his wife’s. Paris Hilton, a media personality, model, and entrepreneur, has an estimated net worth of $300 million, according to Celebrity Net Worth. Her wealth comes from her fragrance empire (which has generated over $2 billion in revenue), DJing gigs, brand partnerships, and her media company, 11:11 Media. While Carter’s fortune is smaller, their combined wealth—estimated at $320–$350 million—makes them a true power couple.
Interestingly, Carter and Paris don’t seem bothered by the gap in their fortunes. In a 2023 Fortune interview, Carter said Paris’s success in the “creator economy” inspires his own work, and he sees their partnership as a team effort. They’ve never publicly discussed whether they have a prenup, but given their business savvy, it’s likely they’ve planned their finances carefully.
Carter’s Personal Life and Its Impact on His Wealth
Carter’s marriage to Paris Hilton in November 2021 brought him into the spotlight, but he was already successful before they tied the knot. They started dating in 2019, got engaged in February 2021, and welcomed two children via surrogate: a son, Phoenix, in January 2023, and a daughter, London, in November 2023. Carter also has a daughter, Evie, from a previous relationship with actress Laura Bellizzi, whom he supports financially.
His high-profile marriage has boosted his visibility, which can indirectly add to his wealth through new business opportunities or media deals. For example, their wedding was featured in the docuseries Paris in Love on Peacock, which likely brought in extra income. However, Carter’s wealth was built independently through his business ventures, not through Paris’s fortune.
Why Carter’s Net Worth Is Hard to Pin Down
You might wonder why estimates of Carter’s net worth vary so much. As a venture capitalist, much of his wealth is tied to startup investments, which aren’t always liquid (meaning he can’t easily turn them into cash). The value of these investments depends on how well the companies do, and that can change over time. Plus, Carter keeps his financial details private, so we’re relying on estimates from sources like Celebrity Net Worth, Finty, and Blogstrove. These sources use public data, like the VEEV sale and M13’s portfolio, to make educated guesses.
Another factor is that Carter comes from a wealthy family. His father’s success at Amsted Industries likely gave him a head start, but there’s no evidence he inherited massive wealth. Most reports suggest his fortune is self-made through his businesses.
What Makes Carter Reum’s Story Inspiring?
Carter’s journey shows that success comes from a mix of education, hard work, and taking risks. He didn’t just rely on his family’s wealth—he studied economics, worked at Goldman Sachs, and then took a leap to start VEEV with his brother. When that succeeded, he moved on to M13, betting on new companies that have changed the way we live (think Lyft or Snapchat). His book and media appearances show he’s passionate about helping others succeed, too.
For anyone reading this—whether you’re a teenager dreaming of starting a business or an adult looking for inspiration—Carter’s story is a reminder that you don’t need to be famous to make it big. It’s about spotting opportunities, working hard, and learning from every step along the way.
Looking Ahead: What’s Next for Carter Reum Net Worth?
At 44 years old, Carter is still in the prime of his career. M13 continues to grow, with investments in cutting-edge startups that could push his net worth even higher. His partnership with Paris Hilton, both personally and professionally, opens doors to new ventures, like their joint philanthropy efforts or potential media projects. Plus, as a father of three, he’s balancing family life with his business ambitions, which shows he’s not just chasing money but building a meaningful legacy.