Carter Reum, a name that resonates in both entrepreneurial and celebrity circles, has carved a remarkable path as a venture capitalist, author, and innovator. Best known as the husband of socialite Paris Hilton, Reum’s financial success stems from his sharp business acumen and strategic investments. As of 2025, Carter Reum net worth is estimated to be between $20 million and $50 million, a testament to his ventures in spirits, venture capital, and media. This article delves into how he built his wealth, his career milestones, and the personal life that complements his financial story—all in a clear, engaging, and reader-friendly format.
Early Life and Education
Born on February 5, 1981, in Wayne, Illinois, Carter Milliken Reum grew up in a family steeped in business. His father, W. Robert Reum, was the chairman and CEO of Amsted Industries, a Chicago-based manufacturing giant ranked among Forbes’ largest private U.S. companies. With siblings Courtney and Halle, Carter was exposed to entrepreneurship early on. He attended Columbia University, graduating in 2003 with a degree in Economics, which equipped him with the financial foundation to launch his career. This academic grounding set the stage for Carter Reum net worth, as he ventured into the corporate world with ambition and insight.
Building VEEV Spirits: A Breakthrough Venture
In 2007, Carter and his brother Courtney co-founded VEEV Spirits, a pioneering liquor brand centered on açaí-infused vodka. Launched in Beverly Hills, VEEV stood out for its eco-friendly approach, becoming the first carbon-neutral spirits brand. By 2011, Inc. Magazine named it one of the 250 fastest-growing brands in the U.S., with annual revenues reportedly reaching $10 million. The company’s innovative marketing and health-conscious appeal led to its acquisition by Luxco in 2016 for an undisclosed sum, rumored to be over seven times its revenue—potentially $70 million or more. Split with his brother, this deal significantly boosted Carter Reum net worth, marking a major milestone in his entrepreneurial journey.
M13 Ventures: A Venture Capital Powerhouse
Following VEEV’s success, Carter and Courtney launched M13 Ventures in 2016, a Los Angeles-based venture capital firm focused on consumer technology and products. M13 has invested in high-profile startups like Lyft, Snapchat, Ring, Daily Harvest, and SpaceX, earning a reputation for strategic guidance and growth acceleration. Recognized as the 14th top performer in the 2023 HEC-Dow Jones Venture Capital Performance Ranking, M13’s portfolio has generated substantial returns, contributing millions to Carter Reum net worth. Carter’s role as co-founder and advisor, including board positions at Daily Harvest and LACMA, underscores his influence in the startup ecosystem.
Authorship and Media Presence
Carter’s thought leadership extends to authorship. In 2018, he and Courtney co-authored Shortcut Your Startup: Speed Up Success with Unconventional Advice from the Trenches, a book offering practical insights for entrepreneurs. Published by Random House, it draws on their experiences with VEEV and M13, earning praise for its actionable advice. Royalties and speaking engagements tied to the book add a modest but steady stream to Carter Reum net worth, estimated at $100,000–$500,000.
His media presence further amplifies his brand. Carter has appeared as a guest commentator on Fox, CBS, and Bloomberg, and featured in reality TV, including Hatched (2016) and Paris in Love (2021–2023), which chronicled his romance with Paris Hilton. As a contributing writer for Inc. and Huffington Post, he shares business expertise, enhancing his visibility and earning potential. These endeavors, while secondary, diversify his income.
Real Estate and Lifestyle
Carter’s wealth is reflected in his real estate portfolio. In August 2021, he and Paris Hilton purchased an $8.4 million Malibu beachfront mansion, a two-story property ideal for their growing family. In February 2023, they leased a $21.5 million Beverly Park mansion, renting it out for $160,000 monthly, showcasing Carter’s knack for lucrative investments. These properties, valued at $30–$40 million combined, are a significant component of Carter Reum net worth.
His lifestyle blends luxury and relatability. Carter enjoys travel, tennis, and gourmet dining, often shared on Instagram (600,000 followers). His $1 million engagement ring for Paris, designed by Jean Dousset, and their lavish 2021 wedding at Barron Hilton’s Bel-Air estate highlight his affluent yet grounded persona. A car collection featuring a Tesla Model S and Range Rover, worth $200,000, complements his status.
Personal Life and Philanthropy
Carter married Paris Hilton in November 2021, after dating since 2019 and getting engaged in February 2021. They welcomed two children via surrogacy: son Phoenix (2023) and daughter London (2023). Carter also has a daughter, born in 2013, with former reality star Laura Bellizzi, a private aspect of his life that sparked public discussion. His commitment to fatherhood across both families is evident.
Philanthropy is a core value. Through VEEV and M13, Carter supports environmental causes and socially responsible startups. He backs nonprofits like Pencils of Promise, focused on global education, and The Art of Elysium, aiding hospitalized youth. These efforts, while not directly impacting Carter Reum net worth, enhance his reputation as a socially conscious entrepreneur.
Controversies and Resilience
Carter’s public life has been relatively scandal-free, though his high-profile marriage and past relationship with Bellizzi have drawn scrutiny. In 2021, tabloids speculated about his daughter’s upbringing, but Carter has maintained privacy, focusing on his business and family. His ability to navigate media attention, especially alongside Paris Hilton’s $300 million fortune, underscores his resilience and keeps Carter Reum net worth stable.
Carter Reum’s Net Worth in 2025
As of 2025, Carter Reum net worth is estimated at $20–$50 million, with sources like Celebrity Net Worth citing $20 million and others, like Glassespeaks, suggesting up to $50 million. His wealth stems from VEEV’s sale ($10–$35 million), M13’s returns ($10–$20 million), real estate ($10–$15 million), and media ventures ($1–$5 million). At 44, Carter’s diversified portfolio and ongoing investments position him for continued growth.
Conclusion
Carter Reum net worth of $20–$50 million reflects a journey of innovation and strategic risk-taking. From launching VEEV Spirits to steering M13 Ventures, he’s built a fortune independent of his famous wife, Paris Hilton. His real estate savvy, authorship, and philanthropy add depth to his financial legacy. As he balances family life and new ventures, Carter Reum remains a dynamic force in entrepreneurship, proving that his wealth is as much about vision as it is about dollars.
Frequently Asked Questions (FAQs)
1. What is Carter Reum net worth in 2025?
Carter Reum net worth is estimated at $20–$50 million, driven by VEEV Spirits’ sale, M13 Ventures’ investments, real estate, and media projects.
2. How did Carter Reum make his money?
Carter built his wealth through co-founding VEEV Spirits (sold in 2016), launching M13 Ventures with investments in Lyft and Snapchat, co-authoring Shortcut Your Startup, and real estate deals like a $21.5 million Beverly Park mansion.
3. How does Carter Reum net worth compare to Paris Hilton’s?
Carter Reum net worth of $20–$50 million is significantly less than Paris Hilton’s $300 million, which comes from her entertainment empire, fragrances, and endorsements, but their combined wealth makes them a power couple.
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