Carter Reum, a successful entrepreneur, venture capitalist, and author, has garnered attention for his achievements and high-profile marriage to socialite Paris Hilton. But beyond his fame, one of the most asked questions about him is, “How much money does Carter Reum have?” With his diverse business ventures and strategic investments, Reum’s financial success is a testament to his entrepreneurial acumen.
What Does Carter Reum Do for a Living?
Carter Reum is best known as the co-founder of M13, a venture capital firm that invests in innovative and high-growth startups. M13 has supported companies like Lyft, Ring, Daily Harvest, and Pinterest, showcasing Reum’s knack for identifying promising businesses. Beyond M13, he’s also recognized for his earlier success with VEEV Spirits, an eco-conscious vodka brand he founded with his brother, Courtney Reum.
Reum’s expertise spans multiple industries, from technology to consumer goods. As an author, he’s contributed thought leadership through his book Shortcut Your Startup, offering advice to aspiring entrepreneurs. His multifaceted career reflects a combination of strategic vision and hands-on innovation, cementing his reputation as a modern-day business mogul.
Who Is Carter Reum Married To?
Carter Reum is married to Paris Hilton, an international celebrity, businesswoman, and media personality. The couple tied the knot in a lavish ceremony in November 2021, attended by family, friends, and numerous Hollywood stars. Their relationship has been widely celebrated, with Hilton often describing Reum as her “soulmate.” Together, they represent a power couple in both the entertainment and business worlds.
Does Carter Reum Have Children?
Yes, Carter Reum has children. In January 2023, he and Paris Hilton welcomed their first child, a baby boy born via surrogacy. The couple shared their joy publicly, expressing excitement about starting a family together. Reum also has a daughter from a previous relationship, highlighting his role as a devoted father.
What Is Carter Reum’s Book About?
Carter Reum co-authored the book Shortcut Your Startup with his brother, Courtney Reum. The book is a guide for aspiring entrepreneurs, offering practical advice and actionable insights to help startups succeed in competitive markets. It covers topics like leveraging technology, building efficient teams, and maintaining a growth-oriented mindset. The book draws from Reum’s personal experiences, providing a roadmap for achieving business success.
Where Did Carter Reum Go to School?
Carter Reum graduated from Columbia University, one of the most prestigious Ivy League institutions in the United States. During his time at Columbia, he cultivated the skills and knowledge that would later fuel his entrepreneurial journey. His education played a pivotal role in shaping his business acumen and fostering a deep understanding of market dynamics.
What Is M13?
M13 is a venture capital firm co-founded by Carter Reum and his brother, Courtney. Named after the brightest cluster of stars visible to the naked eye, M13 symbolizes the firm’s mission to illuminate the path for startups. The firm provides more than just financial support—it offers operational expertise, strategic guidance, and a robust network of resources. M13’s portfolio includes household names like Lyft, Pinterest, and ClassPass, underscoring its impact on the entrepreneurial ecosystem.
What Is VEEV Spirits?
VEEV Spirits is a premium vodka brand that Carter Reum co-founded with his brother in 2007. Positioned as a sustainable alternative to traditional spirits, VEEV gained recognition for its eco-friendly practices and unique açaí berry flavor. The brand’s innovative approach earned it numerous accolades, making it a standout in the competitive alcohol industry. Reum eventually sold the company, demonstrating his ability to build and exit successful ventures.
How Did Carter Reum Meet Paris Hilton?
Carter Reum and Paris Hilton first met through mutual friends. Their relationship blossomed over time, with Hilton often praising Reum for his kindness, intelligence, and support. The couple’s shared interests in business and philanthropy further strengthened their bond. Their engagement in February 2021 marked a turning point in their love story, culminating in their highly publicized wedding later that year.
What Is Carter Reum’s Family Background?
Carter Reum comes from a well-established family with a legacy of success. His father, Robert Reum, was the chairman, president, and CEO of Amsted Industries, a global manufacturing company. Growing up in such an accomplished family instilled a strong work ethic in Carter and his siblings. This foundation undoubtedly contributed to his entrepreneurial drive and achievements.
What Is Carter Reum’s Net Worth?
Carter Reum’s net worth is estimated to be around $40 million as of 2024. This wealth stems from his successful ventures with M13, his previous business VEEV Spirits, and strategic investments in high-profile startups. His marriage to Paris Hilton, who has an estimated net worth of $300 million, further amplifies their combined financial standing.
What Businesses Has Carter Reum Invested In?
Through M13, Carter Reum has invested in numerous successful businesses. These include:
- Lyft: A leading ridesharing platform.
- Ring: A smart home security company acquired by Amazon.
- Daily Harvest: A subscription-based meal delivery service.
- Pinterest: A visual discovery engine and social media platform.
His investment portfolio reflects his ability to identify and support innovative companies poised for long-term growth.
What Books Has Carter Reum Written?
Carter Reum co-wrote Shortcut Your Startup: Speed Up Success with Unconventional Advice from the Trenches. The book distills lessons from his entrepreneurial journey, providing actionable strategies for aspiring business leaders. Its practical approach and relatable anecdotes have made it a popular read among startup founders.
The Bottom Line
Carter Reum is more than just a venture capitalist—he’s a multifaceted entrepreneur, author, and family man. His ability to build successful businesses, invest strategically, and maintain a high-profile yet grounded personal life makes him an inspiring figure. From his ventures with M13 and VEEV Spirits to his family life with Paris Hilton, Reum’s journey exemplifies the rewards of hard work, vision, and resilience.
