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    Home » Carter Reum Net Worth: How the Entrepreneur Built His $40 Million Fortune
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    Carter Reum Net Worth: How the Entrepreneur Built His $40 Million Fortune

    Jason CarterBy Jason CarterMay 31, 2025Updated:May 31, 2025No Comments9 Mins Read11 Views
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    Carter Reum is a name that raises eyebrows far beyond his marriage to Paris Hilton – he’s an individual who’s made a name for himself in the world of entrepreneurship and venture capitalism. Reum was born on February 5, 1981, and his path to the household name was nothing short of an inspiration.

    He has been listed as a billionaire whose estimated net worth has been around $20 and $40 million in 2025 due to various investments, business deals, and partnerships throughout his career. But how hard is it to build such a financial empire?

    In this post, we will look into Carter Reum’s net worth, business career, relationship with his wife, Paris Hilton, his family life, and the business endeavors that made him who he is. Reum’s life—from early days as a corporate finance and -investment banking professional to eventually becoming a full-time entrepreneur—is just one example of how hard work combined with intelligent risk-taking can lead to success no matter the industry.

    Whether you want to know about Carter Reum Net Worth before Paris Hilton, his real estate investments, or his family life, this article has all the necessary information.

    Quick Bio Table: Carter Reum

    AttributeDetails
    Full NameCarter Milliken Reum
    Date of BirthFebruary 5, 1981
    Age (2025)44
    Place of BirthWayne, Illinois, USA
    NationalityAmerican
    EducationColumbia University (Bachelor’s in Business and Managerial Economics, 2003)
    ProfessionEntrepreneur, Venture Capitalist, Author
    Net Worth (2025)$20 million – $40 million
    SpouseParis Hilton (Married in 2021)
    Children3 children (Phoenix, London, Evie)
    Notable VenturesVEEV Spirits, M13 Ventures
    Real Estate InvestmentsBeachfront mansion in Malibu ($8.4 million), Beverly Park mansion ($21.5 million lease)
    Social Media@carterreum

    What Was Carter Reum’s Corporate Career Like?

    How Did Carter Reum’s Early Life Shape His Career

    Carter Milliken Reum is the son of Sherry and Robert Reum and was born in Wayne, Ill. His father was a prominent figure in the business world, the president, chairman, and chief executive of Amsted Industries, a major player in the Chicago business community. Amsted Industries is a private company that ranks among the largest firms in the United States, giving Carter a unique view of business and finance.

    Reum was raised in a wealthy family and had access to a top-notch education. He graduated from Glenbard South High School and attended Columbia University in New York in 1999. He majored in business and managerial economics at Columbia, where he completed his degree in 2003. His education at Columbia was a turning point – not just in terms of his academic journey but also because it profoundly influenced his entrepreneurial direction in life. Reum was affiliated with the Zeta Beta Tau fraternity, a co-ed network that would prove useful for his future business ventures.

    What Was Carter Reum’s Corporate Career Like?

    After graduating from Columbia, Carter Reum headed for Wall Street. Specifically, he took the job of an investment banker at the prestigious Goldman Sachs. Carter’s responsibilities included scouting and incubating startups, which later influenced his life as an entrepreneur. However, despite the respect and a stable income, the young entrepreneur longed for more. 

    In 2006, after only two years at the bank, he decided to quit and embark on opportunities where he could have a more direct and palpable impact on the growth of emerging companies. Ultimately, this was the starting point of his business path, which later acquired some of the most outstanding companies. 

    What Was VEEV Spirits, and How Did It Shape Carter Reum’s Success?

    What Was VEEV Spirits, and How Did It Shape Carter Reum’s Success?

    After leaving the bank in 2006, he started his path of entrepreneurship the very next year. Together with his brother Courtney Reum, he founded VEEV Spirits, which would later become an icon of ecology-conscious and growth-focused entrepreneurship. Since acai-infused vodka was an actual hit in the market, as people started paying more attention to ecology, their brand, the first carbon-neutral distillery, became exceedingly popular. 

    As a result, VEEV joined Inc. Magazine’s 5000 list of fastest-growing privately-held companies in the United States, significantly contributing to the rising fame of Reum brothers in the business. Beyond the drink that was new to the market, VEEV became a lucrative venture because it was built around an ideology. Thus, health-aware drinking choices produced a new trend and demand, which were excitedly joining, making VEEV a popular drink among numerous individuals. 

    The culmination of this success happened in 2016 when VEEV was acquired by LUXCO, a beverage giant, for an unrevealed sum. Due to this acquisition, Carter Reum made his first serious fortune. He sold VEEV and other advantageous ventures, signposting his route to economic success.

    How Did M13 Ventures Uplift Carter Reum’s Entrepreneurial Journey?

    Carter and his brother Courtney founded the venture capital firm M13 Ventures, which invests in consumer products and services, in 2016. M13 Ventures got a hot start in venture capital, investing in some of the past decade’s most dominant tech and consumer hits, including Lyft, Ring, and Snapchat. M13 was one of the handful of U.S.-based companies named into the top 20 ranking of the 2023 HEC-Dow Jones Venture Capital Performance Ranking.

    The success of this venture capital confirmed Carter Reum’s prowess as an investor with an authentic talent for tracking down promising companies in their early stages, which have the potential to grow fast. M13 has been the driving force behind these companies’ success by funding, advising, and aiding in operations for these startups.

    The company’s success in finding world-class startups and hands-on approach to investing has established M13 as a prominent firm in the venture capital industry. The payoffs from investments such as this are still helping Carter Reum expand his already impressive net worth and are part of why he’s one of the most promising entrepreneurs to watch in tech and consumer.

    How Has Carter Reum Expanded His Wealth Through Real Estate?

    The business wasn’t the only lucrative thing that Carter Reum and Paris Hilton participated in. Among their well-publicized purchases is a two-story beachfront mansion in Malibu, Calif., which they scooped up in 2021 for $8.4 million. The mansion showcases beautiful views and luxury facilities such as a Jacuzzi and oceanfront deck – a tribute to the couple’s high-end lifestyle.

    In February 2023, the Reums signed a long-term lease for a $21.5 million mansion in Beverly Park, Los Angeles. The property, which was most recently listed for rent at $160,000 a month, has 14,000 square feet of space, seven bedrooms, and 11.5 bathrooms. These properties are profitable for the couple as they enjoy a luxurious lifestyle, and they are also significant sources that add to Carter Reum Net Worth.

    How Has Carter Reum’s Marriage to Paris Hilton Impacted His Public Life?

    How Has Carter Reum’s Marriage to Paris Hilton Impacted His Public Life?

    Carter Reum’s private life has been a subject of much media interest because of his public romance with Paris Hilton. The couple were married in a lavish ceremony in November 2021 at a Beverly Hills estate. The wedding was luxurious; reports have pegged the price at $3 million.

    Paris Hilton—whose current estimated net worth is $300 million in 2025—is a major influence on Carter’s public persona. But even amid the focus on his connection to Hilton, Reum has been a proponent of his self-made status. The pair have three children together: Phoenix, London, and Evie.

    Carter’s daughter Evie, with whom Carter had previously been in a relationship with Laura Bellizzi, is also part of this Reum family picture. The family lifestyle is frequently showcased in the media, and Reum’s business, family, and personal life have been the subject of public interest.

    What Was Carter Reum Net Worth Before Paris Hilton?

    What Was Carter Reum Net Worth Before Paris Hilton?

    Carter Reum’s net worth was impressive before marrying Paris Hilton. With early startups like VEEV Spirits and his time at M13 Ventures under his belt, he was already set up to be a successful entrepreneur with a strong financial base. Reum had already established a successful career in the business world before his relationship with Hilton, which pushed him further into the public eye.

    What Other Media and Public Projects Has Carter Reum Been Involved With?

    Carter Reum has also been involved in several media projects alongside his business ventures. He writes for Inc. Magazine and the Huffington Post and contributes to TV shows such as Hatched, Swaay, and others discussing business and entrepreneurship. Reum’s talent for expressing his expertise across multiple media platforms has helped him become a thought leader in the entrepreneurial landscape.

    Conclusion: Carter Rheum’s Path to Success

    Carter Reum’s magical career to wealth and success came through timing, a flair for business, and never taking no for an answer in his entrepreneurial pursuits. With a fortune valued at somewhere between $20 million and $40 million as of 2025, he amassed his wealth via smart investments, entrepreneurial endeavors (including VEEV Spirits and M13 Ventures), and real estate.

    His high-profile romance with Paris Hilton has drawn all the more interest to his life, but Carter Reum’s wealth was self-made and hinges on his entrepreneurial skills. While he is now splitting his time between investing in new ventures and raising a family with Hilton, Reum’s future is bright. His journey exemplifies risking big, investing wisely, and remaining steadfast in your startup vision.

    FAQ Section

    1. Who is richer, Paris or Carter?

    Paris Hilton is much richer than her husband, Carter Reum. Perysingergroup.com reports that Paris Hilton’s net worth is reportedly $300 million, while Carter Reum net worth is between $20 million and $40 million. Paris has built up her fortune thanks to her successful business ventures, such as her lucrative fragrance line.

    2. Does Carter Reum pay child support?

    Yes, Carter Reum pays child support for his daughter, Evie, whom he shares with his previous relationship. The details of the child support agreement are not public, but we know that Reum’s child leads a pretty modest life, unlike him and his wife, Paris Hilton.

    3. How many carats is Paris Hilton’s engagement ring?

    Paris Hilton’s engagement ring from Carter Reum features a massive 20-carat diamond. Due to its huge size and sparkle, it is one of the most discussed celebrity engagement rings.

    4. How much did Paris Hilton’s wedding cost?

    The Paris Hilton and Carter Reum wedding in November 2021 was estimated at $3 million. The pair married at a Beverly Hills mansion formerly owned by the Hilton family.

    5. Is Paris happy with Carter?

    Paris Hilton says she’s over the moon about her relationship with Carter Reum. The couple’s three-day wedding celebration was “magical.” The two consider their relationship a modern fairytale, and Hilton has said that her family brings her great happiness.

    carter reum carter reum age carter reum height carter reum net worth carter reum paris hilton carter reum paris hilton wedding who is carter reum
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    Jason Carter

    Hi, I am Jason Carter, The founder and editor-in-chief of HabitAdvisors.com, a fast-growing platform known for insightful content across business, tech, health, finance, and pop culture. With over a decade of experience in digital publishing and SEO-driven content strategy, I have built Habit Advisors into a trusted destination for readers seeking practical knowledge and thought-provoking perspectives.

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