Paris Hilton's Husband’s Net Worth

As of 2024, Carter Reum is an American entrepreneur and author with a net worth of $20 million, as reported by Celebrity Net Worth. Carter Reum's journey to his current net worth of $20 million has been marked by strategic investments, successful entrepreneurial ventures, and a strong focus on building recognizable brands. Ten years ago, his net worth was estimated to be around $10 million, showing significant growth over the years. Reum co-founded the premium spirits company VEEV Spirits in 2007, which became a market leader in the spirits industry and was recognized as one of Inc. Magazine's 5000 fastest-growing private companies in the United States in 2018. Due to its success, VEEV Spirits was sold to Luxco for a price that exceeded seven times its annual income.

Later in the same year, Reum and his brother Courtney founded M13, a venture capital firm that has made investments in companies like Lyft, Pinterest, Snapchat, Ring, Bird, Warby Parker, and SpaceX.

Reum's investments in various industries, including tech startups, have contributed significantly to his net worth. Additionally, he has authored a book titled "Shortcut Your Startup: Ten Ways to Speed Up Entrepreneurial Success," which shares insights and advice for aspiring entrepreneurs based on his experiences.

Reum's significant income sources include his co-founded alcohol brand VEEV Spirits, his investment firm M13, and his book sales. He has also made money from his appearances on television shows and as a contributing writer for Huffington Post and Inc.

Additionally, he has also made money from child support for his daughter born in 2013 to former actress Laura Bellizzi. Reum does not have any social media accounts, and his net worth is not based on his followers or likes. He is a private person and prefers to keep his personal life out of the public eye.

VEEV Spirits

Carter Reum’s alcohol brand, VEEV Spirits, which he co-founded with his brother, Courtney Reum, in 2007 gained recognition for its innovative production of açaí fruit liquor and became one of the 5,000 fastest-growing private companies in the United States.

Investment firm M13

Carter Reum is a cofounder at M13, a venture capital firm. He has been instrumental in the firm's investment activities and strategic direction. M13 focuses on investing in technologies that it believes power the future of work, health, commerce, and money. Reum's involvement includes early investment in portfolio companies, some of which are now valued at over $1 billion each.

Carter Reum owns a beautiful Mediterranean-style mansion in Los Angeles that he shares with his wife, Paris Hilton, and was purchased for $5.9 million in 2007. Additionally, the couple also owns a home in Malibu. Additionally, they have a Tuscan-style Beverly Park mansion in Beverly Hills, California.