Carter Reum is a name that resonates with innovation, entrepreneurial spirit, and significant influence in the business world. Known as an American entrepreneur, author, and venture capitalist, Reum has made substantial contributions across various industries.
His journey is marked by the creation of successful ventures, impactful investments, and a commitment to philanthropy. This article delves into the life, achievements, and Carter Reum net worth, offering a comprehensive view of his remarkable career.
Biography
Attribute | Details |
Full Name | Carter Milliken Reum |
Nickname | Carter |
Gender | Male |
Birthday | February 5, 1981 |
Age | 43 years |
Birthplace | Wayne, Illinois, USA |
Current Residence | Los Angeles, California, USA |
Zodiac Sign | Aquarius |
Nationality | American |
Ethnicity | Caucasian |
Education | Columbia University (Economics) |
Profession | Entrepreneur, Author, Venture Capitalist |
Father | Robert Reum |
Mother | Sherry Reum |
Siblings | Courtney Reum (Brother) |
Marital Status | Married |
Spouse | Paris Hilton |
Children | Phoenix Baron Hilton Reum |
Height | 6 feet 1 inch (185 cm) |
Weight | Approximately 78 kg (172 lbs) |
Hair Color | Brown |
Eye Color | Brown |
Net Worth | $45 million |
Source of Income | Business Ventures, Investments, Real Estate |
Social Media | Instagram, LinkedIn |
Who is Carter Reum?
Carter Reum is an accomplished American entrepreneur and author, widely recognized for his entrepreneurial pursuits and venture capital success.
Born on February 5, 1981, Reum has consistently demonstrated his ability to identify and capitalize on business opportunities. His influence extends beyond business, as he is also known for his marriage to Paris Hilton, a high-profile socialite and businesswoman.
Reum’s professional journey began with a strong foundation in education and early career experiences that set the stage for his later successes. His entrepreneurial ventures and investments have significantly impacted the consumer products and services industries, showcasing his keen eye for innovative opportunities and his dedication to driving growth.
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What is Carter Reum Net Worth?
Carter Reum net worth is estimated to be around $45 million. This impressive figure reflects his success as an entrepreneur, venture capitalist, and author. Reum’s wealth has been amassed through various successful business ventures, strategic investments, and his role as a co-founder of M13 Ventures.
His annual income, primarily derived from his flourishing business ventures and real estate investments, is estimated at $2 million. This consistent income stream highlights the ongoing success and stability of his entrepreneurial and investment activities.
Education and Early Career
Carter Reum’s educational journey began at Columbia University, where he graduated with a degree in economics in 2003. During his time at Columbia, Reum was affiliated with the Zeta Beta Tau fraternity, which played a significant role in shaping his social and professional network.
His entrepreneurial spirit was evident even during his college years, as he launched multiple business ventures that laid the groundwork for his future successes.
After graduation, Reum joined Goldman Sachs as an investment banker. This experience at a leading financial institution allowed him to gain valuable insights into the world of finance and sharpen his financial acumen.
His time at Goldman Sachs provided him with a solid foundation in investment strategies and corporate finance, which would later prove invaluable in his entrepreneurial and venture capital pursuits.
Spirits Entrepreneurship
In 2007, Carter Reum co-founded VEEV Spirits, an eco-friendly liquor company, alongside his brother Courtney Reum. The company’s flagship product, VEEV Açaí Spirit, quickly gained popularity for its unique flavor and commitment to sustainability.
VEEV Spirits became the first spirits brand to be certified as carbon neutral, highlighting the Reum brothers’ dedication to eco-friendly practices and innovation in the spirits industry.
The success of VEEV Spirits not only established Carter Reum as a prominent entrepreneur but also demonstrated his ability to identify and capitalize on market trends. The company’s commitment to sustainability and social responsibility set it apart in a competitive industry, garnering significant attention and accolades.
Venture Capital Impact
In 2016, Carter Reum, along with his brother Courtney, launched M13, a venture capital firm focused on consumer products and services. M13 has since become an influential player in the startup ecosystem, with notable investments in companies such as Lyft, Ring, and Snapchat.
The firm’s success can be attributed to the Reum brothers’ strategic investment approach and their hands-on mentorship to portfolio companies.
M13’s impact extends beyond financial investments; it also provides valuable guidance and support to emerging entrepreneurs. The firm’s commitment to fostering innovation and growth in the consumer products and services sectors has solidified its reputation as a leading venture capital firm.
Author and Advisor
In 2018, Carter Reum co-authored the book “Shortcut Your Startup: Speed Up Success with Unconventional Advice from the Trenches” with his brother Courtney.
The book offers valuable insights and practical advice for aspiring entrepreneurs, drawing from the Reum brothers’ personal experiences in launching and growing their businesses. “Shortcut Your Startup” has been well-received for its actionable strategies and unique perspectives on entrepreneurship.
Reum’s role as an author and advisor extends his influence beyond his business ventures. His contributions to publications such as the Huffington Post and Inc. further establish his authority in the entrepreneurial space. Additionally, his guest appearances on networks like CBS and Fox have provided a platform for him to share his insights and inspire other entrepreneurs.
Giving Back
Carter Reum’s dedication to philanthropy is evident throughout his career. He has been actively involved in giving back to society, both personally and through his businesses. VEEV Spirits, for example, donated a portion of its proceeds to environmental causes, reflecting the company’s commitment to sustainability and social responsibility.
Reum is also a supporter of several non-profit organizations, including Pencils of Promise, which focuses on improving global education, and the Art of Elysium, which supports artists working with hospitalized youth. His philanthropic endeavors highlight his commitment to making a positive impact on society and supporting meaningful causes.
Private Life
Carter Reum’s private life has garnered significant media attention, particularly due to his relationship with Paris Hilton. The couple got engaged in February 2021 and married in November of the same year. They welcomed their first child together, a son named Phoenix Baron Hilton Reum, via surrogacy in January 2023.
Reum also has a child from a previous relationship with actress Laura Bellizzi. Despite his high-profile marriage and media attention, Reum has managed to maintain a balance between his personal and professional life, continuing to drive success in his entrepreneurial ventures.
Quick Facts
- Name: Carter Reum
- Birthdate: February 5, 1981
- Profession: Entrepreneur, Author, Venture Capitalist
- Education: Columbia University (Economics)
- Net Worth: $45 million
- Notable Ventures: VEEV Spirits, M13 Ventures
- Spouse: Paris Hilton
- Children: Phoenix Baron Hilton Reum
Final Thoughts
Carter Reum’s journey is a testament to the power of innovation, strategic thinking, and a commitment to positive impact. From his early days at Columbia University to his successes with VEEV Spirits and M13 Ventures, Reum has consistently demonstrated his ability to drive growth and foster innovation. His philanthropic endeavors further highlight his dedication to giving back to society and supporting meaningful causes.
Carter Reum net worth of $45 million reflects his significant contributions to the entrepreneurial and venture capital landscapes. As an author, advisor, and philanthropist, he continues to inspire and influence aspiring entrepreneurs and business leaders. Carter Reum’s story is one of determination, success, and impact, making him a notable figure in the world of business and beyond.
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FAQs
Q: What achievements is Carter Reum recognized for?
A: Carter Reum is recognized for founding the alcohol brand VEEV Spirits and authoring the book “Shortcut Your Startup: Ten Ways to Speed Up Entrepreneurial Success.”
Q: What is the estimated net worth of Carter Reum?
A: Carter Reum net worth is estimated to be around $45 million.
Q: How does Carter Reum primarily earn his income?
A: Carter Reum’s main sources of income stem from his prosperous business ventures and real estate investments, contributing to an annual income of $2 million.
Q: What is M13 Ventures?
A: M13 Ventures is a venture capital firm co-founded by Carter Reum and his brother Courtney, focused on consumer products and services, with notable investments in companies like Lyft, Ring, and Snapchat.
Q: What philanthropic causes does Carter Reum support?
A: Carter Reum supports several non-profit organizations, including Pencils of Promise and the Art of Elysium, and has been involved in various philanthropic endeavors through his businesses.