Get ready for a full deep dive into Carter Reum, his net worth, personal stats, ventures, background, and life with Paris Hilton, all in one engaging, natural‑tone read. Expect facts, tables, case studies, quotes, and plenty of insight.
Who Is Carter Reum? A Snapshot
Carter Milliken Reum, born February 5, 1981, in Wayne, Illinois, is an American entrepreneur, author, investor, and business executive. He co‑founded VEEV Spirits and later the venture capital firm M13 Ventures, and co‑wrote the business advice book Shortcut Your Startup with his brother Courtney.
Detail | Information |
---|---|
Net Worth | $20 Million |
Age | 44 (born Feb 5, 1981) |
Height | 5 ft 11 in (1.8 m) |
Weight | ~165 lb (75 kg) |
Profession | Entrepreneur, Investor, Author |
Nationality | American |
He’s also known for being married to Paris Hilton, which brought him into the limelight.
What Is Carter Reum’s Net Worth in 2025?
Public estimates consistently place his net worth at around $20 million. Some outlets suggest a range up to $40 million due to private equity and venture holdings, but $20 million remains the widely cited figure.
How he made that wealth:
- VEEV Spirits: Launched in 2007 with his brother Courtney, built a carbon-neutral açaí-infused liquor brand. Named one of Inc’s fastest‑growing private firms. They exited by selling to Luxco around 2016.
- M13 Ventures: Founded in 2016. Early investments include startups like Lyft, Ring, Snapchat, Pand interest—some have gone public or got acquired. Funds now reportedly exceed $1.3 billion in assets.
- Shortcut Your Startup: Business advice book published in 2018. Influential in entrepreneurship circles.
Comparison Table: Wealth Sources
Venture | Role | Financial Impact |
---|---|---|
VEEV Spirits | Co‑founder | First major liquidity from brand sale |
M13 Ventures | Co‑founder, Investor | Private equity gains, market growth |
Publishing & Media | Author, Speaker | Royalty income, brand recognition |
Even though Paris Hilton’s net worth (≈$300 million) dwarfs his own, Carter Reum forged much of his fortune independently before their public relationship.
Carter Reum’s Age, Height & Weight: Quick Stats
- Age: 44—celebrated birthday on February 5, 2025.
- Height: Listed at 5 ft 11 in (approximately 1.8 meters).
- Weight: Around 165 lb (75 kg)—public sources give a rough figure.
He stays relatively fit, consistent with an active business lifestyle.
Early Life & Education
Growing up in an entrepreneurial family, Carter’s father was the CEO of Amsted Industries, a top‑ranked US private firm. He graduated from Glenbard South High School, then earned a degree in economics from Columbia University in 2003. During college, he built early ventures and joined the Zeta Beta Tau fraternity.
Post‑graduation, he joined Goldman Sachs as an investment banker, where he refined his financial acumen before leaving to launch VEEV Spirits with Courtney.
VEEV Spirits: A Case Study in Disruption
In 2007, the Reum brothers created VEEV Spirits, a spirits brand infused with açaí. They committed to eco‑friendly practices, becoming the first carbon-neutral spirits label in the U.S.
- Product: VEEV Açaí Spirit, followed by VitaFrute pre-mixed cocktails.
- Growth: Recognized by Inc. as one of the fastest-growing private companies.
- Exit: Sold to Luxco in 2016; revenue reportedly over $10 million before sale.
Takeaway: They leveraged consumer trends in health and sustainability, built a strong brand, then sold at seven times revenue—a textbook startup success.
M13 Ventures: Building a Modern Venture Capital Powerhouse
Founded in 2016, M13 merges consumer-brand strategy with venture investing. Carter leads with an eye for scalable trends—health, tech, lifestyle.
- Portfolio Highlights: Early backing of Lyft, Ring, Snapchat, Pinterest, SpaceX, and ClassPass.
- Recognition: Ranked 14th globally in the 2023 HEC‑Dow Jones VC rankings—one of only eight U.S. firms in the top 20.
- Assets Under Management: Exceeds $1.3 billion; strong track record of exits and unicorn outcomes.
M13’s model encourages operator‑investors, hands‑on mentorship, and product-first mentality—principles featured in their investing philosophy.
Shortcut Your Startup: The Book That Matters
Co-authored with his brother in 2018, Shortcut Your Startup offers ten unconventional lessons to speed up entrepreneurial success. Based on real experiences founding VEEV and building M13.
Highlights include:
- “Simplify your core offering before scaling.”
- “Hire slow, fire fast”
- “Listen to customers, not just data”
The book resonated with startup founders seeking actionable, no-nonsense advice — offering both wisdom and real-world case studies.
Personal Life: Family, Marriage to Paris Hilton & Parenthood
- Became engaged to Paris Hilton in February 2021, married on November 11, 2021, in a lavish Bel‑Air ceremony held on 11/11, reflecting Hilton’s favorite number.
- Became public in late 2019 after reconnecting via Hilton’s friendship with his sister Halle.
Children
- One daughter (from a previous relationship with Laura Bellizzi, born 2013) and two via surrogacy with Paris:
- Phoenix Barron Hilton Reum (born January 2023)
- London Marilyn Hilton Reum (born November 2023).
Paris once reflected:
“I never thought I’d meet a man like him … who loves me for Paris and not Paris Hilton” .
Carter credited Paris as his “missing puzzle piece” and called himself lucky to build a life with her. Together, they keep low‑key routines like nightly bubble baths and family cuddles while balancing high-profile lives.
Philanthropy & Giving Back
Though philanthropy isn’t often in the headlines, Carter’s ventures reflect social responsibility:
- VEEV allocated part of the proceeds to environmental causes.
- M13 focuses on socially conscious consumer companies.
- Carter supports nonprofit groups like Pencils of Promise and Art of Elysium, helping youth, education, and creative arts.
He also mentors entrepreneurs from underserved communities—a personal priority aligned with his belief in impact beyond profits.
Media Presence & Recognition
Carter Reum appeared on the TV series Hatched and contributed to networks like CBS and Fox. He has written for HuffPost and Inc., sharing entrepreneurial insights. M13’s high performance earned global ranking recognition in 2023.
Fun Facts & Lesser‑Known Details
- Played college soccer at Columbia as a midfield player, influenced by discipline and teamwork from sports
- Known as an eco‑conscious traveler, often mentions carbon‑neutral commitments from his VEEV days.
- Stylish yet understated—Paris has noted his preference for simplicity and consistency over glam flashes.
Carter Reum’s Legacy & Future Plans
What’s next for this entrepreneur, author, and investor?
- Leading M13 into new sectors: Web3, green tech, health & wellness brands.
- Expanding his author brand—offering more operational guides.
- Growing family life and philanthropy in education and climate action.
- Acting as a connector and mentor in the tech-lifestyle space.
He remains committed to building and investing with purpose, not just profit.
FAQs About Carter Reum
What is Carter Reum famous for?
He’s known for co‑founding VEEV Spirits, launching M13, writing Shortcut Your Startup, and as Paris Hilton’s husband.
How did Carter Reum make his money?
A combination of applying startup success with VEEV, capital returns from M13 investments, book income, and strategic branding.
Is Carter Reum a billionaire?
No—his net worth is widely estimated at $20 million, not yet billionaire level.
What’s his height and weight?
Approximately 5 ft 11 in (1.8 m) and 165 lb (75 kg).
Is he still active in M13?
Yes—he continues as co‑founder and active investor in M13’s day‑to‑day operations.
Final Thoughts on Carter Reum’s Journey
Carter Reum’s path blends entrepreneurial grit, strategic investing, and authored insights. He built VEEV Spirits from scratch, helped forge a powerhouse venture capital firm, and shared real lessons in Shortcut Your Startup. He did it before his highly visible marriage to Paris Hilton—yet even that doesn’t overshadow his business legacy.
If you’re an aspiring entrepreneur or startup investor, his story offers practical lessons: spot trends early, build brands with purpose, invest wisely, and never lose touch with authenticity.
Isa Bella is an experienced fashion blogger at Glow Trend Fashion, passionate about style, trends, and personal expression. With years of expertise in the fashion industry, she shares insightful tips, fashion guides, and the latest style updates.