Carter Reum, an American entrepreneur, venture capitalist, and author, became a familiar name partly due to his marriage to Paris Hilton, a renowned media personality, model, and businesswoman. However, his rise to financial success is based on more than just these associations. Reum has carved a distinct place for himself in the business world, thanks to his innovative ventures and entrepreneurial spirit.
Here’s an engaging look at Carter Reum’s background, career accomplishments, and financial footprint.
Who Is Carter Reum?
Born on February 5, 1981, in Wayne, Illinois, Carter Reum was raised in a successful family. His father, Robert Reum, was a prominent business leader as the president, chairman, and CEO of Amsted Industries, one of the United States’ largest private companies. Carter grew up alongside his siblings Courtney and Halle and attended Glenbard South High School before heading to Columbia University, where he graduated in 2003 with a degree in business and managerial economics.
Building a Net Worth of $20-$40 Million
Carter Reum has an estimated net worth ranging between $20 million and $40 million, driven largely by his entrepreneurial endeavors. Here’s a breakdown of his key ventures and achievements:
Carter Reum’s Profile Summary
| Father | Robert Carter |
| Height in feet | 5’11” |
| Eye colour | Dark brown |
| Profession | Entrepreneur, venture capitalist, and author |
| Wife | Paris Hilton |
| Siblings | 2 (Courtney and Halle) |
| Religion | Christianity |
| Weight in kilograms | 165 |
| Zodiac sign | Aquarius |
| @carterreum_official | |
| Hair colour | Brown |
| Gender | Male |
| Education | Glenbard South High School, Columbia University |
| Ethnicity | White |
| Height in centimetres | 180 |
| Weight in pounds | 75 |
| Sexual orientation | Straight |
| Age | 44 years old (as of 2025) |
| Mother | Sherry Carter |
| Date of birth | 5 February 1981 |
| Place of birth | Wayne, Illinois, United States |
| Nationality | American |
| Net worth | $20 million—$40 million |
| Current residence | Beverly Park, Los Angeles, California, United States |
| Full name | Carter Milliken Reum |
| Relationship status | Married |
| Children | 3 (Phoenix, London, and Evie) |
1. Early Career in Venture Capital
Carter started his career at Champ Ventures in Sydney, where he worked on nurturing startups. He later joined Goldman Sachs as an investment banker alongside his older brother, Courtney. However, Carter decided to leave the corporate world in favor of creating his own path in entrepreneurship, a defining moment in his career.
Carter reflects positively on this decision, once stating, “My brother pushed me to think outside of the traditional path and onto something more entrepreneurial. This experience wouldn’t have been possible if I’d stayed in investment banking.”
2. Co-Founding VEEV Spirits
One of Carter’s first major successes came in 2007 when he co-founded VEEV Spirits, an innovative alcohol brand known for its eco-friendly açaí-infused vodka. VEEV gained recognition as the first carbon-neutral spirits company and earned accolades such as a spot on Inc. Magazine’s 250 fastest-growing companies list. By 2016, the company was acquired by Luxco, boosting Carter’s reputation as a forward-thinking entrepreneur.
3. M13 Ventures
Carter further cemented his entrepreneurial legacy in 2016, co-founding M13, a venture capital firm focused on consumer tech and products. M13 has backed well-known companies like Snapchat, Lyft, and Ring, accelerating their growth with strategic guidance.
The venture capital firm specializes in optimizing scaling opportunities for startups, leveraging Carter’s expertise in consumer products and technology. Each investment reflects his ability to foresee what’s next for industries shaping the modern world.
4. Strategic Real Estate Investments
Carter and Paris have also ventured into luxury real estate. The couple owns an $8.4 million beachfront property in Malibu featuring a stunning oceanfront deck and outdoor Jacuzzi. Additionally, they secured a long-term lease for a 14,000 sq. ft. Beverly Park mansion valued at $21.5 million. Through real estate, Carter showcases his talent for diversifying assets while creating a luxurious lifestyle for his family.
5. Author and Thought Leader
Carter is also a published author of the bestselling book “Shortcut Your Startup”, co-written with his brother. Geared toward aspiring entrepreneurs, it provides practical advice on how to build and scale innovative companies by leveraging lessons from their entrepreneurial experiences.
Beyond writing, Carter frequently contributes to Inc. Magazine, sharing business advice and fostering knowledge in the entrepreneurial community. His thought leadership strengthens his reputation as a trusted voice in venture capital and consumer products.
Who is Wealthier – Paris or Carter?
Though Carter has built an impressive fortune, Paris Hilton undeniably possesses a much larger net worth, estimated at $300 million. Her diverse business ventures, from iconic fragrances generating billions in revenue to global DJ appearances and licensing deals, have catapulted her financial profile far beyond celebrity status.