Carter Reum's net worth is $20 million, but this figure barely scratches the surface of his complex financial world. Beyond the headlines about his marriage to Paris Hilton, you'll find an entrepreneur who built his wealth through smart business moves and calculated investments.

His success story reaches way beyond his personal fortune. His venture capital firm M13 Ventures has changed the investment landscape by backing companies like Lyft, Ring, Pinterest, SpaceX, and ClassPass.

M13 now manages over $1.3 billion in assets, growing from its first fund of $98 million. The firm's performance earned it the 14th spot in the 2023 HEC-Dow Jones Venture Capital Performance Ranking, placing it among the world's top venture capital firms.

Let's head over to the real story behind Reum's wealth and see how he built his billion-dollar empire from VEEV Spirits (the first carbon-neutral spirits brand) to M13 Ventures. We'll get into why pinpointing his exact worth isn't simple, how his business sense drove his success, and what his financial future might hold in 2025.

Carter Reum Net Worth in 2025: The Real Numbers

Experts face a challenge when they try to pinpoint how much Carter Reum is worth. Financial analysts and celebrity wealth trackers estimate his net worth between $20 million and $40 million as of 2025. This is a big deal as it means that the range shows how hard it is to calculate wealth for private investors and entrepreneurs.

Why estimates range from $20M to $40M

Several factors create this wide range in Carter Reum's reported net worth. Celebrity Net Worth, which people trust, puts his fortune at $20 million. Other financial publications push that number up to $40 million. Different wealth trackers use their own methods to evaluate private business assets, which leads to these varying numbers.

The timing of these valuations plays a vital role in the estimates. One source explains, "Estimating Carter Reum's net worth isn't straightforward, especially given the nature of his income". Market conditions, business performance, and investment success affect his wealth. This creates a moving target for analysts.

Limited access to financial information adds to the confusion. Reum doesn't have to share his complete financial portfolio with the public. Wealth trackers can only work with available data, which might not tell the whole story or be current.

How venture capital makes valuation tricky

Reum built much of his fortune in the venture capital industry, which makes wealth estimation complex. VC investments usually sit in private companies without public trading prices, unlike traditional assets with clear market values.

A financial analyst explains, "As a venture capitalist, much of his wealth is tied up in private deals, startup equity, and fluctuating market valuations". His true net worth depends on "exits, acquisitions, and how his fund's portfolio performs".

His role as M13 Ventures co-founder makes things even more complex. The company manages major assets, but figuring out Reum's personal stake needs details about ownership percentages and internal pay structures – information that isn't public.

What public sources say about Carter Reum worth

Some financial milestones help us learn about Reum's wealth-building experience. VEEV Spirits made it to Inc. Magazine's "500 Fastest-Growing Private Companies in America" list. The company hit $10 million in yearly sales before Luxco bought it for "more than seven times its revenue in 2016".

Some sources predict Carter Reum's net worth might hit $320 million by 2025. These numbers usually include guesses about his M13 Ventures equity, real estate, and media deals. Most respected financial publications stick to the $20-40 million range.

Reum's financial success goes beyond personal wealth. His achievements give him a chance to support charity projects that match his values. He and his brother wrote "Shortcut Your Startup: Ten Ways to Speed Up Entrepreneurial Success," sharing what they learned as entrepreneurs.

The Business Empire: From VEEV Spirits to M13 Ventures

Carter Reum took a brave step when he left his secure job at Goldman Sachs to become an entrepreneur. This bold decision shaped his growing net worth and made him a respected name in consumer products and venture capital.

The rise and sale of VEEV Spirits

VEEV Spirits became the life-blood of Carter Reum's business empire. He started it with his brother Courtney in 2007 after they both quit their Goldman Sachs jobs. The brothers showed true entrepreneurial spirit by selling their unique açaí-based spirit from their car trunk for six months.

VEEV became popular as the world's first carbon neutral spirit and stood out as an eco-friendly alternative to vodka. The company embraced green practices and gave 1% of sales to environmental causes through their 1% for the Planet® membership. This environmental focus struck a chord with millennial consumers and helped accelerate the company's growth.

VEEV Spirits grew into one of America's 5,000 fastest-growing private companies in just ten years, with yearly sales over $10 million. Inc. Magazine named it one of the "250 Fastest Growing Companies in the U.S.". The company also won the Technomic Fast 50 Award.

The Reum brothers sold most of VEEV Spirits to St. Louis-based Luxco in 2016. This is a big deal as it means that the sale price was seven times more than its revenue. This soaring win gave them the money and experience they needed for their next big project.

How M13 Ventures became a $1.3B powerhouse

Carter and Courtney Reum started M13 in 2016 after selling VEEV. They named it after the brightest star cluster in the Northern sky, showing their belief that they're "truly brighter together".

M13 stood apart from other venture capital firms because it put founders first. Carter explained, "While we were focused on building VEEV, we often worked with other brands as investors and board members with a very successful hands-on approach".

M13's growth tells an impressive story:

  • Fund I (2016): $92 million
  • Fund II (2019): $175-188 million
  • Fund III (2022): $400 million

M13 established itself as a leading consumer technology venture capital firm by 2022. They focused on seed through Series B startups. Their investments cover work, commerce, health, and money, with a growing interest in Web3 technologies.

Notable investments: Lyft, Pinterest, SpaceX

M13 started strong in 2016 with investments in over 50 companies. Their early success stories include:

  • Seven companies that reached unicorn status (valued at over $1 billion): Cabify, Cue, Daily Harvest, Matterport, Ring, Rothy's, and Transfix
  • Tech giants including Lyft, Pinterest, and SpaceX
  • Consumer brands like Warby Parker, Bonobos, and Blue Bottle Coffee

The firm invests in infrastructure that powers consumer brands. This approach works well, as shown by M13's ranking as the 14th top performer in the 2023 HEC-Dow Jones Venture Capital Performance Ranking.

M13 Ventures net worth and Reum's stake

Carter Reum's personal wealth ties closely to M13's success. The firm manages assets worth about $675 million across three funds ($92M + $188M + $400M), and its influence in venture capital keeps growing.

The company's portfolio has many successful exits and unicorn companies. However, Carter's exact stake remains private, making it hard to calculate his total net worth.

Early Life and Career Foundations

Carter Reum's path to wealth started well before his business success. His story began in Wayne, Illinois, where he was born on February 5, 1981, into a family that breathed business.

Family legacy: Robert Reum net worth and influence

His father, W. Robert "Bob" Reum, made his mark as the chairman, president, and CEO of Amsted Industries, one of America's largest private companies. Bob took the helm in 2001, and the company saw incredible growth with record earnings and a dramatic rise in share value. Forbes valued the company between $3.4 billion and $4.4 billion.

Bob Reum's life ended in 2017 due to cancer complications. His personal wealth stood between $6.1 million and $7 million. His greatest achievement was turning Amsted Industries into a 100% Employee Stock Ownership Plan (ESOP), which enabled staff to share the company's success.

Bob's business philosophy left an indelible mark on his son. Both Carter and his brother Courtney became successful entrepreneurs and credit their father's teaching of "leading from the back" for their achievements.

Education at Columbia University

Columbia University became Carter's academic home, where he graduated magna cum laude in 2003 with a bachelor's degree in economics. He joined the Zeta Beta Tau fraternity's Delta Chapter during his college years.

Learning was central to the Reum family values. His parents set high standards – his father earned his degree from Yale University and an MBA from Harvard Business School. This focus on education became the foundation of Carter's analytical business approach.

First job at Goldman Sachs and early lessons

Goldman Sachs welcomed Carter in 2004 to their investment banking division. He later called getting the Goldman job "the easiest job I ever got." Campus representatives came to Columbia, where a single interview led to a summer internship offer.

Carter worked with big names like Under Armor and Vitamin Water at Goldman Sachs. He saw this role not as his final destination but as a "two-year training ground" to build skills for future ventures.

This practical view shaped his next big move. In 2007, Carter and his brother Courtney left their secure Goldman Sachs positions to start VEEV Spirits. While others thought this was a "crazy" risk, Carter saw minimal downside in this business venture. This mindset proved valuable throughout his wealth-building experience.

The Paris Hilton Effect: Marriage, Media, and Money

Carter Reum and Paris Hilton's marriage goes beyond a personal connection—their powerful business alliance has raised Reum's profile and likely boosted his wealth. Their story began in 2019 and ended at the altar on November 11, 2021. They chose this date specifically for its "11:11" symbolism. This union has changed both their public image and financial world.

How their relationship boosted visibility

Reum kept a low public profile despite his business success before dating Hilton. Media attention surged after their relationship went public. "Obviously, the world knows my wife is Paris Hilton," Reum said.

His new spotlight created chances to share entrepreneurship and wealth-building wisdom. He showed his business expertise to a wider audience than ever before through various media appearances, including Hilton's reality show "Paris in Love."

Shared assets and lifestyle choices

The couple owns several luxury properties. Their 15,000-square-foot "dream house" features a wellness center and multiple studios. A 3,000-square-foot Malibu beachfront home joined their portfolio in summer 2021. Reports suggest they'll move to a Beverly Hills mansion—Mark Wahlberg's former home. This property spans six acres with a water slide and 5-hole golf course.

Smart financial planning shapes their shared lifestyle rather than wasteful spending. "Unlike some celebrity couples, they invest in stable, long-term value properties rather than flashy quick flips," one source explained.

Prenup rumors and financial independence

Reum focuses on his ventures more than fame while keeping his financial independence. Both partners brought substantial wealth to their marriage—Paris with her billion-dollar business empire and Reum with his entrepreneurial success.

How Paris Hilton's success supports Reum's ventures

Hilton's 11:11 Media platform takes a different path to business partnerships. She trusts her instinct over traditional metrics. Beyond emotional support, Hilton has changed Reum's outlook.

"Finding that life partner—who's going to be a teammate and who's going to make you the best version of yourself while you make them the best version of themselves—is no doubt about it, the most important decision," he told Fortune.

Their bond shows how personal connections can strengthen professional goals. Reum says Hilton makes him "feel so safe". She calls him "my best friend, my teacher, my lover, my confidant, and the father of our future children".

Philanthropy, Public Image, and Personal Life

Carter Reum puts significant resources into charitable work and social causes alongside his business success. His mother Sherry's community service shaped his philanthropic values from an early age.

Charity work and social causes

Philanthropy defines who Reum is, and he works with several organizations. The Art of Elysium receives his active support to bring creative experiences to hospitalized children. He also helps Pencils of Promise in their global education mission. His business decisions reflect this giving spirit – VEEV Spirits gave part of its profits to environmental causes.

Parenting and family priorities

Reum takes his role as a father seriously with three children in his life: son Phoenix and daughter London with Paris Hilton (born via surrogacy in 2023), and daughter Evie from his previous relationship with Laura Bellizzi. He maintains financial and emotional support for Evie despite their non-traditional relationship. The public got to see the Hilton-Reum family at the Young Hearts Friend Fest benefit in January 2025.

Public speaking and book authorship

Reum and his brother Courtney wrote "Shortcut Your Startup: Ten Ways to Speed Up Entrepreneurial Success" in 2018. His writing appears in Inc. magazine and Huffington Post. He shares his entrepreneurial knowledge through various speaking engagements.

Carter Reum's role in digital art and NFTs

The Los Angeles County Museum of Art board counts Reum among its members, where Hilton started an initiative supporting female digital artists. Reum explained to The Information that his NFT involvement comes from "the love of art, not the economic benefit".

Conclusion

Carter Reum built a billion-dollar empire through strategic entrepreneurship and investment expertise. His current net worth ranges between $20-40 million, which doesn't capture his true financial influence. M13 Ventures, under his leadership, manages over $1.3 billion in assets. Reum showed an exceptional talent to spot promising opportunities and turn them into successful ventures.

His rise from VEEV Spirits to M13 Ventures highlights his growth as a business leader. The Reum brothers sold their açaí-based spirit company at more than seven times its revenue. They applied their hands-on approach to venture capital and backed unicorn companies like Lyft, Ring, and SpaceX. This move confirmed their business philosophy of being "brighter together."

Robert Reum's business leadership at Amsted Industries shaped Carter's early success. Columbia University education and Goldman Sachs experience gave him valuable skills. He made a wise decision to leave corporate security and embrace entrepreneurial risk.

His marriage to Paris Hilton boosted his visibility and created a powerful business alliance. The couple balances luxury with smart financial planning. They invest in stable, long-term value properties instead of flashy acquisitions.

Carter stays dedicated to philanthropy and supports organizations like the Art of Elysium and Pencils of Promise. His roles as author, public speaker, and board member at the Los Angeles County Museum of Art show his diverse interests and dedication to giving back.

Carter Reum's financial outlook for 2025 looks remarkably strong. Venture capital investments make it hard to calculate his exact worth. His strategic business approach suggests continued growth. M13 Ventures ranked 14th in the 2023 HEC-Dow Jones Venture Capital Performance Ranking, which points to an expanding financial empire.

Carter Reum's story ended up showing that true wealth goes beyond numbers. His business expertise, family values, philanthropic work, and personal relationships create a legacy more valuable than any balance sheet could show.

FAQs

Q1. How does Carter Reum's net worth compare to Paris Hilton's?

While Carter Reum's net worth is estimated between $20-40 million, Paris Hilton's is significantly higher at around $300 million. However, their combined wealth and business acumen make them a formidable power couple in the entertainment and business worlds.

Q2. What notable companies has Carter Reum invested in through M13 Ventures?

Through M13 Ventures, Carter Reum has invested in several successful companies, including Lyft, Pinterest, SpaceX, Ring, and ClassPass. The firm has also backed other notable brands like Warby Parker, Bonobos, and Blue Bottle Coffee.

Q3. How did Carter Reum build his business empire?

Carter Reum built his empire starting with VEEV Spirits, which he co-founded with his brother and later sold for a significant profit. He then co-founded M13 Ventures, a venture capital firm that has grown to manage over $1.3 billion in assets and has invested in numerous successful startups.

Q4. What is Carter Reum's background in finance and entrepreneurship?

Reum graduated from Columbia University with a degree in economics and started his career at Goldman Sachs. He later left to co-found VEEV Spirits with his brother, demonstrating his entrepreneurial spirit. His father's influence as a successful businessman also played a significant role in shaping his business acumen.

Q5. How does Carter Reum contribute to philanthropy and social causes?

Carter Reum is actively involved in various charitable endeavors. He supports organizations like the Art of Elysium, which brings creative experiences to hospitalized children, and Pencils of Promise, which focuses on global education. He also incorporates philanthropy into his business ventures, such as VEEV Spirits donating a portion of its proceeds to environmental causes.