Carter Reum has long flown under the radar compared to his globally famous wife, Paris Hilton, but his name commands weight in the world of venture capital and entrepreneurship. Known for co-founding VEEV Spirits and M13, Reum has made an impressive fortune through bold business decisions and strategic investments. This article provides a comprehensive look into Carter Reum’s net worth, his personal life, business empire, and lesser-known facts about his journey to financial success.
Early Life and Education
Carter Milliken Reum was born on February 5, 1981, in Wayne, Illinois. As of today, Carter Reum’s age is 44 years. He comes from a well-educated and affluent background. His father, Robert Reum, was the CEO of Amsted Industries, one of the largest private companies in the U.S. His mom, Sherry Reum, supported her family while staying away from the public spotlight.
Reum attended Columbia University in New York City, where he graduated with a degree in economics and business. During his college years, he was active in entrepreneurship and innovation, laying the groundwork for what would later become a remarkable career.
Building VEEV Spirits: The First Venture
In 2007, Carter Reum, along with his brother Courtney, launched VEEV Spirits. The company marketed a vodka alternative made from açaí berries, focusing on health-conscious consumers. VEEV gained popularity for its eco-friendly approach and premium branding.
The venture was so successful that it caught the attention of Luxco, a major beverage company. In 2016, Luxco acquired a controlling stake in VEEV Spirits, earning Reum a significant profit and positioning him as a notable entrepreneur.
This success marked the first big leap in Carter Reum’s net worth, proving he had what it takes to build a lucrative brand from scratch.
The Rise of M13: A Venture Capital Powerhouse
Following VEEV’s success, Carter and his brother shifted focus to the venture capital world, founding M13, a Los Angeles-based investment firm. M13 quickly gained traction by backing startups and emerging brands with high growth potential.
M13 has invested in major companies such as:
- Lyft
- Snap (Snapchat)
- SpaceX
- Daily Harvest
These investments dramatically boosted Carter Reum’s business profile and net worth. M13 manages hundreds of millions in assets, making Reum a central figure in the startup and tech ecosystem.
Media Presence and Authorship
Aside from business, Carter Reum has made media appearances and penned articles for outlets like Inc. Magazine and Huffington Post. In 2018, he co-authored a book titled “Shortcut Your Startup”, offering real-world advice for aspiring entrepreneurs.
Carter Reum’s book is based on lessons he and his brother learned from building and scaling businesses. It highlights the importance of innovation, efficiency, and customer focus. The book is a reflection of his mindset and approach to wealth-building.
Carter Reum’s Net Worth: A Realistic Estimate
As of 2025, Carter Reum’s net worth is estimated to be between $20 million and $40 million. While these figures are modest compared to Paris Hilton’s estimated $300 million fortune, Reum’s wealth is entirely self-made.
His wealth is a combination of:
- Proceeds from the VEEV Spirits sale
- Equity in M13 and its portfolio
- Book royalties and speaking engagements
This independent financial success underscores Reum’s identity as more than just “Paris Hilton’s husband.” He’s a self-made millionaire who thrives in one of the most competitive markets: venture capital.
Marriage to Paris Hilton: Public Spotlight
Carter Reum married socialite and entrepreneur Paris Hilton in a lavish ceremony in November 2021. Their relationship brought Reum into the limelight, but he has largely maintained his entrepreneurial focus.
Despite the media buzz around their marriage, Carter Reum has successfully retained his private and professional identity. The couple welcomed a baby boy via surrogate in 2023, making Carter Reum a father for the second time.
Carter Reum’s Children and Family
Reum has one child with Paris Hilton, a son named Phoenix. However, lesser known is the fact that Carter Reum has a daughter from a previous relationship with reality TV star Laura Bellizzi. While he does not play an active role in his daughter’s life, this fact adds complexity to his personal narrative.
The child, born in 2011, is not a public figure, and Reum has chosen to keep details about her private. This facet of his life adds a layer of human reality to the otherwise polished image of a successful entrepreneur.
Past Relationships and Ex-Wife
While not legally married before Paris Hilton, Carter Reum had a long-term relationship with Laura Bellizzi. The media often refers to her as Carter Reum’s ex-wife, though no formal marriage took place.
This relationship became the subject of media coverage after the birth of their daughter, particularly once Reum’s marriage to Hilton thrust him into the public eye.
Height and Public Appearance
Carter Reum is approximately 5 feet 11 inches tall (180 cm). He carries himself with the understated confidence typical of someone who thrives in boardrooms rather than on red carpets.
Unlike many celebrity husbands, Reum rarely indulges in flamboyant fashion or excessive media appearances. His professional demeanor makes him stand out amid Hollywood glitz.
Philanthropy and Personal Beliefs
Though not as outspoken as his wife in the philanthropic space, Reum has quietly supported several causes related to education and innovation. He believes in building sustainable business models that solve real-world problems.
Reum also often mentors young entrepreneurs and serves on panels and think tanks aimed at fostering innovation.
Why Carter Reum Matters
What makes Carter Reum unique isn’t just his relationship with Paris Hilton—it’s his impressive resume and strategic mind. He proves that financial success doesn’t always require fame. Instead, it’s a result of consistency, vision, and calculated risk-taking.
His ability to shift from consumer goods to tech investments, and from private life to public spotlight, demonstrates a rare adaptability. Reum is not only a successful investor but also a role model for modern entrepreneurship.
Conclusion
Carter Reum’s net worth is a reflection of decades of smart decisions, relentless effort, and a deep understanding of business mechanics. While his personal life often garners headlines due to his marriage to Paris Hilton, Reum’s professional accomplishments speak volumes on their own.
From launching a sustainable liquor brand to shaping the future of startups through M13, Carter Reum has built an empire worth respecting. His story offers inspiration to those who aim to make it big—not through fame, but through focus and ambition.
Explore Carter Reum’s inspiring journey from startup to millionaire investor.
