Carter Reum Net Worth Revealed: From VEEV Spirits to Paris Hilton's Power Couple

Carter Reum's net worth ranges between $20 million and $40 million. His success as an entrepreneur tells an inspiring story of smart business moves and well-planned investments.

The sort of thing I love about Carter Milliken Reum's path to wealth started with VEEV Spirits.

He and his brother turned this venture into a soaring win by selling the company for $70 million in 2016. But his wealth grew far beyond this original success. His investment firm, M13 Ventures, now manages assets worth over $1.3 billion. The company has backed more than 87 businesses, with three reaching unicorn status. M13's impressive portfolio has investments in major companies like Lyft, Ring, and Snapchat.

Carter's business achievements stand out on their own. His marriage to Paris Hilton, who brings her own estimated $300 million net worth, has helped lift his public profile. They make a dynamic business power couple with aligned interests and impressive combined resources.

This piece dives into Carter Reum's wealth-building story. We'll get into different estimates of his net worth and see how his current business moves keep growing his fortune.

Carter Reum Net Worth in 2025: What We Know

Determining Carter Reum's exact net worth in 2025 remains a puzzle for financial analysts and media outlets. Trusted sources can't seem to agree on the numbers, and they put Carter Milliken Reum's wealth somewhere between $20 million and $40 million.

Why his net worth is hard to estimate

We can't pin down Carter Reum's exact net worth because most of his investments stay private. His venture capitalist portfolio includes startups and private companies with values that keep changing. These private investments don't show clear market values like public stocks do.

There's another reason why getting accurate numbers is tough – Reum built his wealth through his own business ventures. This makes it hard to track all his business moves and their financial results. His venture capital firm M13 has investments in a variety of companies, but many of these deals stay under wraps.

Public estimates vs. private wealth

Celebrity Net Worth, which people often quote, says Carter Reum's worth sits at $20 million. In spite of that, publications like Finty think the number could reach $40 million. This huge gap shows how tricky it is to value private assets.

Celebrity Net Worth admits this challenge. They say, "While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates". The real value of Reum's investments stays mostly hidden, with only bits and pieces showing up in media reports and business papers.

How much is Carter Reum worth today?

The most reliable sources in 2025 put Carter Reum's current net worth between $20-40 million. This shows growth from his 2024 value of $15-35 million, which means his investment choices keep paying off.

His wealth looks impressive but sits nowhere near his wife Paris Hilton's $300 million. Their different bank accounts haven't hurt their relationship though – they both bring strong business smarts to the table. Reum keeps growing his wealth through smart investments, book royalties, and speaking events.

From VEEV Spirits to M13 Ventures: Building His Fortune

Carter Reum built his fortune through entrepreneurial ventures and smart investments. He started with a liquor company and created a venture capital powerhouse. His path to wealth started with a bold career move that led to strategic business growth.

The VEEV Spirits story and $70M exit

The life-blood of Carter Reum's wealth began in 2007. He and his brother Courtney left their high-paying Goldman Sachs jobs to launch VEEV Spirits. Their innovative alcohol company used açaí-based liquor with green practices.

This set new standards in an industry that rarely focused on sustainability. The company grew remarkably fast. Inc. Magazine recognized it as one of the 250 fastest-growing companies in America within three years.

VEEV Spirits reached more than $10 million in annual sales. The brothers sold the company to Luxco for about $70 million in 2016. This soaring win earned them more than seven times the company's annual revenue. The sale created a strong financial base that supported their future ventures.

Launching M13 Ventures and its $1.3B portfolio

The Reum brothers created M13 Ventures in 2016 after their VEEV success. Their venture capital firm quickly rose to prominence by investing early in promising startups. They invested in 15 portfolio companies that grew to valuations of $1 billion each.

M13 now manages over $1.3 billion in assets. The firm has funded more than 87 companies, including three unicorns. Their impressive portfolio has household names like Lyft, Ring, Pinterest, SpaceX, and Snapchat. M13 raised another $400 million for its third fund in March 2022. This move strengthened its position as a major venture capital player.

Other income streams: books, speaking, and media

Carter Reum expanded beyond his main business ventures. He co-authored "Shortcut Your Startup: Ten Ways to Speed Up Entrepreneurial Success" with his brother Courtney in 2018.

The book shares their VEEV experiences and lessons from investing in successful companies.

Reum became a popular public speaker who earns $25,000 per appearance at entrepreneurial summits. He also appeared on "Hatched," a TV series about entrepreneurs. These opportunities helped grow his media presence and brand value.

Marriage to Paris Hilton: A Power Couple’s Financial Dynamic

Paris Hilton and Carter Reum's marriage goes beyond romance – it represents a fusion of two impressive financial portfolios. This power couple has grown their wealth together since their November 2021 wedding while keeping their business ventures separate.

Prenup rumors and shared assets

Talk about a prenuptial agreement spread quickly before the wedding. This agreement would protect Paris's larger fortune. A prenup makes sense as a smart business move, given Paris's $300 million net worth compared to Carter's estimated $20-40 million.

Paris Hilton's influence on Carter's business

Paris runs a business empire that includes fragrance lines, DJ gigs, and media ventures. Her worldwide connections have helped open new doors for M13 Ventures. Their business networks create perfect synergies together.

Their $160K/month mansion and lifestyle

Their combined wealth shows in their lifestyle choices, especially their Beverly Hills mansion that costs $160,000 monthly. This massive 11,000+ square-foot property reflects their luxurious living standards without affecting their overall wealth much.

Philanthropy and joint investments

The Reums do more than just spend on themselves. They support various causes, especially those related to technology, innovation, and children. Their investments blend Paris's entertainment industry expertise with Carter's venture capital knowledge. This combination has made them a powerful business duo.

Beyond Business: Family, Legacy, and Future Moves

Family and charitable work are central to Carter Milliken Reum's life beyond his business success and net worth.

Children and parenting priorities

Carter embraces his role as a father. His journey into parenthood began in 2013 with the birth of his daughter Evie, whose mother is former reality star Laura Bellizzi. Their unique family arrangement includes his consistent financial support for his daughter.

The family grew larger in 2023 when Carter and Paris Hilton welcomed two children through surrogacy – son Phoenix Barron in January and daughter London Marilyn in November.

"Being a parent doesn't come with a playbook, so I'm just trying to learn as we go—and enjoying every minute of it!" Carter has shared. The couple spent over $1 million on their son's nursery. The space features "expensive and over-the-top with touches of gold" elements while maintaining a "classy" esthetic.

Carter's philanthropic focus

Carter dedicates significant time to charitable causes. His support extends to Pencils of Promise, which builds schools in underserved communities, and the Art of Elysium's art therapy programs for children.

Carter and Paris demonstrated their commitment to community support when they pledged $25,000 to help 50 women-owned businesses affected by the Eaton Fires in March 2025. His companies reflect his values through a triple bottom line approach: "people, planet, and profits".

What's next for Carter Milliken Reum?

Carter's investment portfolio continues to grow. He sits on the Los Angeles County Museum of Art (LACMA) board and oversees investments between $4-7 million across 48 ventures. His investment interests focus on cleantech startups, health ventures, and consumer internet companies.

The future looks promising according to Carter and his brother's book "Shortcut Your Startup." They share their "huge ambitions in terms of 'goodness'" and believe they're "just getting started". This entrepreneurial spirit suggests Carter Milliken Reum's net worth will grow through smart investments and business expansion.

Conclusion

Carter Reum is a 42-year-old successful entrepreneur with a net worth between $20 million and $40 million. This piece explores his remarkable experience from co-founding VEEV Spirits to establishing M13 Ventures, a powerful investment firm that now manages over $1.3 billion in assets.

Carter wisely channeled his business expertise into venture capital after selling VEEV for an impressive $70 million in 2016. His portfolio now has investments in household names like Lyft, Ring, and Snapchat. His wealth is nowhere near his wife Paris Hilton's estimated $300 million fortune. Yet together, they make a formidable power couple with complementary business interests.

His income streams come from book authorship, speaking engagements, and media appearances while he keeps his focus on strategic investments. Carter balances fatherhood with philanthropic efforts and supports causes like Pencils of Promise and the Art of Elysium.

Many of his investments remain private which makes it challenging to determine his exact net worth. Carter Milliken Reum's entrepreneurial spirit and investment strategy have positioned him well for continued financial growth. His wealth will likely continue to grow as he expands his focus on cleantech startups, health ventures, and consumer internet companies.

Different sources may show varying numbers, but Carter Reum's success story shows how strategic business decisions and diverse income streams can build substantial wealth. His transformation from a Goldman Sachs employee to a successful entrepreneur and venture capitalist stands as an inspiring example of modern business expertise.

FAQs

Q1. What is Carter Reum's estimated net worth?

Carter Reum's net worth is estimated to be between $20 million and $40 million, primarily built through his entrepreneurial ventures and strategic investments.

Q2. How did Carter Reum build his fortune?

Carter Reum built his fortune primarily through co-founding VEEV Spirits, which he sold for $70 million, and by establishing M13 Ventures, a venture capital firm managing over $1.3 billion in assets.

Q3. What is M13 Ventures and how has it contributed to Carter Reum's wealth?

M13 Ventures is Carter Reum's investment firm that has funded over 87 companies, including successful startups like Lyft, Ring, and Snapchat. It has significantly contributed to his wealth through strategic investments in promising companies.

Q4. How does Carter Reum's net worth compare to his wife Paris Hilton's?

While Carter Reum's net worth is estimated between $20-40 million, his wife Paris Hilton's net worth is significantly higher at around $300 million. Despite this disparity, they form a powerful business partnership.

Q5. What other income streams contribute to Carter Reum's wealth?

Besides his main business ventures, Carter Reum earns income through book royalties, speaking engagements, and media appearances. He co-authored a book on entrepreneurship and commands fees of up to $25,000 for speaking at business events.