Explore the American entrepreneur and venture capitalist Carter Reum Net Worth in 2023, known for his successful career in the tech and spirits industries. This article provides a detailed biography of Reum, including his early life, education, career, and relationships with high-profile figures like Paris Hilton. Learn more about his business strategies, industry insights, and philanthropic endeavors. Explore the wiki and bio of Carter Reum to discover the secrets behind his success.
Carter Reum Intro
Carter Reum is an American entrepreneur, author, and investor who has made a name for himself in the business world. He was born on February 5, 1981, in Wayne, Illinois, and grew up in a family of successful entrepreneurs. After graduating from Columbia University with a degree in economics, Reum began his career in investment banking at Goldman Sachs.
In 2007, Reum and his brother, Courtney, co-founded VEEV Spirits, a company that produces organic, sustainable alcoholic beverages. Under Reum’s leadership as CEO, VEEV Spirits grew rapidly and became a leading brand in the industry, winning several awards and accolades.
Aside from his work with VEEV Spirits, Reum has also worked as a consultant for several startups and is a founding partner of M13, a venture capital firm that invests in early-stage businesses.
Reum’s personal life has also gained public attention, particularly his relationship with reality TV star and heiress Paris Hilton. The couple began dating in 2019 and announced their engagement in February 2021. Hilton’s fame has helped raise Reum’s public profile and has led to increased media attention for his business ventures.
In addition to his work in business, Reum is also an accomplished author. He co-wrote the book “Shortcut Your Startup” with his brother, which offers advice and insights for entrepreneurs starting their own businesses.
Overall, Carter Reum has achieved significant success in the business world, particularly in the alcoholic beverage industry, and his relationship with Paris Hilton has helped to increase his public profile.
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Carter Reum Wiki & Bio
|Real Name/Birth Name||Carter Reum|
|Also Known As||Carter Milliken Reum|
|Father Name||W Robert Reum (Businessman, Former Chairman, President, and CEO of Amsted Industries)|
|Mother Name||Sherry Reum|
|Siblings||Courtney Reum (Brother) (Entrepreneur, Product Developer, Venture Capitalist, Former Investment Banker at Goldman Sachs)|
|Birth of Date||5 February 1981|
|Birth of Place||Wayne, Illinois, United States|
|Age||42 Years Old|
|Nationality||United States Of America|
|Education||Graduation in Economics|
|School/College||Glenbard South High School, Columbia University|
|Occupation||Author, Entrepreneur, Venture Capitalist|
|Famous As||Co-founder Of VEEV Spirits|
|Girlfriend / Spouse||Paris Hilton (married. in 2021)|
|Kids||1 (with Laura Bellizzi)|
|Salary||$2 Million +|
|Monthly Income||$1,60,000 +|
|Carter Reum Net Worth||$ 40 Million|
|Height||5 ft 11 in or 180.5 cm|
|Weight||78 kg or 172 lbs|
|Race / Ethnicity||White|
|Hair Colour||Dark Brown|
|Shoe Size||9 US|
Carter Reum Net Worth and Investments
According to a number of estimates, Carter Reum’s estimated net worth as of 2023 is in the neighborhood of $40 million. His profitable commercial endeavors, investments, and other entrepreneurial endeavors have helped him amass his wealth.
His co-founding of VEEV Spirits, a highly successful business in the alcoholic beverage sector, is Reum’s most notable source of riches. The company gained appeal among customers looking for healthier and more ecologically responsible solutions since it concentrated on making organic and sustainable spirits. Due to VEEV Spirits’ success, Luxco decided to purchase it in 2016, which further boosted Reum’s riches.
Together with VEEV Spirits, Reum has served as a consultant for a number of other start-ups and invested through his venture capital firm, M13, in a large number of businesses. As a result, he has been able to diversify his investment portfolio and earn extra money from different sources.
Reum’s net worth has also benefited from his success as an author. He and his brother co-wrote the best-selling book “Shortcut Your Startup,” which has made him a recognized expert in the field of entrepreneurship.
Ultimately, Reum’s friendship with Paris Hilton contributed to his rise to fame and money. Hilton is a powerful person in the entertainment business, and because of her relationship with Reum, both companies have benefited from more media coverage and branding opportunities.
In general, Carter Reum $40 million net worth in 2023 is evidence of his commercial savvy and entrepreneurial zeal. He has created and successfully run a number of profitable businesses and made astute investments to diversify his sources of income.
Notable Investments and Business Ventures-
Carter Reum has a long history of important business initiatives and investments that have aided in his success as an investor and entrepreneur. Some of his more notable ones are listed below:
Reum and his brother Courtney launched VEEV Spirits together in 2007. The company quickly rose to prominence in the alcoholic beverage sector while concentrating on manufacturing organic, sustainable spirits. Many accolades and prizes were bestowed upon VEEV Spirits, which Luxco eventually purchased in 2016.
Reum is a founding partner of the venture capital company M13, which makes investments in early-stage entrepreneurs. Lyft, Pinterest, and Ring are just a few of the successful businesses in which the company has invested.
The Honest Company: Reum has held a position on the board of directors for The Honest Company, a manufacturer of eco-friendly household goods. Actress Jessica Alba helped co-found the business, which has had great success in the consumer products sector.
Burst Oral Care: Burst Oral Care is a startup that makes oral hygiene products, and Reum is one of its investors. Due to the company’s high-quality, reasonably priced products and favorable feedback from dental experts, it has developed a devoted following.
Reum also invests in Moon Oral Care, a different oral care firm that makes cutting-edge products. The business has a sizable social media following and is supported by a number of famous people.
Ember: Ember, a manufacturer of temperature-controlled mugs and other drinkware, has Reum as one of its investors. The business has seen great success and has garnered numerous honors for its cutting-edge goods.
In general, Carter Reum has concentrated his investments and business endeavors on businesses that place a strong priority on sustainability, innovation, and high-quality products. His success with VEEV Spirits in the alcoholic beverage sector has enabled him to diversify his assets and make wise choices across a range of businesses.
Carter Reum Net Worth Trend
|Net Worth in 2023||$40 Million|
|Net Worth in 2022||$38 Million|
|Net Worth in 2021||$36 Million|
|Net Worth in 2020||$35 Million|
|Net Worth in 2019||$30 Million|
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Carter Reum Early Life and Education
Carter Reum, who was born on February 5th, 1981 in Wayne, Illinois, came from a prominent business family. His mother, Sherry Reum, was a prominent philanthropist, while his father, Robert Reum, served as the CEO of Amsted Industries, a global producer of industrial components.
Reum’s parents were quite successful in their careers, thus he was exposed to the business world at a young age. His parents taught him the value of entrepreneurship and hard work, and their example would influence the direction of his future career.
Reum attended a number of notable colleges for his studies. He completed his secondary school career at Phillips Academy in Andover, Massachusetts, where he excelled academically and participated in a number of extracurricular activities. He later went on to complete his undergraduate studies in economics at Columbia University in 2003, where he was a member of the esteemed academic honor society Phi Beta Kappa.
Reum started his career in investment banking at Goldman Sachs after graduating from Columbia. He spent several years working in the company’s mergers and acquisitions division, where he earned important business and financial strategy skills.
His early work experience in finance and educational background established the groundwork for Reum’s eventual success in entrepreneurship and investing. He was successful in using his understanding of finance and business for his own projects, such as VEEV Spirits and M13.
Reum has won a number of honors and prizes for his commercial accomplishments. He was included on the Forbes “30 Under 30” list in 2015, and other media sources have acknowledged him as a top investor and entrepreneur. Reum’s early years and educational experience gave him a solid basis for success and influenced the direction of his future commercial career.
Carter Reum Career
A string of profitable business initiatives and investments have characterized Carter Reum’s career. Below is a summary of his professional development and salient achievements:
Establishing VEEV Spirits: Reum and his brother Courtney launched VEEV Spirits in 2007. The company quickly rose to prominence in the alcoholic beverage sector while concentrating on manufacturing organic, sustainable spirits. The business received various honors and medals before being eventually purchased by Luxco in 2016. Reum was able to establish himself as a successful investor and entrepreneur thanks to the success of VEEV Spirits.
M13 Ventures, a venture capital company that invests in early-stage entrepreneurs, was co-founded by Reum in 2016. Lyft, Pinterest, and Ring are just a few of the successful businesses in which the company has invested. Reum’s partnership with M13 Ventures, a renowned leader in the venture capital industry, has allowed him to make wise investments and increase his portfolio.
Reum has invested successfully in a number of businesses in the oral care industry, including Burst Oral Care and Moon Oral Care. Both businesses have grown their fan bases significantly and received endorsements from famous people and experts in the field of dentistry. Reum has concentrated its investment approach on businesses that make high-quality, reasonably priced goods and give sustainability and innovation a top priority.
Board Member of The Honest Company: Reum has held a position on the board of directors of The Honest Company, a manufacturer of eco-friendly household items. Actress Jessica Alba helped co-found the business, which has had great success in the consumer products sector.
Investments in businesses that place a high value on sustainability, innovation, and high-quality goods have been key components of Reum’s business strategy. His success with VEEV Spirits in the alcoholic beverage sector allowed him to diversify his assets and make wise choices across a range of businesses. Reum has also demonstrated a willingness to take chances and invest in early-stage firms with great growth potential.
Reum has faced disappointments during his career in addition to many remarkable accomplishments. Reum and his brother founded a company named “AdVentures” in 2013 with the goal of assisting entrepreneurs in turning their concepts into profitable ventures. Reum gained important knowledge regarding the value of market research and strategic planning, yet the company ultimately failed.
Overall, Carter Reum has established himself as a top entrepreneur and investor in a number of industries thanks to a string of profitable business endeavors and investments over the course of his career. He has been able to make wise investments and amass a varied portfolio thanks to his business strategy and willingness to accept changes.
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Philanthropy and Social Media Presence
Dan Reum, better known as Danileigh, is a singer, dancer, and social media star who has generously supported charity organizations and built a substantial online following. Let’s examine his charitable activities and online presence in more detail.
Dan Reum has shown a commitment to giving back to the community through various philanthropic endeavors. In 2020, he donated a portion of his single “Levi High” proceeds to the Los Angeles Community Hospital. Additionally, he has collaborated with the non-profit organization Project Backboard to renovate and beautify public basketball courts across the United States. Reum has also been involved in feeding the homeless and supporting educational initiatives, such as funding a school in Jamaica.
Reum has also been involved in raising awareness for mental health and supporting organizations like The Trevor Project and The Jed Foundation, which aim to provide support and resources for individuals dealing with mental health issues.
Social Media Presence:
Dan Reum has a sizable online following on websites like Instagram, Twitter, and TikTok. His social media presence is substantial. He promotes his personal brand and connects with people on social media.
Reum routinely uploads photos and videos on Instagram that show off his personal life, music, and sense of style. Also, he advertises his forthcoming performances, music releases, and team-ups on Instagram. Reum frequently includes captions with his Instagram images that showcase his humor, genuineness, and personality. He engages with his fans constantly, responding to their comments and sharing their stuff.
Reum is a frequent tweeter who expresses his opinions on a range of subjects, such as pop culture, music, and fashion. Also, he utilizes Twitter to interact with his followers, update them on his music, and advertise new projects. His humor and personality come out in his tweets, which has given him a loyal following on the social media site.
Reum has a sizable fan base on TikTok thanks to his dancing challenges and videos. He engages with his followers, promotes his music, and displays his dance prowess on TikTok. In order to reach a larger audience, he has worked with other TikTok influencers. His TikTok videos frequently become viral.
In conclusion, Dan Reum’s charitable activities and online presence show his dedication to supporting the local community and interacting with his followers. He promotes his brand, interacts with his followers, and displays his personality on social media. Reum has established himself as a rising star in the music industry because of his social media presence, which has allowed him to amass a sizeable fan base.
Carter Reum is a wealthy businessman and entrepreneur with a net worth of about $40 million, to sum up. He has co-founded a number of highly successful companies, such as VEEV Spirits and M13. In addition, he is the author of the highly acclaimed book “Shortcut Your Startup,” which has garnered positive reviews from the business world.
Carter Reum is well renowned for his charitable work in addition to his professional career. He has made significant charitable contributions, including funding groups that offer services for mental health and educational opportunities, as well as remodeling community basketball courts.
Carter Reum is also well-known for his friendship and frequent creative collaborations on music and social media content with dancer and vocalist Danileigh. Reum has also been pictured attending events with his sister Paris Hilton, who is a well-known socialite and successful businesswoman.
Compared to other well-known individuals in his field, Carter Reum maintains a relatively low profile on social media. To interact with his friends and followers, he has however utilized his platforms to advertise his enterprises and discuss his charitable endeavors.
Carter Reum has achieved success in business, philanthropy, and literature throughout his life and career. He is expected to continue giving generously to the business world and humanitarian causes in the years to come given his wealth and business savvy.
FAQ (frequently asked questions)
What is Carter Reum’s net worth in 2023?
As of 2023, Carter Reum’s net worth is estimated to be around $40 million.
How did Carter Reum make his money?
Carter Reum made his money through co-founding businesses like VEEV Spirits and M13, and through his work as an author and investor.
What is Carter Reum’s relationship with Paris Hilton?
Carter Reum is Paris Hilton’s fiancé. The two have been in a relationship since 2019.
What is Carter Reum’s book “Shortcut Your Startup” about?
“Shortcut Your Startup” is a book co-authored by Carter Reum and his brother Courtney. It offers practical advice and insights for entrepreneurs looking to start and grow successful businesses.
What philanthropic causes does Carter Reum support?
Several charitable initiatives, such as those promoting education, mental health, and community development, have received Carter Reum’s support. He has given money to groups like Project Backboard and The Trevor Project, among others.
How does Carter Reum use social media to promote his personal brand?
Through social media, Carter Reum posts updates on his enterprises, charitable endeavors, and personal life. Although he maintains a modest online presence, he makes advantage of his platforms to interact with his fans and promote his writing.
What other businesses have Carter Reum co-founded besides VEEV Spirits and M13?
Carter Reum has also co-founded businesses like Airborne, a healthy drink company, and Investability, a real estate investment platform.
What is Carter Reum’s background and education?
Carter Reum graduated from Columbia University with a degree in history. Prior to co-founding his first business, he worked in investment banking and private equity.
What awards and honors has Carter Reum received for his work?
Carter Reum has been named to several prestigious lists, including the Forbes 30 Under 30 and Inc. 500 list of fastest-growing private companies.
What are some of Carter Reum’s future plans and projects?
Carter Reum is likely to continue growing and expanding his businesses, as well as working on philanthropic initiatives. He is also set to marry Paris Hilton in the near future.