Carter Reum is an American businessman, venture investor, and author who has made a lot of progress in the business world. As of 2024, Carter Reum net worth is thought to be between $20 million and $40 million. This piece goes into detail about Reum’s work, personal life, and the things that have helped him make a lot of money.
Early Life and Education
Carter Milliken Reum was born in Wayne, Illinois on February 5, 1981. He grew up in a home that valued education and business. As president, chairman, and CEO of Amsted Industries, his dad Robert Reum ran one of the biggest private companies in the US. The company was based in Chicago. Carter went to Columbia University for college and graduated with honors in 2003 with a degree in economics.
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Professional Ventures
VEEV Spirits
Carter Reum and his brother Courtney Reum started VEEV Spirits in 2007. This inventive enterprise produced the first vodka with açaí in it. The brand gained a reputation for being environmentally friendly and was the first beverage brand identified as carbon neutral. Under their direction, VEEV Spirits expanded rapidly and became Inc. The 250 privately held American companies shown here are the ones growing fastest. 2015 Brother Reum sold VEEV Spirits to Luxco. Carter’s business advanced a bit.
M13 Ventures
The Reum brothers decided to launch M13 Ventures in 2016 depending on the performance of VEEV Spirits. This venture capitalist firm makes consumer brand investments. Many well-known companies, like Lyft, Pinterest, and SpaceX, have received funding from M13.
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This has helped the company build an image as a major player in the startup world. M13 has been a key part of speeding up the growth of many startups through smart investments and mentoring, which has increased Carter Reum net worth.
Authorship and Thought Leadership
The book “Shortcut Your Startup: Speed Up Success with Unconventional Advice from the Trenches,” which Carter and Courtney co-wrote in 2018, is full of useful tips for people who want to start their own business. The Reum brothers advise based on their own experiences in starting and growing businesses. This adds even more respect for Carter as a corporate world-thinking leader.
Personal Life
Many people became enthralled with his personal life as he started dating well-known actress and entrepreneur Paris Hilton. Before striking it in 2019, they had known each other for over 15 years. They mentioned in February 2021 they intended to be married in November 2021.
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January 2023 saw their first kid, a boy called Phoenix, born using IVF. After that, in November 2023, their daughter London was born through IVF, adding to their family.
Philanthropy and Social Impact
Carter Reum is involved in a lot of charitable work in addition to his business activities. He gives money to many good causes, such as Pencils of Promise, which works to improve education around the world, and Art of Elysium, which gets artists to work with kids who are in hospitals. He wants to use his money and power for the greater good, which shows in his commitment to social effect.
Real Estate Investments
Carter and Paris have made some big real estate investments. In August 2021, they bought a seaside home in Malibu for $8.4 million. This 3,000-square-foot, two-story house has three bedrooms, three bathrooms, an outdoor Jacuzzi, and a deck with a view of the ocean. They rented a $21.5 million Tuscan-style house in Beverly Park, Los Angeles, for a long time in February 2023, which added to the variety of their investments.
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Conclusion
As of 2024, Carter Reum net worth is $20 million to $40 million is a result of his great business ventures, smart investments, and dedication to social causes. Reum has done many things to be successful financially and personally, such as co-founding VEEV Spirits, starting M13 Ventures, writing a business book, and giving back to the community.